NEGOTIATION CREDIT
The issuer specifically states that this documentary credit is available by negotiation. The issuer’s owes this money as an obligation continued to its drawers, endorsers, and bona fide holder for value for
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
The issuer specifically states that this documentary credit is available by negotiation. The issuer’s owes this money as an obligation continued to its drawers, endorsers, and bona fide holder for value for
As asset’s value as it appears in the company’s books. Calculate Net book value as the asset’s original cost minus accumulated depreciation.
A location that is often a specific country or territory whose imported goods value exceeds goods exported value during a specific time range. When the imported goods’ total value exceeds exports’ total
Insurer’s required reserve for late-term net level policies’ payment.
The investment is considered a profitable value If the net present value is calculated above zero. The investment is considered worthless If net present value is less than zero.
1. In Insurance, this is the insurance policies amount still on the books after subtracting cancellations and lapsed policies from new policies written. 2. In General business, this is the company’s employee
Net etiquette. Proper Internet manners, especially during chatting (refer to internet relay chat). Always remember that a person like you is on the other end of this chat. A computer screen is
Behavioral, emotional, or body-movement motor abnormalities occur from an affected central nervous system when exposed to this specific type of biological or chemical substance, like mercury compounds.
A higher, appellate court orders a case’s re-trial due to (1) judicial misconduct or jury misdirection, (2) procedural defect, or (3) available fresh evidence.
Sold by newspaper advertisements with the aim of increasing circulation, this is a specific type of limited health insurance policy.
Following an audit, the recipient has 90 days to respond to a tax deficiency or other discrepancy as detailed in this type of notice sent from the IRS. Tax collection activities are
Without having to prove any other party was at fault in an accident, an aggrieved party is awarded compensation. Workmen’s compensation is no-fault compensation. It is a legal rule in some jurisdictions.
To complete this type of mortgage loan application, no supporting documentation is required. The interest rate common to such a loan is typically higher than full or reduced documentation loans. The borrower
When an asset can be bought or sold at a predetermined price and time in terms of cash.
An irregular size lot of goods sold in retail stores that does not fit the standard lot size.
When a buyer can be paid off on their best or worse selling assets.
When an ownership has no controlling interest.
When a debtor and creditor meet to avoid default.
Stocks sold at less than one dollar. They are sold by companies in financial trouble, new companies, and ones removed from a larger market. The sales are recorded on a pink sheet.
A takeover prevention strategy that makes stock look bad to the interested buyer. Refer to chewable, flipin, and flipover pill.