Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Expected condition with an increasing principal amount increases following each monthly installment payment. Graduated payment mortgages (GPM) designed to match young executives or professionals with low starting income but high, rapid growth
A duty to not take one side if another can present equal stock sense.
A bill of exchange transfers to an entity that becomes the new holder from its current holder.
For semi-liquid assets as cash at their full value, this is an asset’s net worth less deductions .
In an accounting period the total revenue minus all periodic expenses. When income taxes and interest are not deducted, it is known as operating profit or loss, if negative. Also known as
In a reinsurance surplus treaty on a particular risk, the original insurer’s retained insurance amount. Also refers to the an insurer’s maximum loss amount exposure unless reinsured.
After deducting all discounts and rebates, one has a final price.
Investment’s net income calculated as: Investment’s gross income minus expenses. Analysis type executed defines including or excluding income tax and/or capital gains tax.
A dedicated internet user as a cyberspace citizen.
Money coming in equals money going out. Any entity has a neutral cash flow if the periodic expenses equals the periodic income to the penny.
For the precious metals and energy markets, one of the most active options exchanges is this specific commodities futures’ exchange, the world’s largest. NYMEX has two divisions: NYMEX, for trading energy, platinum,
because of its short life span, wood pulp paper is used for newspapers but not for books or records. Pulp is absorbent, coarse, off-white or light brown, and soft.
Inorganic or organic ester or nitric acid salt containing the (NO3) ion. Nitrates play a major part in nitrogen cycle and nitrate pollution. They are the most water soluble of all salts.
Whether or not one is at fault in an accident, the insured is covered for the stated risk by this type of auto insurance policy.
Restricting or discouraging a community’s commercial development as a practice.
Common risks to all companies that are avoidable by diversifying.
The theory that a new peak is being reached if odd lots are becoming more common for the company.
When a buyer can be paid off according to their best or worse performing assets and cash.
When bankers tell analysts about new developments.
Using overfunded pension plans to start new endeavors.