The satisfaction of debt obligations through additional investments is not permitted with this stock.

Absence when called upon by a court at the hearing

Also referred to as interest only loan, it is an arrangement on a loan which requires the borrower to pay periodic installments to cover only the interest amount. The principal amount is

A loan that is considered to be nonperforming due to nonpayment of interest or the uncertainty regarding the collection of principal. For example, nonpayment of interest for 90 days deems that the

An activity whose removal will not affect a process as it usually generates a zero or negative return of investment on resources.

An offense that has led to the rejection of bail for the accused.

A policy with a set premium amount such that extra premiums cannot be added

Often a budget for a onetime project, such as the recruitment of staff on a temporary basis, or a special project, that is assigned to a department in a company as a

Income that is received from passive sources such as the appreciation of a real estate property and as such they fall under the tax related category of income.

Days such as public holidays or the weekend when business transactions do not take place. If a contract is due on a non-business day, it is usually processed on the first business

Generic Goods that bear close resemblance to the goods produced by popular brands and establishments. And as such, they are considered to be of low quality and price due to market perception.

Also referred to as nonbank financial companies, these are financial companies that perform the traditional duties of a bank without the possession of legal banking classification.

Non cash expenses such as depreciation where cash is not physically involved

Occurs when the expenses of a business are greater than the income for a financial period.

A type of financial equity that requires the payment of a penalty if it is redeemed before the maturity date. This protects the holder from the income loss that is caused by

Expenses such as amortization and depreciation that do not involve cash transactions, yet show up on an income statement.

1. Accounting: A Financial items that does not affect the firm’s cash inflows and outflows while being included in the computation of its income on the basis of accruement 2. Banking: Checks

Investments and Finance that are carried out without the traditional inflow and outflow of cash.

A policy that allows the insured to be covered by continuing the payment of premiums for a specified duration of time. The premiums for such policies remain unchanged while also prohibiting the

The majority of policies are non assignable and as such cannot be transferred to a third party ownership