Indirect loans that a customer gets from a retailer. It is from a third party financial institution.

When a car manufacturer offers dealers a cost reduction to get them to buy from the factory. It is used on slowmoving stock after a goal is met.

A gift for incentive that a retailer gets to get them to buy more. Dealer programs or premiums are an example.

A financial marketplace where activity is restricted to DEALERS acting as PRINCIPALS for their own accounts; BROKERS acting as agents for their clients are not permitted to participate.

An ELECTRONIC COMMUNICATIONS NETWORK where clients face a sponsor, rather than other clients, as pricemaker and COUNTERPARTY. Dealer market ECNs can be regarded as an electronic mechanism of dealing with a single

When the supply is low and is having difficulty meeting its demand.

When a part of the insured salary is taken for life insurance.

Any exclustion or preclusion that prevents having or doing something.

1. when a buyer gets a service or good promising to pay in the future. 2. when a security is given by a government agency to get more funds.

A card used to do cash transactions that is not a credit card. It is taken from the balance of the cardholder. If it is more than is available than it is

The date when money from an account is taken based on a debit. It is done when funds are there on the same day every month.

A letter a seller gives to show amount owed. It is a debit note. AKA debit memo.

Any OPTION SPREAD that results in a net outflow of PREMIUM. See also CREDIT SPREAD.

A system agents use for policy premiums on a weekly or montly basis.

Giving a summary of a condition on the situation to the parties involved.

A stipulation in industrial all risk insurance. It covers cost of debris removal, dismantleing a structure, or shoring a structure. It is limited to 5-10% of the policy amount.

1. assessing the debt of a party can repay in a reasonable time without losing its viabilty. 2. the amount of debt a firm can have based on a loan agreement or

The theory of Irving Fisher that a depressin is caused by overconsumption, overspending, and underinvestment destablizes the debt and deflation. Debt increases lowering prices causing the value of debt causing financial distress.

Releasing liabilty for unsecured debt due to bankruptcy order or creditor. The debt is unenforceable. Anything secured with collateral are enforced through liens.

To pay off a debt an investment with a high yield is taken.