A security that cannot be converted until a date.

A loan feature that lets the borrower withdraw amounts at predefined times.

A rule in life insurance concerning payout of death benefits. It occurs when the beneficiary is dead and other listed must be paid.

Reducing the size of a business by firing management. The organization structure is flatter.

When a leader gives authority to make decisions to the employees but is responsible for the results.

A law stating the agent with authority cannot act without the delegator permission or implied permissin. It is fundamental to administrative law.

Erasing data from a storage medium. The space left is used.

Not repaying a debt as agreed. 2 missing payments is considered delinquent for consumer loans but it takes 15-30 days for credit cards.

The past due payments divided by the total loans. It is the way a bank’s quality is shown in their portfolio.

Taking stock from the exchange causing rule violations and inability to meet requirements of purchases when they are due.

A report done when a contract demands it. This term also applies to individual items.

The specific type and quality of a financial or physical ASSET that can be delivered under the terms of an EXCHANGETRADED DERIVATIVE. Many contracts provide the selling party with the ability to

When a seller does their part and delivers to the point in the buyer’s country.

A contract that is not payed for yet by an insured party.

When the price invoiced has all charges on it for delivery without concern for how it will get thre. An import license is sometimes needed.

The price invoiced has all charges except import duties to deliver an item without consideration of how it will get there.

When the buyer and seller agree bring anoder to the port. The cost of bringing the goods to the warehouse is on the buyer as well as duties, taxes, and charages from

When the seller does their part to ship by boat by importing to the buyers country.

The selling price plus charges up to delivery as decided by buyer or seller.

Predicting analysis that uses feedback to make a consensus among experts. It is done anonymously. The issue is circulated and commented on until an agreement is reached. AKA delphi forecasting.