Responsibility taken by any party under contract, as per the conditions of the contract.

Not a genuine port for loading but is assumed as such in order to compute haulage charges or/and tariff for inland. Also known as commercial port of loading.

Legal kinship between parties of contract demonstrated by 1) a proposal, 2) proposal

An investor or a plunger who does not act as per conventional wisdom: the person is a pessimist in comparison, to others who are optimist or vice versa. Contrarian ideology is established

In a process of performance appraisal or interview, mistakes induced as a result of previously appraised or interviewed participants on the questioner. It creates an alarmed or unalarmed comparing of one participant

A formula which shows the amount an employer would pay for any plan of profit sharing. This formula could also be used for plan related to purchasing money.

Method of calculating the selling price of a product so that it can at least add to the product

Legal rule that an angry or injured complainant might have added to his own injury because of being negligent of known or obvious conditions. Contributory negligence

The legal entitlements granted to an investor holding a share of COMMON STOCK, including the right to transfer shares, receive regular and accurate financial disclosure, vote on specific issues at the company

The nonmonetary return that is derived from holding an ASSET, such as not facing a shortfall in the event of excess demand. The existence of a convenience yield creates an incremental return

(1) In the EXCHANGETRADED DERIVATIVE market, the gradual drawing together of SPOT PRICES and FUTURES PRICES as contract maturity approaches; the convergence means that the BASIS, or price difference, gradually narrows. (2)

The market value of the shares of COMMON STOCK into which a CONVERTIBLE BOND can be exchanged, generally computed as: where Convratio is the CONVERSION RATIO and S is the stock price.

The RISK of loss arising from an inability to convert local currency into a fully CONVERTIBLE CURRENCY and/or to repatriate convertible currency back to a home country as a result of EXCHANGE

A hybrid DEBT/EQUITY security that consists of a COUPONbearing BOND and an embedded equity OPTION that allows the investor to convert into a specified number of shares of COMMON STOCK once the

A currency that can be freely exchanged into another currency for any purpose, without regulatory restrictions. Convertible currencies are generally associated with open and stable economies, and their prices are typically determined

A class of PREFERRED STOCK that allows the investor to convert it into a specified number of shares of COMMON STOCK once a conversion price is reached. Convertible preferreds pay DIVIDENDS rather

A mathematical measure that quantifies the sensitivity of an ASSET to large changes in price or YIELD. In OPTION contracts convexity (commonly termed GAMMA) measures the change in DELTA for a change

The practice of liberally interpreting, or manipulating, accounting rules in order to convey a stronger financial position. Smoothing income flows, reversing RESERVES, and capitalizing costs that should be expensed are forms of

In the US markets, the period between the filing of a final PROSPECTUS and the offering of a NEW ISSUE of securities to public investors. The cooling off period is typically 20

Advertising or offers sent in the same mailing envelope to potential customers from multiple businesses . These businesses work in the same market but have products that do not compete. They co-mail