Tag: contracts

Derivatives’ Significance in Managing Risk within the Oil Trading Industry

The global oil trading industry is complex and dynamic, with participants facing challenges like fluctuating prices, geopolitical uncertainties, and supply-demand imbalances. Effectively managing risk...

Commercial Record-Keeping on Blockchain to Revolutionize Contracts

Healthcare data, educational transcripts and many others have been digitized in the past decade in order to streamline record-keeping. However, commercial contracts have so...

Kickback

What is a 'Kickback' A kickback is the payment of something of value to a recipient as compensation or reward for providing favorable treatment to...

Hedge Clause

What is 'Hedge Clause' A provision included in published financial reports that indemnifies the author, or authors, against any responsibility for any...

Heads Of Agreement

What is 'Heads Of Agreement' A non-binding document outlining the main issues relevant to a tentative partnership agreement. Heads of agreement represents...
Implied Contract

Implied Contract

What is an implied contract An implied contract is a legally binding agreement between two parties that is not written or spoken, but is simply...

Implied Contract Terms

What are 'Implied Contract Terms' Implied contract terms are items that a court will assume are intended to be included in a...

Incentive Fee

Definition of an Incentive Fee An incentive fee, also known as a performance fee, is a fee which a client fund may be charged by...

Implied Warranty

DefinitionIn common law jurisdictions, an implied warranty is a contract law term for certain assurances that are presumed to be made in the sale...

National Commodities And Derivatives Exchange (NCDEX)

What is 'National Commodities And Derivatives Exchange - NCDEX' India's largest and most recognized commodities exchange, which was established in 2003. The...

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