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
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...