Tag: principal
Understanding the Difference between Principal and Agent
In the world of business and transactional relationships, understanding the difference between a principal and an agent is essential. It is crucial to know...
Healthcare Power Of Attorney (HCPA)
What is Healthcare Power Of Attorney
A healthcare power of attorney (POA) is a legal document that gives someone else the authority to make decisions...
Incentive Trust
DefinitionIn American estate planning parlance, an incentive trust is a trust designed to encourage or discourage certain behaviors by using distributions of trust income...
Implied Authority
What is implied authority and how can it help your business
Implied authority is a legal concept that applies to businesses and other organizations. It...
Offshore Portfolio Investment Strategy (OPIS)
What is 'Offshore Portfolio Investment Strategy - OPIS' A tax shelter product designed to create large, seemingly real losses to be used...
Mortgage Loan
DefinitionA mortgage loan, or simply mortgage, is used either by purchasers of real property to raise funds to buy real estate, or alternatively by...
Accelerated Payments
What are accelerated payments and how do they work
Accelerated payments are payments that are made before the scheduled due date. They are often used...
Ralph Wanger
What is 'Ralph Wanger' The former chief portfolio manager for the Acorn Fund who founded Wanger Asset Management. Ralph Wanger also gained...
Random Factor Analysis
What is 'Random Factor Analysis' A statistical analysis performed to determine the origin of random data figures collected. Random factor analysis is...
Compound Interest
DefinitionCompound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It...