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Water Exclusion Clause
What is 'Water Exclusion Clause '
There is a provision in a homeowner's or renter's insurance policy that prohibits coverage for certain water-related claims. A...
National Securities Clearing Corporation (NSCC)
What is 'National Securities Clearing Corporation - NSCC'
Financial sector clearing, risk management, information, and settlement services are provided by the Depository Trust & Clearing...
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TRAVEL GUIDES
Avoiding Common Essay Pitfalls: 7 Mistakes to Watch Out for in...
Mastering the art of essay writing is a crucial skill for any college student. From term papers to online forum posts, your ability to...
Limit Order Book
What is a limit order book
A limit order book is a tool that helps traders to trade assets by allowing them to set the...
MOBILE AND PHONES
Baby Bells
DefinitionThe Regional Bell Operating Companies are the result of United States v. AT&T, the U.S. Department of Justice antitrust suit against the former American...
Qualified Exchange Accommodation Arrangements
What is 'Qualified Exchange Accommodation Arrangements' A strategy used in some 1031 exchanges where a third party, known as an "accommodation party,"...
NEW YORK 2014
Wasting Asset
What is 'Wasting Asset' An item that irreversibly declines in value, as a function of time. Wasting assets include vehicles, machinery and...
Invoice vs Bill
What's the difference between an invoice and a bill? You might think they're interchangeable terms, but there is a distinct difference. An invoice is...
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Viager Definition
What is a viager and how does it work
A viager is a type of contract in which someone agrees to sell their property for...
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