Tag: agreement
Bailment
What is 'Bailment' The contractual transfer of possession of assets or property for a specific objective. In bailment, the deliverer of the...
Parallel Loan
DefinitionA parallel loan is two loans taken out by two pairs of companies in different countries from local lenders with the aim of swapping...
Paris Pair
What is 'Paris Pair' The nickname for the U.S. Dollar/French Franc currency pair prior to France's conversion to the Euro. Since the...
Qualified Special Representative Agreement (QSR)
What is 'Qualified Special Representative Agreement - QSR' An agreement between broker-dealers to clear trades without the interaction of the NASDAQ ACT...
Qualifying Transaction
What is 'Qualifying Transaction' A type of transaction that occurs when a company issues public stock in Canada. A qualifying transaction occurs...
Quasi Contract
What is a 'Quasi Contract'
A quasi contract is an agreement between two parties without previous obligations to one another that has been created and...
Quid Pro Quo
What is 'Quid Pro Quo' A Latin phrase meaning "something for something". This term is typically used in financial circles to describe...
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,"...
Variable Prepaid Forward Contracts
What is 'Variable Prepaid Forward Contracts' An agreement to give a predetermined number of shares to a brokerage firm, with the stipulation...
Farmout
What is 'Farmout' Farmout is the assignment of part or all of an oil, natural gas or mineral interest to a third...