Tag: buyer

Immediate Credit

Immediate Credit What is 'Immediate Credit' The Federal Reserve practice of "clearing" checks deposited by member banks on the same day they're...

In Escrow

In Escrow What does 'In Escrow' mean In escrow is an item such as money or a piece of property that has...

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...

Abandonment Option

Abandonment Option What is 'Abandonment Option' A clause granting parties the option of withdrawing from the contract before the fulfillment or completion...

Real Estate Short Sale

Real Estate Short Sale What is a 'Real Estate Short Sale' A real estate short sale is any sale of real estate...

Sales And Purchase Agreement (SPA)

Sales And Purchase Agreement (SPA) What is a 'Sales And Purchase Agreement - SPA' A sales and purchase agreement (SPA) is a...

Sandbag

Sandbag What does 'Sandbag' mean Sandbag is a tactic used to hide or limit expectations of a company's or individual's strength in...

Back-To-Back Letters Of Credit

Back-To-Back Letters Of Credit What are 'Back-To-Back Letters Of Credit' Back-to-back letters of credit consist of two letters of credit (LCs) used...

Call Price

Call Price What is a 'Call Price' A call price is the price at which a bond or a preferred stock can...

Back Month Contract

Back Month Contract What is 'Back Month Contract' A type of futures contract that expires in any month past the front month...

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