BROWSE

35 Results for 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 deposited. This service is only available wh

In Escrow

In Escrow What does 'In Escrow' mean In escrow is an item such as money or a piece of property that has been transferred to a third party with the intentions of delivery to a grantee as pa

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 of products or real property, due to the cir

Abandonment Option

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

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 that generates proceeds that are less than the amount owed on the property. A

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 legal contract that obligates a buyer to buy and a seller to sel

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 order to produce greater than anticipated results. Sandba

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 together to finance a transaction. A bac

Call Price

Call Price What is a 'Call Price' A call price is the price at which a bond or a preferred stock can be redeemed by the issuer. This price is set at the time the security is issued. Also r

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 futures contract. The price of the first back month futures cont
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