Tag: contract
Far Option
What is the Far Option and how can it benefit me
The Far Option is a long-term financial planning strategy that can help you to...
Water Damage Clause
What is 'Water Damage Clause' A clause in a property-casualty insurance contract. A water damage clause states that the insured is covered...
Warehouse-To-Warehouse Clause
Warehouse-To-Warehouse Clause What is 'Warehouse-To-Warehouse Clause ' A clause in an insurance policy that provides for coverage of cargo in transit....
Waiver Of Subrogation
What is a 'Waiver Of Subrogation' A waiver of subrogation is a contractual provision where one party agrees to limit the rights...
Waiver Of Inventory Clause
Waiver Of Inventory Clause What is 'Waiver Of Inventory Clause ' A clause in an insurance policy that says that the...
Gatekeeper
What is 'Gatekeeper' Requirements that must be met before an individual can qualify for a long-term care plan. A person must qualify...
Gazump
DefinitionGazumping occurs when a seller accepts an oral offer on the property from one potential buyer, but then accepts a higher offer from someone...
Futures
Futures are a type of financial contract whereby an investor is obliged to buy an asset at a specified future price and date. The...
Dalian Commodities Exchange
What is 'Dalian Commodities Exchange' A commodities exchange located in Dalian, China. The Dalian Commodities Exchange trades futures contracts on soybeans and...
De-Escalation Clause
What is 'De-Escalation Clause' An article in a contract that calls for a price decrease if there is a decrease in certain...