Tag: contract

What is ‘Unbundled Life Insurance Policy' An unbundled life insurance policy is a type of insurance policy and planned financial protection that offers money to...

What is 'Joint Life With Last Survivor Annuity' An insurance product that, when annuitized, makes payments to the annuitant, the annuitant and...

What is 'Named Perils Insurance Policy' A home insurance policy that only provides coverage on losses incurred to your property from hazards...

DefinitionBailment describes a legal relationship in common law where physical possession of personal property, or a chattel, is transferred from one person to another...

DefinitionIn finance, a short sale is the sale of an asset that the seller does not own. The seller effects such a sale by...

When it comes to buying a home, there are many different options available to you. One of those options is the land lease option....

What is a land contract and how does it works? A land contract is a contract between the buyer and seller of a piece of...

What is the last trading day for a security The last trading day for a security is the final day that trading can take place...

DefinitionA lease option is a type of contract used in both residential and commercial real estate. In a lease-option, a property owner and tenant...

What is e-CBOT and how does it work The e-CBOT system is a secure, electronic platform that allows users to trade financial instruments including commodities,...