Tag: covid

What is 'Waiver Of Exemption' A provision in a consumer credit contract or loan agreement that permitted creditors to seize or threaten...

What is 'Wash-Out Round' A common round of financing to owners of small companies that are not yet financially stable. When such...

DefinitionWealth management is an investment-advisory discipline which incorporates financial planning, investment portfolio management and a number of aggregated financial services. High-net-worth individuals, small-business owners...

DefinitionA wealth tax is a levy on the total value of personal assets, including: bank deposits, real estate, assets in insurance and pension plans,...

Waiver Of Inventory Clause What is 'Waiver Of Inventory Clause ' A clause in an insurance policy that says that the...

What is 'Gap Amount' Insurance will only cover a certain amount of coverage if leased items are stolen or totaled. There is...

What is 'General Order - GO' A status given to imported goods that are missing the proper documentation or are not quickly...

DefinitionTake-out or takeout; carry-out; take-away, takeaways, parcel, refer to prepared meals or other food items, purchased at a restaurant, that the purchaser intends to...

What is a recession and how does it affect the average person A recession is a period of economic decline in which trade and investment...

DefinitionTax deferral refers to instances where a taxpayer can delay paying taxes to some future period. In theory, the net taxes paid should be...