Tag: dictionary
Waiver Of Restoration Premium
Waiver Of Restoration Premium What is 'Waiver Of Restoration Premium ' A clause in an insurance policy that says that the...
Waiver Of Coinsurance Clause
Waiver Of Coinsurance Clause What is 'Waiver Of Coinsurance Clause ' Language in an insurance policy that says the insurance company...
Weak Sister
What is 'Weak Sister' An element that undermines the entire system. Weak sister can either refer to a single individual or a...
Gazunder
What is Gazundering and how can you avoid it
Gazundering is the act of reducing a purchase price at the last minute, usually just before...
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...
Gen-Saki
What is 'Gen-Saki' A secondary market in Japan, also known as a repo market for its similarity to repurchase agreements. It is...
Gentry-De La Garza Model
What is 'Gentry-De La Garza Model' A different way of managing account receivables, proposed by college professors James A. Gentry and Jesus...
Par Value
DefinitionPar value, in finance and accounting, means stated value or face value. From this come the expressions at par, over par and under par....
Above Par
What is 'Above Par' A term used to describe the price of a security when it is trading above its face value....
Tax Anticipation Bill (TAB)
What is a TAB and what are its benefits
A Tax Anticipation Bill, or TAB, is a type of loan that allows taxpayers to borrow...