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4 Results for Tag: faith

Official Staff Commentary

Official Staff Commentary What is 'Official Staff Commentary' Commentary published by the Federal Reserve. Official staff commentaries are laid out in a question-and-answer format. They ar

General Obligation Bond (GO)

General Obligation Bond (GO) What is a 'General Obligation Bond - GO' A general obligation bond (GO) is a municipal bond backed by the credit and taxing power of the issuing jurisdiction r

Uberrimae Fidei Contract

Uberrimae Fidei Contract What is 'Uberrimae Fidei Contract' A legal agreement requiring the highest standard good faith. "Uberrimae fidei" or "uberrima fides" is Latin for "utmost good fai

Earnest Money

DefinitionAn earnest payment is a specific form of security deposit made in some major transactions such as real estate dealings or required by some official procurement processes to demonst