Tag: laws
Kickback
What is a 'Kickback'
A kickback is the payment of something of value to a recipient as compensation or reward for providing favorable treatment to...
Natural Law
What is 'Natural Law' A set of rules inherent in human behavior and human reasoning that governs human conduct. Natural law is...
Odious Debt
DefinitionIn international law, odious debt, also known as illegitimate debt, is a legal theory that says that the national debt incurred by a despotic...
Real Estate Settlement Procedures Act (RESPA)
What is 'Real Estate Settlement Procedures Act - RESPA' This act was designed to protect potential homeowners and enable them to become...
Call Rule
What is 'Call Rule' A exchange rule whereby the official bidding price for a cash commodity is competitively established at the end...
Canadian Competition Act
The Competition Act is a federal law that governs competition and business practices in Canada. The act was last amended in 2009, and the...
Payday Loans
DefinitionA payday loan is a small, short-term unsecured loan, "regardless of whether repayment of loans is linked to a borrower's payday." The loans are...
Sales Charge
What is a 'Sales Charge' A sales charge is a commission paid by an investor on his or her investment in a...
Vandalism And Malicious Mischief Insurance
What is 'Vandalism And Malicious Mischief Insurance' A type of insurance coverage that protects against losses sustained as a result of vandals....
Fair Labor Standards Act (FLSA)
What is 'Fair Labor Standards Act - FLSA' A United States law which sets out various labor regulations regarding interstate commerce employment,...