Tag: loan

An investor does not deal with the buying and selling procedures on his own; he has a broker do them for him. This is...

DefinitionOff-balance sheet, or Incognito Leverage, usually means an asset or debt or financing activity not on the company's balance sheet. Total return swaps are...

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 'Early Amortization' A type of credit enhancement used in certain asset backed securities (ABS). Early amortization is an accelerated payment...

DefinitionWhere two or more persons are liable in respect of the same liability, in most common law legal systems they may either be... Joint...

What is 'Job Footprint' The scope and range of an employee's duties while under a company's employ. A secretary's job footprint might...

Joint and Several Liability in Business In most common law legal systems, two or more people can be jointly liable for a single liability. Joint...

DefinitionOcean State Job Lot, headquartered in North Kingstown, Rhode Island, is an American discount retailer with 131 stores discount stores operating in New England,...

What is joint ownership of property Joint owned property refers to a situation in which two or more individuals own an asset together. There are...

What is 'Idle Funds' Money that is not invested and, therefore, earning no interest or investment income. Idle funds are simply funds...