Tag: payment
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...
Earnout
What is an earnout and how does it work
An earnout is a performance-based bonus that is paid out over time, typically in addition to...
Debt to Income Ratio
DefinitionA debt income ratio is the percentage of a consumer's monthly gross income that goes toward paying debts. There are two main kinds of...
Yacht Insurance
Yacht Insurance What is 'Yacht Insurance ' An insurance policy that provides indemnity liability coverage on pleasure boats. Yacht insurance includes...
VA Loan
DefinitionA VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs. The program is for...
C Corporation
What is a C Corporation
A C corporation is a business structure in which the company's shareholders own its assets and are liable for its...
C
What is 'C' A Nasdaq stock symbol indicating the issuer has been granted a continuance in Nasdaq under an exception to the...
Zakat
What is 'Zakat' A term used in Islamic finance to refer to the obligation that an individual has to donate a certain...
FDIC Problem Bank List
DefinitionIn American finance, the FDIC problem bank list is a confidential list created and maintained by the Federal Deposit Insurance Corporation which lists banks...
T+1 (T+2,T+3)
What is 'T+1 (T+2,T+3)' Abbreviations that refer to the settlement date of security transactions. The T stands for transaction date, which is...