Tag: payments

How to Calculate Variation and Maintenance Margin In futures trading, you must provide variation margin to your broker if you want to continue trading. If...

DefinitionA facilitating payment is a certain type of payment to foreign officials that is not considered to be bribery according to legislations of some...

What is a Fair Market Value Purchase Option A Fair Market Value Purchase Option is an agreement between a buyer and a seller that gives...

Definition A fixed interest rate loan is a loan where the interest rate doesn't fluctuate during the fixed rate period of the loan. This allows...

What is a 'Waterfall Payment' A waterfall payment is a type of payment scheme in which higher-tiered creditors receive interest and principal...

What is a waiver of premium rider A waiver of premium rider is an insurance rider that waives the policyholder's obligation to pay premiums if...

DefinitionPreferred stock is a type of stock which may have any combination of features not possessed by common stock including properties of both an...

A warehouse bond is a type of surety bond that guarantees payment for goods that are stored in a bonded warehouse. The bond is...

What is the Wage Earner Plan (Chapter 13 Bankruptcy)? The Wage Earner Plan, also known as Chapter 13 bankruptcy, is a repayment plan for individuals...

What is 'Walk-Away Lease' A common type of car lease in which the lessee returns the car at the end of the...