Tag: provisions
Keepwell Agreement
What is a Keepwell Agreement
A Keepwell Agreement is a contract between a parent company and its subsidiary stating that the subsidiary will not be...
Major Fraud Act Of 1988
What is 'Major Fraud Act Of 1988' A piece of legislation passed during the Reagan administration that modified and strengthened previous fraud...
Cancellation Provision Clause
What is 'Cancellation Provision Clause' It is a provision in an insurance policy that permits an insurer or an insurance company to...
Call Provision
What is a 'Call Provision' A call provision is a provision on a bond or other fixed-income instrument that allows the original...
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...
Fair And Accurate Credit Transactions Act (FACTA)
What is 'Fair And Accurate Credit Transactions Act - FACTA' A U.S. resolution passed in 2003 that is aimed at enhancing protection...
Federal Deposit Insurance Corporation Improvement Act (FDICIA)
What is 'Federal Deposit Insurance Corporation Improvement Act - FDICIA' Passed in 1991 at the height of the Savings and Loan Crisis...
Waiver Of Inventory Clause
Waiver Of Inventory Clause What is 'Waiver Of Inventory Clause ' A clause in an insurance policy that says that the...
Gate Provision
What is 'Gate Provision' A restriction placed on a hedge fund limiting the amount of withdrawals from the fund during a redemption...
Glass-Steagall Act
DefinitionThe Glass–Steagall legislation describes four provisions of the U.S.A Banking Act of 1933 separating commercial and investment banking. The article 1933 Banking Act describes...