Tag: sale

How to Celebrate a Successful Business Sale

Celebrating a successful business sale motivates your staff and lets them know how important they are to the business's success. However, there are countless...

Immediate Credit

What is 'Immediate Credit' The Federal Reserve practice of "clearing" checks deposited by member banks on the same day they're deposited. This...

Implied Warranty

DefinitionIn common law jurisdictions, an implied warranty is a contract law term for certain assurances that are presumed to be made in the sale...

National Market System (NMS)

What is a 'National Market System - NMS' A national market system (NMS) is a system with two main functions: ...

Offline Debit Card

What is 'Offline Debit Card' A card that combines characteristics of both a traditional (online) debit card and a credit card, allowing...

Manufactured Housing (MH)

What is 'Manufactured Housing - MH' A housing unit constructed primarily off-site prior to being moved to a piece of property where...

Mortgage Loan

DefinitionA mortgage loan, or simply mortgage, is used either by purchasers of real property to raise funds to buy real estate, or alternatively by...

Management Buy-In (MBI)

What is a 'Management Buy-In - MBI' A management buy-in (MBI) is a corporate action in which an outside manager or management...

Absentee Owner

What is 'Absentee Owner' An individual who owns a piece of real estate but does not live in it. An absentee owner...

Absolute Auction

What is 'Absolute Auction' A type of auction where the sale is awarded to the highest bidder. Absolute auctions do not have...

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