Tag: seller

What are 'Implied Contract Terms' Implied contract terms are items that a court will assume are intended to be included in a...

What does 'In Escrow' mean In escrow is an item such as money or a piece of property that has been transferred...

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

How to Profit From Naked Puts and Call Options A naked put is an option contract in which the writer of the option does not...

What is a 'Real Estate Short Sale' A real estate short sale is any sale of real estate that generates proceeds that...

What is a rain check and how can it be used A rain check is a document that allows the bearer to purchase an item...

What is 'Sale and Repurchase Agreement - SRA' An open market operation, implemented by the central Bank of Canada, that is designed...

What is a 'Sales And Purchase Agreement - SPA' A sales and purchase agreement (SPA) is a legal contract that obligates a...

DefinitionIn finance, a short sale is the sale of an asset that the seller does not own. The seller effects such a sale by...

What are 'Back-To-Back Letters Of Credit' Back-to-back letters of credit consist of two letters of credit (LCs) used together to finance a...