Tag: seller
Implied Contract Terms
What are 'Implied Contract Terms' Implied contract terms are items that a court will assume are intended to be included in a...
In Escrow
What does 'In Escrow' mean In escrow is an item such as money or a piece of property that has been transferred...
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...
Naked Put
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...
Real Estate Short Sale
What is a 'Real Estate Short Sale' A real estate short sale is any sale of real estate that generates proceeds that...
Rain Check
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...
Sale and Repurchase Agreement (SRA)
What is 'Sale and Repurchase Agreement - SRA' An open market operation, implemented by the central Bank of Canada, that is designed...
Sales And Purchase Agreement (SPA)
What is a 'Sales And Purchase Agreement - SPA' A sales and purchase agreement (SPA) is a legal contract that obligates a...
Short Selling
DefinitionIn finance, a short sale is the sale of an asset that the seller does not own. The seller effects such a sale by...
Back-To-Back Letters Of Credit
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...