Tag: transaction

What is 'Offshore Portfolio Investment Strategy - OPIS' A tax shelter product designed to create large, seemingly real losses to be used...

What is a 'Management Buyout - MBO' A transaction where a company’s management team purchases the assets and operations of the business...

What is 'Abusive Tax Shelter' An investment scheme that claims to reduce income tax without changing the value of the user's income...

What is 'Real Estate Settlement Procedures Act - RESPA' This act was designed to protect potential homeowners and enable them to become...

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...

What is 'Sandwich Lease' A lease in which a party rents property from the property owner and then subsequently leases it out...

Blockchain Blockchain is a public ledger that contains all the transaction done in Bitcoin that have been executed till date. Since there are...

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...

What is 'Calculation Agent' An entity that determines the price of an investment product such as a swap. A calculation agent calculates...