Search results for: “cash price”
-
Market Price
The price at which a seller is ready and willing to sell and a buyer is ready and willing to buy in the ordinary course of trade . The actual price at which a given commodity is currently sold or has recently been sold in the open market , that is, not a forced sale…
-
Price
Legal Definition and Related Resources of Price Meaning of Price The consideration given in exchange or sale of anything. May be treated as equivalent to reward, value , estimation, equivalent or even cost. The rate of exchange estimated by […]
-
Cash Equivalency Analysis
Concept of Cash Equivalency Analysis in the context of Real Property A short definition of Cash Equivalency Analysis: An appraisal technique by which the price of comparable properties selling at different financing terms are adjusted to find market value. The theory is that terms less […]
-
Cash Discount
A reward for prompt payment which is a trade practice long established and recognized as not being a deduction from purchase price. Peacock Canning Co. v Commodity Credit Corp., (C.A.D. C.) 185 F.2d 894.
-
Cash Transaction
A transaction where exchange is immediate, as contrasted to a forward contract, which calls for future delivery of an asset at an agreed-upon price….
-
Accounts receivable financing
A method of receiving ready cash for one’s accounts receivable before they are payable. Assume that a business enterprise is owed $10,000, payable ninety days in the future. It could make good use of that $10,000 now, perhaps to buy for a good cash price more goods to sell during a busy […]
-
Long Hedge
The purchase of a futures contract(s) in anticipation of actual purchases in the cash market. Used by processors or exporters as protection against an advance in the cash price. Related: Hedge, short hedge…
-
Convergence
The movement of the price of a futures contract toward the price of the underlying cash commodity. At the start, the contract price is higher because of the time value. But as the contract nears expiration, the futures price and the cash price converge….
-
Actual
Real; existing presently in act; as in actual possession as distinct from constructive possession. In legal phraseology the word excludes what is fictitious or supposed; having reference to something completed, or being in existence now. Actually is opposed to seemingly, pretendedly or […]
-
Actual
Real; existing presently in act; as in actual possession as distinct from constructive possession. In legal phraseology the word excludes what is fictitious or supposed; having reference to something completed, or being in existence now. Actually is opposed to seemingly, pretendedly or […]
-
Basis
Fundamental principle; the foundation of any reasoning. Within the tax law, a term of art for the cost of property, which generally includes mortgages assumed. See Internal Revenue Code§ 167(9).
-
Bond
Legal Definition and Related Resources of Bond Meaning of Bond A contract under seal to pay a sum of money ; a contract under seal acknowledging a debt, present or future. This is a single bond. A double bond is one where there is a condition […]
-
Market
Legal Definition and Related Resources of Market Meaning of Market A public place of commercial activity where goods are bought and sold. A public time and appointed place of buying and selling; also purchase and sale. In the stock market, the […]
-
Paper
Money market instruments, commercial paper and other….
-
Charge
Charge in Law Enforcement Main Entry: Law Enforcement in the Legal Dictionary. This section provides, in the context of Law Enforcement, a partial definition of charge. Grammar This term is a noun. Etimology of Charge (You may find charge at the world legal encyclopedia and the etimology of […]