Tag: Finance Terms
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International Monetary Fund
Financial Definition of International Monetary Fund Meaning of International Monetary Fund An organization founded in 1944 to oversee exchange arrangements of member countries and to lend foreign currency reserves to members with short-term […]
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International Monetary Fund
Financial Definition of International Monetary Fund Meaning of International Monetary Fund An organization founded in 1944 to oversee exchange arrangements of member countries and to lend foreign currency reserves to members with short-term […]
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Liquidation
Legal Definition and Related Resources of Liquidation Meaning of Liquidation process by which the affairs of a debtor are wound up leading to the settlement of financial accounts by converting assets into cash for distribution to creditors, […]
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Money Market
Money markets are for borrowing and lending money for three years or less. The securities in a money market can be U.S.government bonds, treasury bills and commercial paper from banks and companies….
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Liquid Asset
Asset that is easily and cheaply turned into cash – notably cash itself and short-term securities….
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Liquid Asset
Asset that is easily and cheaply turned into cash – notably cash itself and short-term securities….
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Lien
A charge upon property of another either real or personal as security for the payment of a debt or performance of a duty in priority to the general debts of the owner . A tie that binds property to a debt or claim for it; satisfaction , as a right to possess and retain […]
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Lien
A charge upon property of another either real or personal as security for the payment of a debt or performance of a duty in priority to the general debts of the owner . A tie that binds property to a debt or claim for it; satisfaction , as a right to possess and retain […]
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Merchandise
Goods , commodities and wares as are ordinarily the objects of trade and commerce , whether sold wholesale or retail . The term is inappropriate to refer to realty .
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Joint Account
The rule that where two or more persons advance money and take the security to themselves jointly, each is in equity deemed to be separately entitled to his proportion of the money, so that on his death it passes to his personal representatives and not to his surviving co-lenders, made it […]
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Limited Liability
Limitation of possible loss to what has already been invested….
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Indenture
A deed between two parties drawn so that the edges are indented for the purpose of making identification of the various parts easier. See Bowen v Beck, 94 N. Y. 86. It was a practice to cut the top of the first page or sheet in a toothed or waving line. This was usually done…
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Indenture
A deed between two parties drawn so that the edges are indented for the purpose of making identification of the various parts easier. See Bowen v Beck, 94 N. Y. 86. It was a practice to cut the top of the first page or sheet in a toothed or waving line. This was usually done…
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Invoice
An itemized account in writing sent to a purchaser by the seller of merchandise .
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Invoice
An itemized account in writing sent to a purchaser by the seller of merchandise .