Tag: Financial Dictionary
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Partnership
The relation subsisting between two or more persons who have contracted together to share as common owners the profits of a business carried on by all or any of them on behalf of all of them, Shumaker, Partnership, 2. Elements : The essential elements of a partnership are (1) a contract […]
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Paper
Money market instruments, commercial paper and other….
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Prices
Price of a share of common stock on the date shown. Highs and lows are based on the highest and lowest intraday trading price….
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Noise
Financial Definition of Noise Meaning of Noise Price and volume fluctuations that can confuse interpretation of market direction. Synonyms of Noise noun ado blare blatancy […]
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Offer Price
See: offer….
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Outsourcing
Financial Definition of Outsourcing Meaning of Outsourcing The practice of purchasing a significant percentage of intermediate components from outside suppliers. International Trade Meaning and Definition of […]
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Perpetuity
That which lasts forever. In a technical sense, the term denotes limitations of contingent future interest which may or will not vest beyond the period prescribed by the rule against perpetuities. See perpetuities, rule against .
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Premium
A consideration ; a reward for an act done; a bounty or bonus . Also, the annual or periodic payment made by an insured to the insurer in consideration of the insurer issuing the policy of insurance or renewing the same.
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Open Account
A running or unsettled account. …
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Offer
A promise or a proposal made by one party to another intending the same to create a legal relationship upon the acceptance thereof by the other party. An offer, in this sense, is an essential ingredient for the formation of a contract . See Contract.
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Offer
A promise or a proposal made by one party to another intending the same to create a legal relationship upon the acceptance thereof by the other party. An offer, in this sense, is an essential ingredient for the formation of a contract . See Contract.
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Novation
The renewal or remaking of an existing obligation with the express or implied assent of the obligee. A mutual agreement among all parties for discharge of a valid existing obligation by substitution of a new valid obligation by a debtor or another. See Edward Petry & Co. v […]
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Negative Amortization
A loan repayment schedule in which the outstanding principal balance of the loan increases, rather than amortizing, because the scheduled monthly payments do not cover the full amount required to amortize the loan. The unpaid interest is added to the outstanding principal, to be repaid later….