Tag: Financial Meaning
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Dealer
Legal Definition and Related Resources of Dealer Meaning of Dealer One who buys to sell again; one who trades in, buys or sells goods on his own account . Brown & Zortman machinery Co. v Citv of Pittsburgh, 100 A.2d 98, 375 Pa. 250. <div […]
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Economic Union
An agreement between two or more countries that allows the free movement of capital, labor, all goods and services, and involves the harmonization and unification of social, fiscal, and monetary policies….
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Discounting
Calculating the present value of a future amount. The process is opposite to compounding….
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Customs Union
Financial Definition of Customs Union Meaning of Customs Union An agreement by two or more countries to erect a common external tariff and to abolish restrictions on trade among members. Related Entries of […]
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Delivery
Legal Definition and Related Resources of Delivery Meaning of Delivery The act by which the res or substance thereof is placed within the actual or constructive possession or control of another. In the sale of goods , delivery takes place when […]
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Debt
Legal Definition and Related Resources of Debt Meaning of Debt That which is due from one person to another, whether money , goods or services; that which one person is bound to pay or perform for another. Garsson v American Diesel Engine Corp., […]
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Composition
The elements or parts as a whole that make up a thing and their relation to each other . A literary, artistic or musical production and a general structure of arrangement or style of a work of art. A contract between a debtor and his creditors by which the debtor obtains a […]
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Composition
The elements or parts as a whole that make up a thing and their relation to each other . A literary, artistic or musical production and a general structure of arrangement or style of a work of art. A contract between a debtor and his creditors by which the debtor obtains a […]
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Devaluation
Financial Definition of Devaluation Meaning of Devaluation A decrease in the spot price of the currency. International Trade Meaning and Definition of Devaluation The official lowering of the value […]
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Consumer Credit
Credit granted by a firm to consumers for the purchase of goods or services. Also called retail credit….
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Discount Rate
The interest rate that the Federal Reserve charges a bank to borrow funds when a bank is temporarily short of funds. Collateral is necessary to borrow, and such borrowing is quite limited because the Fed views it as a privilege to be used to meet short-term liquidity needs, and not a device to […]
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Competition
Financial Definition of Competence Meaning of Competence Sufficient ability or fitness for ones needs. Possessing the necessary abilities to be qualified to achieve a certain goal or complete a project. […]
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Common Market
Financial Definition of Common Market Meaning of Common Market An agreement between two or more countries that permits the free movement of capital and labor as well as goods and services. Related Entries of […]