Quasi-Contract Quasi-contract is a contractual arrangement between two sides who have never prior established duties to one another. The judicial process.......
Transfer of Death (TOD) Account Transfer-on-death (TOD) Account applies to designated beneficiaries who acquire properties without having to go through probate when the owner of the property dies...
Voidable Contract A Voidable Contract is a written agreement between the two parties that may be deemed invalid for a variety of legal grounds. Whenever an agreement is voidable...
Backward Integration Backward Integration refers to the process through which a corporation buys or joins with other companies that produce the raw materials it needs to make its final outcome.
Writ of Attachment The Writ of Attachment is a warrant issued that allows a plaintiff to attach or take the property of an adversary while the legal matter is being resolved.
Abstract of Title An Abstract of Title, also known as a Title Abstract, is a succinct summary of the numerous acts that impact the possession of a unit of property.
Account Summary Account Summary is a document that summarizes financial accounts for a specified period, which is often monthly, quarterly, annually or even other custom terms.
Plowback Ratio The Plowback Ratio is a fundamental and technical metric that determines how so much profit is kept after payouts have been paid out. “Retention Ratio” is the most common name...
Brokerage Account A Brokerage Account is used to purchase and sell assets such as stocks, securities, and collective investment schemes. Similar to a bank, one can move the money in or out...
Backorder Backorder is a kind of order in business that indicates that the desired product a customer wants is out of stock right now but he/she can place an order for when it's restocked.
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