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Severability Clauses Severability Clauses are contractual terms stating that every component of the agreement is separate from the others........
Bin Number The full form of BIN Number is Bank Identification Number and it represents the first four to six digits of a payment method.
Subjective Probability The possibility of something occurring solely from one person's perspective or opinion is referred to as Subjective Probability. It varies from individual to individual...
Compound Probability The possibility of two or additional incidents coinciding is referred to as Compound Probability. Independent occurrences happen when the result of one event...
Merger Arbitrage Merger Arbitrage, also called “Risk Arbitrage,” is an investing approach that seeks to benefit from effective acquisitions and takeovers.
Treasury bill A loan to the U.S. Treasury, typically with a maturity date of three or six months. Often called a T-Bill.
Strict product liability Legal liability concept that holds manufacturers responsible for injuries caused by products, regardless of whether negligence was
Profitability ratio Profitability ratio measure of a firm’s financial performance that compares earnings to sales or investments. Two common profitability
Minority-Enterprise Small-Business Investment Company (MESBIC) Minority-Enterprise Small-Business Investment Company (MESBIC) is a small-business investment company owned and operated by minority-group members; established industrial or financial concerns,
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