Retention of Title Clause is a contract clause whereby a seller declares his intention to retain title or ownership over the contract goods until payment by the buyer is completed.
More from this Section
- Econometric model
Econometric model is a model whose equations are estimated using statistical procedures.
- Nondeliverable forward (NDF)
Nondeliverable forward (NDF) is a contract, similar to traditional forward contracts, but settled only in U.S. dollars; also, the foreign currency being sold ...
- Covered Interest Arbitrage (CIA)
Covered Interest Arbitrage (CIA) is the process whereby an investor earns a risk free profit by (1) borrowing funds in one currency, (2) exchanging those funds ...
- Purchasing Power Parity (PPP)
Purchasing power parity (PPP) theory, which attempts to quantify the inflation- exchange rate relationship.
- Smithsonian Agreement
Smithsonian Agreement— conference between nations in 1971 that resulted in a devaluation of the dollar against major currencies and a widening of ...
Interest-sensitive is a bank asset or liability item that can be reprised as market interest rates changes.
- Savings deposits
Savings deposits is the interest-bearing funds left with banks for a period of weeks, months, or years (with no minimum required maturity under U.S. regulations.