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Related Definitions
Calendar Spread Calendar Spread is an option or future market method in which two functions are placed at the same time, namely long term and short term.
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...
Secondary Beneficiary When the primary beneficiary cannot collect possessions, the Secondary Beneficiary becomes the next one in order. If the primary beneficiary is not alive when the grantor dies...
LIFO Liquidation LIFO Liquidation is the process of selling older goods or commodities in a company's products at a discount. Businesses that use the Last In, First Out (LIFO) inventory approach this.
Standard Deduction A Standard Deduction is a defined amount of money that taxpayers may utilize to lower their tax liability. They have the option of taking the deduction or itemizing it.
Black Friday Black Friday is the last Friday of the month of November. This day is usually celebrated on the following day of Thanksgiving.
International Standard Book Number (ISBN) International Standard Book Number or ISBN is a unique ten or thirteen digit numeric identifier given to every published book...
Special damages Special damages are an award for damages that can be determined and documented, such as medical expenses, lost earnings, or property damage.
Punitive damages Punitive damages is an award for damages designed to punish people and organizations so that others are deterred from committing the same wrongful act. Awards for punitive damages are often several
General damages General damages are an award for damages that cannot be specifically measured or itemized, such as compensation for pain and