Severability Clauses Severability Clauses are contractual terms stating that every component of the agreement is separate from the others........
Levered Free Cash Flow The amount of money left over after a firm has met all of its recurrent financial commitments are referred to as Levered Free Cash Flow. These responsibilities encompass both short-term and long-term...
Reverse Mortgages Reverse Mortgage is basically a mortgage loan that enables homeowners to borrow money from lenders against the equity of their home.
Joint and several liability Joint and several liability rule under which several parties may be responsible for the injury, but a defendant who is only slightly
Underachiever Underachiever is a person who fails to meet the level of achievement expected of her. Sometimes used in the field of education to describe someone who doesn't try hard enough
Overachiever Overachiever is a person who exceeds the level of achievement expected of her. Sometimes used in the field of education to describe someone who tries too hard
Reverse auction Reverse auction refers to allows individual buyers to enter the price they will pay for particular items at eh purchasing agent’s web site, and sellers can agree or not.
Leverage or trading on the equity Leverage or trading on the equity is a firm takes advantage of the sound market reputation of its common stock to sell bonds. The fixed capital thus obtained is used to improve company operations and earn back a greater return than the interest rate the company pays.
Reverse causation Reverse causation is a situation in which one variable is said to cause another variable, when in reality the reverse is true.
Reverse repo Reverse repo is an arrangement whereby the Fed sells securities and the buyer agrees to sell them bank to the Fed in the near future; sometimes called a reserve repo.