Legal Separation Legal Separation is an option to stay married for those who can't live jointly anymore but wouldn't want to discontinue their marriages
Principal Curtailment The practice of allocating cash to lower the current due principal amount of the first new mortgage is known as Principal Curtailment.
Combat Pay Combat Pay is a payment given to members of military services working in areas known as hazard zones. Although state pension and federal tax rates are subtracted...
Exculpatory Clause The clause in a contract that prevents one entity from liabilities is known as an Exculpatory Clause. It is a contract that protects one entity from being punished...
Delivered Duty Paid (DDP) Shipping Delivered Duty Paid (DDP) Shipping refers to the costs and charges the seller must bear when the ordered products are delivered to the customer's hands.
Positive Pay Positive Pay is an automated system solution to manage cash and working capital that financial institutions like banks and insurance companies use to prevent check counterfeiting.
Social Payment Social Payment refers to the use of online social networks to send money to another person or company. Individuals and companies can utilize current services or build their own...
Max Pain Max Pain refers to a circumstance where the stock value contracts onto an alternative strike price, since it approaches expiration, resulting in financial deficits...
Accounts Payable Accounts Payable is the phrase used when a company buys something on credit and has to pay it back quickly. It is a short-term debt that falls under the umbrella of Current Liabilities.
Ceteris Paribus Ceteris Paribus is a term used in a hypothetical situation to help explain or theorize a certain change where the aim is to isolate one or two variables...
Definition
[ n.]