Voluntary Exchange Voluntary exchange is willingly trading goods, services, or resources between two or more parties without coercion or force.
Silver Certificate Value A silver certificate is paper money that may be traded into silver coins when needed. The value of this certificate is called Silver Certificate Value. From 1878...
Covenant of Seisin Covenant of Seisin is a clause that guarantees or verifies the owner’s possession of the property they are transferring. This clause ensures that there will be...
Capital Preservation Capital Preservation is a method for safeguarding your financial resources by selecting protected funds or income of fixed assets that guarantee...
Severability Clauses Severability Clauses are contractual terms stating that every component of the agreement is separate from the others........
Reconveyance The exchange of capital assets that occurs after a loan is entirely paid off as well as the ground is transferred to the proprietor rid of the prior liability is known as...
Personal Representative Personal Representative is a person or entity appointed to handle the assets of a person who has died. They are agents for the property's recipients and must operate...
Conservatism Principle Conservatism Principle is a theory that entails that profit should be documented only if they are likely to occur, but all prospective costs should be acknowledged.
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...
Convenience Fee When a buyer makes an online payment, a vendor or provider charges a Convenience Fee. This fee is advantageous to the merchant...