A bill of exchange is a written order binding one party to pay a fixed …
Tag:
definition
-
-
What Is Blue Collar? The term blue collar is used to describe workers who perform …
-
What Is the Efficient Market Hypothesis (EMH)? The efficient market hypothesis (EMH), alternatively known as …
-
What Is an Economic Recovery? Economic recovery is the business cycle stage following a recession …
-
What Is a Proxy? A proxy is an agent legally authorized to act on behalf …
-
What Is the Interest Equalization Tax (IET)? The interest equalization tax (IET) was a federal …
-
What Is Prime Cost? Prime costs are a firm’s expenses directly related to the materials …
-
What Is Cash-on-Cash Yield? Cash-on-cash yield is a basic calculation used to estimate the return …
-
What Is a Confidentiality Agreement? A confidentiality agreement is a legal agreement that binds one …
-
What Is Copyright Infringement? Copyright infringement is the use or production of copyright-protected material without …
-
What Is Nixon Shock? Nixon Shock is a term that refers to the aftereffect of a set …
-
What Is Invested Capital? Invested capital is the total amount of money raised by a …
-
What Is Notional Principal Amount? The term notional principal amount refers to the predetermined dollar …
-
What Is Yield To Call? Yield to call (YTC) is a financial term that refers …