Category: Finance Law
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Finance Law
Contents of Finance Law Contents of this subject matter include: Introduction to secured finance The securities legislation in a number of jurisdictions Considerations in taking security Loan syndications Trading loan assets Alternatives to secured finance Asset finance Acquisition finance […]
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Binder
Summary of Binder A temporary, often abbreviated document evidencing that insurance coverage has been effected. A binder is an interim measure until the full policy is prepared.(Main Author: William J. Miller) Binder in International Trade Meaning of Binder, according to the […]
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Securities Markets Law
Securities Markets Law
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Aggregate
Summary of Aggregate The maximum exposure borne by an insured party under a contract of insurance during a given time period, usually one year. If, for example, a policy provides for a deductible of $ 1,000 per occurrence with an aggregate of $5,000, then once the insured party has paid out […]
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Book
Summary of Book The portfolio of insurance coverage written by an underwriter.(Main Author: William J. Miller) Book truck in Law Libraries The follow definition of Book truck is of use in law library research: A cart used to hold books before they are re-shelved, and is also used […]
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Book
Summary of Book The portfolio of insurance coverage written by an underwriter.(Main Author: William J. Miller) Book truck in Law Libraries The follow definition of Book truck is of use in law library research: A cart used to hold books before they are re-shelved, and is also used […]
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Warranty
In marine insurance contracts, either an exemption from or limitation to the policy, or a promissory warranty whereby the insured agrees to do, or not to do, some particular act. Failure to adhere strictly to a promissory warranty may invalidate a contract of insurance, whether or not the […]
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Clean Bill of Exchange
Any bill of exchange (read here for further details) not accompanied by documents, such as invoices, bills of lading, et cetera. See direct collection….
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Clean Bill of Exchange
Any bill of exchange (read here for further details) not accompanied by documents, such as invoices, bills of lading, et cetera. See direct collection….
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Warehouse Receipt
A document issued by a public warehouseman, acknowledging receipt of and title to specific merchandise held in the warehouse. Such receipts are issued in accordance with the provisions of the U.S. Uniform Commercial Code, where applicable, or the U.S. Uniform Warehouse Receipt Act. Warehouse […]
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Warehouse Receipt
A document issued by a public warehouseman, acknowledging receipt of and title to specific merchandise held in the warehouse. Such receipts are issued in accordance with the provisions of the U.S. Uniform Commercial Code, where applicable, or the U.S. Uniform Warehouse Receipt Act. Warehouse […]
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Standby Letter of Credit
A guarantee issued by a bank to a firm as security for the actions of a third party; in the event the third party does not perform specified acts (usually the payment of obligations) within a prescribed period, the beneficiary of the credit may unilaterally draw upon the letter of credit in […]
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Standby Letter of Credit
A guarantee issued by a bank to a firm as security for the actions of a third party; in the event the third party does not perform specified acts (usually the payment of obligations) within a prescribed period, the beneficiary of the credit may unilaterally draw upon the letter of credit in […]
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Shipping Documents
A general term relating to any of several documents customarily associated with the international shipment of merchandise. Among these documents are a bill of lading (or Air Waybill), Certificate Of Origin, customs or consular INVOICE, insurance certificate, DOCK receipt (qq.v.), and inspection […]
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Structural Adjustment Lending
World Bank program designed to assist developing nations with balance of payments problems resulting from correctable internal economic patterns. The program provides hard currency loans conditional upon agreement by the beneficiary country to undertake certain specified corrective measures, […]