A method of payment for goods in which the buyer pays the seller in advance of the shipment of goods. Usually employed when the goods, such as specialized machinery, are built to order.
An expression used to describe the market in the underlying instrument (for example, shares,.
Deals on an exchange where investors are obliged to settle immediately rather than on.
The value of funds returnable to the insured from the insurer upon the surrender of a cash value.
A life insurance policy which pays a benefit on the death of the insured but which also provides a.
A method of payment for goods in which cash is paid at the time of order and the transaction becomes binding on both buyer and seller.
A financial ratio which shows how long a company has to finance its own stocks for. It measures.
A sales incentive, commonly used on mortgages, which gives customers a cash sum as soon as the deal.
To abandon a ship at sea; to place people in a ship's boat or raft and leave them.
Insurance which gives protection to a business or homeowner against property loss, damage and injury.
Cat standards signify that a financial product meets certain standards on Charges, Access and.