AFFIDAVIT OF LOSS
A document which declares the physical loss of a security. It often happens through destruction in a flood/fire or theft. All details regarding the loss is enveloped on the affidavit, including the name of the owner and any information regarding the security such as the date of issuance and serial number. A letter of indemnity, which requests the replacement of the security, may be issued once the statement has been made.
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Letter of Credit
A commitment or promise letter, from a bank or importer, that is written to the seller, which guarantees the payment will be received on time and i ...
Bond Buyer 20
Average yield of 20 general obligation bonds with an AA rating and 20-year maturity. Released by The Bond Buyer, it is a poll of municipal bond tra ...
Odd Date
Odd date is a type of due date for foreign-exchange contracts. Odd dates are neither fixed nor spot dates. They are normally unrelated and random d ...
Investing Style
In stock mutual fund investing, it refers to employing one of three possible approaches, investing in growth stocks, value stocks, or a combination ...
Business Owner Policy - BOP
Insurance policies which covers protection from property and liability insurances. This insurance package collates the basic coverages a business r ...
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