CROWN LOAN
Demand loan with no maturity date. Normally made by a wealthy parent or grandparent, the loan is named after American industrialist and philanthropist Henry Crown, the first individual who used this type of loan. Borrowers can invest the borrowed funds and pay lower income taxes since they belong to a lower tax bracket.
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Nonsegregated Disclosures
Information that must be presented legally anywhere in a lease agreement. These are required by the Federal Reserve Board Regulation M. The lease a ...
Product Line
A series of related products which are all made or manufactured by the same company.
Behavioral Economics
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A theory stating the emerging domestic industries must be protected against foreign competition until they become established and mature. In econom ...
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