ESCROW AGREEMENT
Legal document stating the terms and conditions between parties involved in an escrow. One party deposits the assets or securities with the third party called an escrow agent. Then, the agent will deliver the asset to another party if and when the indicated conditions of the contract have been fulfilled.
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Tendency of a price to climb easily but is resistant to downward movement. An extension of price stickiness, this may occur because of imperfect in ...
SaaS
Software as a service (SaaS) is a software licensing model. This software uses the subscription system in giving access as it is in external server ...
Core Capital
Minimum amount of capital a thrift bank must have, in compliance with the Federal Home Loan Bank regulations. It is comprised of equity capital and ...
Michael L. Eskew
Retired Chairman and Chief Executive Officer of United Parcel Service, Inc. from 2002 to 2007. The company offers specialized transportation and lo ...
Commercial Credit
Pre-approved amount of money issued by a bank to a firm, which is accessible at any time to help comply with financial obligations. It is commonly ...
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