LIVING WILL
A legal document that specifies what an individual (principal) does or does not want should he or she becomes terminally ill or incapable of communicating his or her wishes. This document is written while the principal or testator is alive. It usually sets out the principal’s wishes on the medical care and degree of medical intervention. Most states in the US will accept living wills although these are considered insufficient in some cases.
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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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