SIGNATURE GUARANTEE
Signature guarantee is a form of authentication. Banks and other financial institution issue them as verification of the legitimacy of a signature and thus the signatory’s request. Signature guarantees are most often used in instances that involve the transfer of financial instruments where most guarantors are willing to accept any and all consequence in the event of fraudulent signature.
POPULAR TERMS
Mutual Exclusion Doctrine
A reciprocal agreement between federal and state and local taxing bodies that mandates mutual exclusion in taxation. The interest earned on federal ...
Stockbroker
1. Company serving as an agent on behalf of its client, charging a commission to the customer for rendering its services.
2. Agent which ...
Cascade Tax
Tax imposed on a good at every production process until it is being sold to the end user. This turnover tax has each successive transfer being taxe ...
Electronic Check
Payment form via the internet designed to perform the same function as a traditional paper check. Since it is in electronic format, it gives greate ...
KGS
Currency abbreviation for Kyrgyzstan (also called Kyrgyz Republic). A fraction of a som is a tiyin, the functional equivalent of a US cent. The pap ...
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Analysts and investors look at the working capital and its trends to measure a company’s financial performance. This metric determines a busi ...
Featured Investment: Annuity
Featured Investment: Annuity
Investments are what trading is all about. And knowing about the various a ...
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