Bailee Definition, Types, Duties and Examples
A bailee is someone who briefly takes possession of a good or…
Lockdown Definition, Types, Purpose and Examples
Some people who own shares in a company are not allowed to…
Usance Definition, Features, Types and Examples
In international trade, usance sometimes known as tenor is the allowed duration…
Purchase Fund Definition, Types and Benefits
Some bond indentures and preferred stock have a feature called a "purchase…
Price to Research Ratio Definition and Examples
The price-to-research ratio (PRR) shows how the market value of a business…
Smart Home Introduction, Benefits and Financing Options
A smart home is an easy-to-use home setup where devices and appliances…
Exotic Option Definition, Types, Advantages and Examples
Exotic options are advanced financial contracts with unique features like path dependency…
Auto Pass Credit Card Review – Process, Features, Benefits, Advantage and Comparision
Conveniently pay for car repairs, maintenance, service, tires, wheels, parts, accessories and…
Short Tender Components, Examples and Benefits
Short tender involves selling more shares in a tender offer than owned,…
Capital Pool Company Definition, Benefits and Challenges
A Capital Pool Company (CPC) is a publicly listed company in Canada…