ABANDONMENT VALUE
This is the value of an asset or a project if it will be sold or liquidated immediately. The abandonment value of a property or an asset might be different because of several reasons such as the implied fair value appraisals conducted and made by professional and certified appraisers, the supply and demand factors, and liquidity.
It is also called as the asset’s liquidation value.
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Certificate of Origin - CO
Document declaring the country where a commodity or good was produced. It contains information on the product’s destination and country of ex ...
SEC Form N-8A
SEC Form N-8A is also referred to as the Notification of Registration Filed Pursuant to Section 8(a) of the Investment Company Act of 1940. This me ...
Credit Event
Sudden and tangible change in a borrower’s credit standing or drop in credit rating. Such event questions the borrower’s capacity to pa ...
Alternative Dispute Resolution
The count of disparate processes by insurance companies in resolving claims and disputes. ADR is used to avoid expensive and consuming litigation a ...
HNL
The abbreviation for the currency of Honduras, Honduran Lempira.
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