HEADS OF AGREEMENT
A non-binding document outlining the main issues relevant to a tentative partnership agreement. Heads of agreement represents the first step on the path to a full legally binding agreement or contract, and serves as a guideline for the roles and responsibilities of the parties involved in a potential partnership before any binding documents are drawn up.
POPULAR TERMS
Growth Accounting
Technique of assessing a set of economic techniques or theories to identify the specific factor(s) influencing an economy’s growth. Areas fre ...
Zero-Sum Game
Zero-Sum Game refers to a situation wherein the gains of a participant is another participant’s losses. The gains shall only amount to how mu ...
Character Loan
Unsecured loan based on the borrower’s reputation and/or credit history. Normally, they can obtain only small loans through this method. If t ...
Terence Conran
Founder and Chairman of Conran Holdings Ltd., London-based design firm. His career began when he worked with Rayon Centre as textile designer in 19 ...
Short-Term Investments
Short-Term Investments is an account that is composed the investments of the company that has an expiration date of one year or less. Typically, th ...
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You are one step closer to acquiring your dream house, and you want to make sure it has substantial protection against any disaster or occurrence t ...
Student Loans: Consolidating Federal Loans
If you find it difficult to monitor and pay the student loans on your own, and want to reduce your monthly payment and lengthen the repayment sched ...
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
Buying a Home: Everybody’s Goal
Since childhood, Selena has always dreamed of owning a large farm house surrounded with lots of animals – every kind of animal the world has ...
Principles of Trading: Automating Strategies
An automated trading system basically lets a computer to do the work of a trader by setting certain rules for entering and exiting trades. That com ...
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