LICENSING AGREEMENT
A written agreement entered by the contractual owner of a property or activity, that allows the licensee to use or engage in an activity in relation to the said property. The property can be real, intellectual, or personal. There are some considerations, laid out in the contract, between the licensor and the licensee. Also, it specifies the scope of the licensee and whether it is exclusive or nonexclusive. It may be intangible, but the agreement is of significant importance in industries like technology, publishing, and biotechnology.
POPULAR TERMS
Liquidated Damages
The provision in a written agreement or legal contract that allows paying the total amount of compensation in the event a party breaches some part( ...
Uptrend
Uptrend is the general upward direction of a financial assets’ price movement. If the successive peak and trough is higher than the previous ...
Dogecoin
Decentralized, peer-to-peer open source virtual currency under the category of altcoins. Introduced in 2013, the cryptocurrency’s logo is a S ...
Debt Relief
The reorganization of debt in any shape or form, so as to provide the indebted party with a measure of relief, either fully or partially, from a hu ...
International Currency Exchange Rate
Rate at which two currencies can be converted to another. It reflects the amount of one unit of a currency that can be exchanged for another curren ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
Retirement Planning: Last-Minute Preparation
The road to comfortable and enjoyable retirement is not an easy road. You will experience some challenges along the way as you save up for your gol ...
A Guide to Your Personal Income Tax: Basics
For many filing your personal income tax is one of the most frustrating things to do. However, by planning ahead and pacing yourself, doing your ta ...
Introduction to Inflation
I asked my grandparents about the cost of living during World War II. They told me people during that period could buy a house for $5,000, a car fo ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | ANZ Commodity Prices | Sep | |
| 02:30 | Tertiary Industry Index | Sep | |
| 02:30 | PMI Composite | Sep | |
| 07:00 | Consumer Confidence | Sep | |
| 09:15 | PMI Services | Sep | |
| 09:15 | Composite PMI | Sep | |
| 09:45 | PMI Services | Sep | |
| 09:45 | PMI Composite | Sep | |
| 09:50 | PMI Services | Sep |
