OFFTAKE AGREEMENT
This kind of agreement is commonly used in natural resource development, in which the capital costs to extract the resource is important, and the company needs an assurance that some of its product will be sold. Companies may normally back out of an off take agreement over negotiations with other parties and with the payment of a fee.
POPULAR TERMS
Affirmative Covenant
A kind of contract or promise that requires a party to conduct some action. For example, a bond covenant which provides that the issuer must delive ...
Pure Risk
A risk where loss is the only potential outcome; there is no positive result. A pure risk is related to events that are out of control of the risk- ...
Efficiency
Performance level describing a process which uses the lowest amount of inputs to come up with the greatest amount of inputs. It is relative to usin ...
Tax Free
Goods and/or financial products that are not taxable. Having the tax free status allows an entity to save money and encourages additional spending ...
Reprice
A situation that is most often allowed for company executives or high-level employees. It permits them to trade in their options that out of the mo ...
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Macroeconomics: Basic Concepts
The concepts involved in macroeconomics focus on three fields, including national output and income, unemployment, and inflation and deflation. The ...
An Introduction to Insurance
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“How does inflation affect my investments?”
Most investors ask this question, particul ...
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| Time | Country | Indices | Period |
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| 02:01 | Rightmove House Prices | Mar | |
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| 14:30 | Consumer Price Index Core | Feb |


