SHOTGUN CLAUSE
Shotgun Clause is a buy-sell provision that allows partners in a business to offer shares to another partner at a specified price. If a partner refuses to bite the offer at the specified price, he or she must then sell his or her share to the offering party at the same price.
POPULAR TERMS
Take a Bath
Slang term for a situation in which investor sustained a huge amount of loss from an investment or speculative position. Investors experiencing thi ...
Austerity
Its main purpose is to measure the measures the government did to reduce the expenditure in an attempt to decrease their growing deficit.
Trade Surplus
Situation in which a country’s exports is higher than its imports, reflecting a net inflow of domestic currency from international markets.
Health Insurance
An insurance that pays for medical expenses incurred by the insured.
Substantial Gainful Activity - SGA
Threshold placed by the Social Security Administration to evaluate the eligibility for disability benefits. A specified dollar amount, it is update ...
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SEE FOREX TUTORIAL
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
Buying a Home: Looking for an Agent
You will need to find an agent if you want to purchase your dream house. These agents are the only ones who have access to lock box codes, which ar ...
Buying a Home: Closing the Deal
It’s almost done! With just a few steps away, the house that you have been dreaming of will be yours.
The Types of Stock
Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
What is the Standard Moving Cost?
You concluded remodeling is expensive upon considering all important factors. So you decided to move to another house instead. But, is moving less ...
