USURY LAWS
Usury laws are laws that regulate the amount of interest that may be imposed on a loaned fund or asset. The purpose of usury laws are to do away with the malpractice of excessively charging high interest rates by placing limitations on the maximum amount of interest that may be levied in a trade. Basically, usury laws are there as a security for consumers.
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Dynasty Trust
Long-term trusts made to pass wealth from one generation to another without paying transfer taxes including estate and gift taxes. The trust can su ...
C&I
Loan made to a business or company, not to an individual, which provides either working capital or finances key capital expenditures. Usually short ...
Hypermarket
Hypermarket is a combination of a department store and a grocery supermarket. A hypermarket offers various products like clothing, groceries, and a ...
Assets Under Management
The asset's market value which an investment company handles on behalf of investors. Assets Under Management (AUM) is perceived as a scale of s ...
Business Income Coverage Form
Insurance policy which covers a loss of income a firm incurs due to a slowdown or temporary suspension of its operations because if damage to its p ...
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