Category: Finance Law
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Interpleader
Interpleader in United States Interpleader Definition At Common Law. A proceeding In the action of detinue, by which the defendant states the fact that the thing sued for is in his hands, and that it is claimed by a third person, and that whether such person or the plaintiff is entitled to it […]
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Interpleader
Interpleader in United States Interpleader Definition At Common Law. A proceeding In the action of detinue, by which the defendant states the fact that the thing sued for is in his hands, and that it is claimed by a third person, and that whether such person or the plaintiff is entitled to it […]
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Life Insurance
Life Insurance in United States Life Insurance Definition A contract of Insurance wherein the insurer agrees to pay a specified sum (according to the definition of Life Insurance based on the Cyclopedic Law Dictionary) in the event of the death of a particular person, if it occurs at a time […]
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Resolution Trust Corporation
Resolution Trust Corporation in the United States The Resolution Trust Corporation (RTC) was the government agency created to salvage what it could from the Savings & Loan crisis of the late 1980s. The RTC has been dissolved; its responsibilities were transferred to the Savings Association […]
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Mortgages
Mortgages in the United States Legal Materials A mortgage is a loan secured by real estate. You can figure a monthly mortgage payment (i.e., do amortization calculations) at Bankrate.com. For mortgage rates, see Interest Rates in this legal Encyclopedia. For search and retrieve copies of […]
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Deceptive Practices
Unfair And Deceptive Practices in the United States Unfair Acts or Practices The Dodd-Frank Act prohibits conduct that constitutes an unfair act or practice. An act or practice is unfair when: It causes or is likely to cause substantial injury to consumers; The injury is not […]
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Insurance
Insurance in the United States Insurance Definition A contract whereby, for an agreed premium, one party undertakes to indemnify the other against loss on a specified subject by specified perils. The party agreeing to make the indemnity -according to the definition of Insurance based on The […]
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Federal Deposit Insurance Corporation
Federal Deposit Insurance Corporation (FDIC) in the United States Introduction to Federal Deposit Insurance Corporation Federal Deposit Insurance Corporation (FDIC), independent agency of the United States government created in 1933 under a section of the Federal Reserve Act to insure […]
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Federal Deposit Insurance Corporation
Federal Deposit Insurance Corporation (FDIC) in the United States Introduction to Federal Deposit Insurance Corporation Federal Deposit Insurance Corporation (FDIC), independent agency of the United States government created in 1933 under a section of the Federal Reserve Act to insure […]
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Bonds
Bonds in the United States Bonds in this Section Bond How Bonds Work Types of Bonds Issuing of Bonds Investing in Bonds Corporate Bonds The Bond Market Bonds in the American Encyclopedia of Law Bonds Municipal Bonds Chemical Bonds BondsBloomberg Bonds (Forfeitures) This section introduces, […]
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Interest Rates
Interest Rates in the United States Legal Materials The Bank Rate Monitor posts current interest rates for U.S. mortgages, home equity loans, bank CDs, credit cards and consumer loans based on surveys of lending institutions. Most data can be viewed nationally or by city/region. Consumer […]
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Interest Rates
Interest Rates in the United States Legal Materials The Bank Rate Monitor posts current interest rates for U.S. mortgages, home equity loans, bank CDs, credit cards and consumer loans based on surveys of lending institutions. Most data can be viewed nationally or by city/region. Consumer […]
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Dishonor
Dishonor in United States Dishonor Definition A term applied to the nonfulfillment of commercial engagements. To dishonor a bill of exchange or a promissory note is to refuse or neglect to pay it at maturity. The holder is bound to give notice to the parties to such instrument of its […]
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Dishonor
Dishonor in United States Dishonor Definition A term applied to the nonfulfillment of commercial engagements. To dishonor a bill of exchange or a promissory note is to refuse or neglect to pay it at maturity. The holder is bound to give notice to the parties to such instrument of its […]