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 […]


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 For mortgage rates, see Interest Rates in this legal Encyclopedia. For search and retrieve copies of […]


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 […]

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 […]


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, […]


Securities in the United States Definition of Securities Stock certificates, bonds, or other instruments of value that are used in regular channels of commerce. They are evidenced of a secured indebtedness or the right to return of money. (Revised by Ann De Vries) For mored definitions, […]

Banking Regulations

Banking Regulations in the United States History: State and Private Attempts at Reform During the free banking era of 1837-1863 the federal government divorced itself from almost all attempts to regulate the banking system. Following the demise of the Second Bank of the United States in […]

Prepaid Cards

Prepaid Cards in the United States A prepaid card is a card that the holder uses to access money that is loaded onto the card in advance. There are different types of prepaid cards. With most cards, the holder of the card can spend the money on the card for daily expenses or withdraw cash […]


Banking in the United States Legal Materials U.S. BANKING Federal banking laws, regulations, etc. are compiled in the CCH Federal Banking Law Reporter. The Banking statutes for each state are published in Volume 7 of The Law of Financial Services, and in each state’s statutes set (see […]


Endorsement in United States Practical Information Note: Some of this information was last updated in 1982Writing one’s name, either with or without additional words, on a negotiable instrument (in U.S. law) or on a paper (called an allonge (in U.S. law)) attached to it. By an endorsement, the […]


Agent in United States Agent Definition (Lat. agens, from agere, to do). One who undertakes p transact some business, or to manage some affair, for another, by the authority and on account of the latter, and to render an account of it. 1 Livermore, Ag. 67; 2 Bouv. Inst. 3. The term is one of […]