ConsigneeA consignee is the person off a piece of which he/she retains offered
Industrial PaperThis is actually an excellent promissory note (IOU) which is unsecured by equity, which will getting due from inside the 270 weeks otherwise reduced.
ConsignorA consignor is actually a person who delivers an item in order to an excellent consignee (find past) on the market. Consignors hold ownership off affairs consigned.
Handling InterestUsually writing about shareholders, these are anyone who has far more inventory, or the inventory is much more valuable, as compared to most other investors. For this reason, they may be able manage this new deals out-of a certain, organization's inventory.
Convertible Term InsuranceIf a person has insurance you to definitely ends after a stipulated period of time, he/she will be able to "convert" it so you can entire insurance, and this lasts for this new insurer's lifetime.
CorporationA organization is a large, business entity that always has several hundred professionals. This provider entity is obviously bigger than a best proprietorship and you will constantly larger than a pals.
CosignerA cosigner takes on your debt (intends to pay) of an individual regarding the introduction your borrower do not otherwise does not spend the money for financial obligation.
Covenant never to CompeteA covenant is a proper, joining agreement, very a good Covenant never to Vie ensures that a business entity believes not to ever distance themself money (relating to selling an identical items) off an alternative business entity.
Coverdell Degree Savings account (Coverdell ESA)Coverdell Education Discounts Profile are specific profile that will get most taxation levied to them in case your people who own such as for instance levels manage perhaps not stick to the laws.
Credit HistoryThis declaration lists the days one to a single or organization entity have applied for, obtained, and/otherwise might have been denied to have credit.