Business Terms

Contract Employment: An Overview
Contract employment involves a written agreement that stipulates the conditions and duration of employment, providing more security but often less flexibility.
Incoterms: Standardized Trade Terms Used Globally
Incoterms, or International Commercial Terms, are a set of standardized trade terms that are used globally to define the responsibilities of buyers and sellers in the international shipment of goods.
Sale or Return: Terms of Trade
A comprehensive guide to the Sale or Return terms of trade, including definitions, types, historical context, examples, related terms, and more.
Term Sheet: Non-Binding Agreement Overview
A detailed guide to understanding term sheets in investment and finance, outlining their primary terms and significance.
Commitment: Definition and Applicability
Commitment refers to a promise or pledge made by one individual to another, often legally binding, involving obligations or performance of certain acts.
Drop Dead Date: An Absolute Deadline
A Drop Dead Date is a critical deadline that must be met to ensure the usefulness of a report or results; Missing this date renders the deliverables obsolete.
EOM Dating: Billing Arrangement
EOM Dating is a billing arrangement whereby all purchases made through the 25th of a given month are payable within 30 days of the end of the following month.
Affiliate: Definition in Corporate, Securities, and Markets
Understanding the term 'affiliate' in the context of corporate relationships, securities, and market regulations. Explore its implications, types of affiliations, and relevant examples.

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