Financial Agreements

Alienation of Assets: Understanding Asset Disposal in Loan Agreements
The term 'Alienation of Assets' refers to the sale or disposal of assets that form the security for a loan, and it often includes restrictions in loan agreements to protect lenders.
Covenant Breach: Understanding the Implications
A comprehensive guide to covenant breaches, exploring their types, key events, mathematical models, real-life examples, and the significant impact on finance and banking.
Credit Terms: Conditions for Payment in Business Transactions
In business transactions, credit terms detail the conditions under which a company allows its customers to pay for goods and services over a defined period. Understand the various aspects including payment due dates, discounts for early payment, and other financial conditions.
Cross-Default Clause: Comprehensive Overview
An in-depth examination of the Cross-Default Clause, its historical context, types, key events, detailed explanations, and practical examples.
Deed of Arrangement: Financial Agreement between Debtor and Creditors
A Deed of Arrangement is a written agreement between a debtor and his or her creditors, registered with the Insolvency Service, to manage and compose debts or arrange the debtor's affairs.
Earn-Out Agreement: Contingent Contract for Acquisitions
An Earn-Out Agreement is a contingent contract used in acquisitions where a purchaser pays an initial amount and agrees to pay additional sums if specified criteria are met.
Irrevocability: The Quality of Being Unchangeable
An in-depth look into the concept of irrevocability, its historical context, key events, importance, and real-world applications in various fields.
Pre-Sales Commitment: Agreements to Purchase or Lease Units Before Project Completion
Pre-Sales Commitment refers to legally binding agreements to purchase or lease units within a property development project before its completion. It is a crucial factor often necessary for securing take-out loans.
Reference Bank: Definition and Importance
A comprehensive guide to understanding Reference Banks, their role in financial agreements, and their impact on variable-rate loans.
Loan Commitment: Agreement to Lend Money at Specified Terms
A Loan Commitment involves an agreement where a lender agrees to lend a specified amount of money under specified terms at a future date. This entry covers types, considerations, examples, and historical context.
Interest Rate Floor: Definition, Usage, and Applicability in Loans
A comprehensive guide on interest rate floors, their definition, application in loan products, and their significance in financial agreements.
Obligation in Finance: Legal Definition and Comprehensive Examples
Explore the legal definition of an obligation in finance, including a wide range of examples, historical context, and applicability in modern financial practices.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.