Business / Finance / Conditional Sales Contracts: A protective guarantee that, in the event a hign yield bond is called, the issuing corporation will replace the bond with a noncallable bond of the same life and terms as the bond that is being called.
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Business / Real Estate / Sales Comparison Approach: The process of estimating the value of a property by examining and comparing actual sales of comparable properties. MORE
Business / Finance / Sales Charge: The fee charged by a mutual fund at purchase of shares, usually payable as a commission to a marketing agent, such as a financial adviser, who is thus compensated for assistance to a purchaser. It rep MORE
Business / Human Resources (HR) / Sales Compensation: A compensation system designed for individuals employed in managerial sales or sales representative positions. Individuals are paid on a commission or percentage of sale basis, in accordance with achi MORE
Business / Construction / Sales contract : A contract between a buyer and seller which should explain: (1) What the purchase includes, (2) What guarantees there are, (3) When the buyer can move in, (4) What the closing costs are, and (5) What MORE
Business / Agriculture / Sales For Local Currencies: A provision of P.L. 480 that permits a portion of commercial sales (under Title I) to be repaid in the country?€™s local currency. MORE
Business / Accounting / Sales Discount: A reduction in the selling price that is allowed if payment is received within a specified period. MORE