Term of Day
Uh oh! You're not
Term of Day
+ Create New Flashcard
, liens and encumbrances, as in "free and clear piece of
." (2) To make a
, as in "the firm cleared one
Banking: To pass through a bank's
letter of credi...
You Also Might Like...
How to Void a Check - Avoid Fraud and Unauthorized ...
A check is physical, legal contract that effectively represents a promissory note to pay the amounts indicated in numeric and written values, to the payee designated in the "pay to" section. Your signature authorizes the amount indicated to be ...
Lease vs. Rent
When purchasing something is not quite possible (or desired) the option for many individuals and companies comes down to leasing or renting. While both have similarities, getting access to an asset for a limited period, there are significant ...
Capital Lease vs. Operating Lease
While leasing may seem like a relatively straight forward process, the accounting and tax treatment of leases can vary greatly depending on if a lease is considered to be capital or operating in nature. This article will help you understand the ...
How to Ace a Performance Review
Copy & paste this HTML in your website to link to this page
Mentioned in These Terms
last clear chance
clear business setting test
free and clear
clear space clause
Browse Dictionary by Letter: