the age that is usually taken as 14 years old and is when is considered old enough to choose their own guardian.

Getting full rights at the age of 18. Refer to legal age.

This applies to any child who is under 7 years of age.

The age of 18 when a person is considered able to know right from wrong. They are considered an adult now. Refer to legal age.

A suggestion of nonage, made by an infant party to a real action , with a prayer that the proceedings may be deferred until his full age. It is now […]

The appropriate age for a person to be a director. Usually not limit is placed.

Assuming women live longer than men. This means they will pay more premiums and thusly a discount is given for this.

When older members give more contributions. The younger employee will have the same retirement as the older as interest is added.

ASSETS held for resale by a BANK or SECURITIES FIRM that have been owned for a long period of time (i.e., many months). Aged assets may indicate misvaluation.

A FAILTO RECEIVE or FAILTO DELIVER between two parties that is not settled within 30 days. In most instances the party expecting to receive securities must remove the entry from […]

A relation, created either by express or implied contract or by law, whereby one party (called the principal or constituent ) delegates the transaction of some lawful business or the […]

A bond not fully backed by the US government.

When an entity is made agent to act on anothers behalf.

When an agent is appointed but not officially. AKA presumption of agency. Refer to partnership by estoppel .

When one party makes decisions for another. It is because the other party cannot make the decisions.

an agency that exists because it will conform to prevalent law that is not because of an agreement between the agent and the principal.

When an agent is chosen by accepting their unauthorized acts.

A CAPTIVE, owned by one or more INSURANCE AGENTS, which is used to write insurance cover for a large number of third party clients. See also GROUP CAPTIVE , PROTECTED […]

The cost of being an agent. AKA agency risk .

A report describing the agency costs . The cost is usually incermental. If a client is in debt the cost is very low.

Direct and indirect costs arising from the separation of ownership (i.e., COMMON STOCK shareholders) and control (i.e., DIRECTORS and managers) that ultimately lead to a reduction in ENTERPRISE VALUE . […]

When a signer must pay for negotiations to the instrument .

An agency of the US government that manages foreign economic assistance programs.

the agency that happens where there is an agreement between the agent and the principal.

A management fee added on top of the service fees.