a term found in a lease that states that the lease is terminated if certain conditions are not met.

An offer to buy that a buyer sets up with a specific event to happen for them to be involved.

the pardon that only comes into effect when certain conditions are met or terminates because a condition is not fulfilled.

A payment that is made if an action is performed.

Insurance that allows an applicant to pay the first premium. It makes things official before paper documents are made. AKA conditional receipt.

A PREPAYMENT rate used to value MORTGAGEBACKED SECURITIES and COLLATERALIZED MORTGAGE OBLIGATIONS, generally computed as an annualized rate of monthly prepayments to outstanding pooled MORTGAGES.

The possiblity that an item will not work during a time if it is still running at the time of that specific period.

A CONVERTIBLE BOND with a PUT OPTION feature that allows investors to sell the security back to the issuer under certain market conditions (i.e., the underlying stock price reaches a […]

Releasing the accused from prison if they will not commit further crime. If this is broken than they are back in prison.

the term that applies to the reversal of a judgement that comes with conditions to be met.

When a buyer takes an item but does not own it. It can be repossessed if it is not paid for. It is used on real estate and machinery. AKA […]

Insurance for merchandise on installment plans. The vendor loses the upaid balance if the item is damaged or lost. The balance is covered. AKA deferred payment merchandize policy.

A lease where the lessee gets the title, the payments cover a short period of time, a precentage of payments goes to interest, and te lessee can buy the equipment […]

In the civil law . A stipulation to do a thing upon condition, as the happening of any event. As to conditional “Acceptance,” “Appearance,” “Bequest.” “Contract,” “Delivery,” “Devise,” “Fee.” “Guaranty,” […]

A condition that require IMF credit facility a memeber undertakes the balance for a period of time.

A dependent condition of a contract that has to be done by all parties. Refer to condition precedent and condition subsequent .

The obligations of insured party before a benefit is paid.

Rules that are specified that all shippers and passengers must pay. The rights cover space, damage, loss, injury, and death. It is governed by Hague rules . AKA terms and […]

Conditions for the rights or the parties when the contract is signed. There is a general condition as well as special conditions that are more specific.

The contract terms for employment that relate to working conditions . AKA working conditions.

The terms upon which sales are made at auction ; usually written or printed and exposed in the auction room at the time of sale.

The way an outcome is measured for an outcome.

The material safety data sheet that lists things to stay away from because they will harm the employee.

The rules in a deed that will restrict use of land. Penalties are paid if the owner does not comply. It controls size, price, and type of building on the […]

A hotel thats a highrise with condo units in it. They are sold to parties for personal use as rental. It is a vacation hotel when its not occupied.