One without exception or reservation as to the place or manner of stowage of the goods, and importing that the goods are to be (or have been) safely and properly […]

B/L with no adverse remarks or notations, called ‘clauses’, made by the shipping firm about the condition, packaging, or quantity of the goods being shipped. Importers and their banks typically […]

Documented collection of only the financial document that is processed through the banks without a bill of lading and/or other shipping documents , typically the draft or a bill of […]

Systems of floating-exchange rates. The worth of a currency is set with no government interference entirely by the forces of market demand and supply . Contrast to dirty float . […]

Natural fuel, like compressed natural gas or liquefied petroleum gas, or a blend like gasohol. It produces less pollution than the alternatives and it is used as a substitute for […]

It is a rule of equity that a plaintiff must come with ” clean hands ,” i. e., he must be free from reproach in his conduct. But there is […]

Legal principle; States that the party requesting equity and judicial action must not be involved in any inequitable or fraudulent dealings. For example, a thief cannot get court’s help in […]

L/C whose sole requirement, like a draft, is a written demand by its beneficiary for payment.

Securities market term. A price of a bond that excludes the interest accrued on the bond. Price et al is quoted and documented. However, a buyer must pay the quoted […]

Concept accepted that a firm’s income statement will exclude all gains or losses related directly to equity, and only show all other non-equity-based gains and losses.

Technology using less resources, generating less waste, and causing less environmental damage than any alternatives, and is economically competitive and productive .

Life insurance policy purchased solely to pay all of an insured’s debts after the insured’s death.

A slang term. Denotes how an investment broker guarantees that accumulating quality investments meets the client’s best interests .

Implemented by banks to lessen borrowers tendency of repeatedly drawing against their own lines of credit. This requirement is often written into the contracts to require borrowers to pay off […]

Cleaning of equipment in its stationary location while assembled. The equipment is cleaned and sanitized in modern food processing plants by automatic, computer-controlled devices at the appropriate time.

Manufacturing process minimizing waste and applying continuous prevention practices. These method include (1) raw materials and energy conservation , (2) toxic inputs elimination or reduction, and (3) toxic outputs reduction […]

Restoring a contaminated site after an accidental release. Actions are the containment , neutralization, removal, and/or stabilization of hazardous wastes. This results in the to a state safe for animals, […]

Issuer of a debt instrument requiring the action of liquidating the instrument before full amortization . When the outstanding principal is less than 10% of the original debt, this action […]

1. In Insurance, this is a life insurance fund available to cover final expenses of an individual such as funeral services, settlement of the financial assets per the will of […]

Consolidating by the purchasing firm of the purchased company. Known also as takeout merger.

30 or 60 day period given to a customer who must have no overdrafts to receive annual renewal of a line of credit as an overdraft protection . US banking […]

Stated to prevent a borrower from using a line of credit as permanent and ongoing financing. Would likely result in the borrower having to pay off the line of credit […]

Plain; evident; free from doubt or conjecture; also, unincumbered; free from deductions or draw-backs.

the proof that is beyond a reasonable doubt and evidence that has convinced a jury of unbiased people.

1. this phrase indicates that past behaviour leads you to believe that violence can be contemplated and expected. 2. Behaviour that isn’t protected by freedom of the press and speech.