Free tenure by socage.

A privilege, liberty, or franchise. Cowell.

A custom of grinding corn at the lord’s mill. Cowell. Boud-socome is where the tenants are bound to it Blount.

One who has been guilty of sodomy.

An asset such a human resources, brans name and knowledge that is not shown on a financial statement . A hard asset is cash, land or equipment.

The prevention of the issuer of a bond by an indenture preventing the recovery of the bond until the attainment of a certain price or a distinct percent of the […]

A provision in a L/C giving complete control to the buyer and making the beneficiary powerless.

Commodities in agriculture like coffee, sugar, tea, grains, cocoa, cotton that excludes livestock and finacial futures.

Not a hard or paper copy but the electronic copy of an item or document.

Used in construction for costs not directly related to the construction such as legal fees, financing costs and pre-construction costs.

A currency that does not have favour with foreign exchange dealers as the countries economy is fluctuating or weak.

An agent used for cleaning that is biodegradable and will break down into its smaller and simpler elements in a shirt period of time.

1. Payment that is instead of cash and is in kind. 2. A claim, benefit, discount or interest as opposed to cash.

Savings from not spending time but saving time during a process.

Payments clients make to firms for their service such as non interest bearing compensating balances to keep a loan with a bank or a broker may charge for their fiduciary […]

A font that is not stored in the printer but comes with the document to be printed from the computer.

Goods and textiles that are made from soft goods and soft material including fur, vinyl, leather and flexible plastics.

An attempt to circumvent economic recession identified by excess demand and increasing inflation made by a central bank or other monetary authority. Under certain circumstances such as when fiscal policy […]

When a bank is interested in establishing good relationships with its borrowers by offering loans with below market interest rates, long repayment periods, and repeated rescheduling or rollover of the […]

When excess risk capacity lowers premiums. This causes an expansion of business due to a more affordable premium rate . The extra capital is used to cover the new risk. […]

Money that does not go towards the construction of an entity but is used for legal fees, fees for engineering and design.

A proof ready for printing that is shown on a computer screen and not on paper or material as a hard and finished copy.

A philosophy used to sell goods and services by first finding the cistomers needs and wants. Differs from a hard sell using psychological pressure for a fast sale.

A skill that does notrequire a specific technique or learned trade such as human relations, team building , presenting ideas for example.

Water that does not containe high levels of dissolved solids such as minerals that make it hard to lather. Soft water lathers easily.