Category: A
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Approval Response
Approval Response in the Context of Payments Definition of Approval Response in the context of payments: An affirmative reply following a transaction authorization request.
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Application
Application in the Context of Mortgages in the United Kingdom Note: additional topics related to mortatges in the English legal encyclopedia are available here. A document detailing a potential borrower's income, debt and other obligations to determine credit worthiness. Similar Terms […]
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Accommodation Trading
Definition of Accommodation Trading in Futures Trading In this area, here is a meaning of Accommodation Trading: Non-competitive trading entered into by a trader, usually to assist another with illegal trades, such as a sale at a below market price intended to create a short-term trading loss […]
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Associated Person
Definition of Associated Person (AP) in Futures Trading In this area, here is a meaning of Associated Person (AP): An individual who solicits or accepts (other than in a clerical capacity) orders, discretionary accounts, or participation in a commodity pool, or supervises any individual so […]
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Adjustment Date
Adjustment date in the Context of Mortgages in the United Kingdom Note: additional topics related to mortatges in the English legal encyclopedia are available here. This is the date on which the interest rate changes for a variable rate mortgage.
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Authorization Request
Authorization Request in the Context of Payments Definition of Authorization Request in the context of payments: A merchant's request for an authorization to accept a cardholder's sales transaction. An authorization request can occur electronically via a credit card processing terminal […]
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Advance Rate
Treatment of Advance rate in the United States Law The following is a short concept of Advance rate published by Marco Terry: he percentage of the invoice that will be advanced. On average, most factors advance between 70% and 85% of the gross value of the invoice.
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Approved Delivery Facility
Definition of Approved Delivery Facility in Futures Trading In this area, here is a meaning of Approved Delivery Facility: Any bank, stockyard, mill, storehouse, plant, elevator, or other depository that is authorized by an exchange for the delivery of commodities tendered on futures contracts.
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American Option
Definition of American Option in Futures Trading In this area, here is a meaning of American Option: An option that can be exercised at any time prior to or on the expiration date. See European Option.
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Accounts Receivable Factoring
Treatment of Accounts Receivable Factoring in the United States Law The following is a short concept of Accounts Receivable Factoring published by Marco Terry: Another term for factoring. See factoring.