Search results for keyword: beneficiary
covered warrant
Equipment Exchange Security
An equipment exchange security is a type of financial document that serves as a mechanism to financially secure the transfer of physical goods between entities. It is essentially a legally binding document, protecting the rights of both parties involved in a transfer o......
12/07/2023 
1032 
Sophia
standby letter of credit
Standby Letter of Credit
The standby letter of credit – or “SLOC” – is an important financial instrument used to provide assurance to a beneficiary. Banks issue a Standby Letter of Credit in favor of a beneficiary, usually a buyer, in exchange for a performance guarantee from a guarantor, usu......
deposit insurance system
Deposits Insurance System
Deposit insurance is a way of preventing bank runs and losses of depositors money due to bank failures. In the United States, deposit insurance is a government-run program, which is run by the Federal Deposit Insurance Corporation. The purpose of this program is to insur......
Irrevocable Documentary Letter of Credit (Limited Negotiation)
Irrevocable and Unconditional Follow Up Credit
Credit is often used as a form of payment for goods and services around the world. It is typically handled through banks and other financial institutions, and is a legally binding agreement between two parties. There are various types of credit, such......
handle trust
Trusts
A trust is a legal relationship between two or more parties in which one party, called the grantor, entrusts his or her property to another party, called the trustee, for the benefit of a third party, the beneficiary. Trusts are one of the most versatile estate-planning tools and can be use......
corporate trust
Legal Definition of Corporate Trust
A corporate trust is a fiduciary relationship between a trustor and a trustee, in which the trustee holds assets and performs certain duties on behalf of the trustor. Corporate trusts may be established to achieve a variety of objectives, such as providing inve......
general trust
目前，通用信托是最常见的另类投资方式之一。它们被用来作为一种有效的长期投资和为客户提供资本保护的工具。它是一个具有限制性期权的合同，被称为受托人（trustee），由受委托人（trustor）为客户的利益而制定的。通用信托的经营行为是由它的客户决定的，这不仅由它的客户批准，而且也由监管机构批准，以确保可持续的管......
personal trust
With the development of the economy, more and more people have invested in personal trust, and it has become increasingly popular in recent years. Personal trust is a trust that is set up by an individual and is set up in order to manage the assets of the individual in accordance with the wishes o......
Participating insurance
Dividend bonus insurance is a way in which people can provide a sense of financial security and stability for their family by providing an estate or trust fund in the event of accidental death. The dividend bonus insurance policy is a type of life insurance that pays out a lump sum death benefit i......
Inheritance tax
Introduction
Inheritance tax, also known as estate tax, is a levy imposed on the estate of a deceased person before it is dispersed to their heirs. Generally, inheritance tax varies based on the size of the estate, the relationship between the deceased and their heir, and a range of other factors......
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