Home
E-Mail
Latest

Partnership Financial Glossary

What is it? An agreement between two or more entities to go into business or invest. See also general partnership; limited partnership; joint venture.

Finance Term Definition Added By: Alexa

The Partnership definition has been viewed 1859 Time(s)!




Send To Friends!

If you'd like to send the Partnership definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Partnership. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Pension Mortgage is This is an interest only mortgage which is supported by a Personal Pension Plan. Interest only is paid to the lender and in addition premiums are paid into a Personal Pension Plan. On retirement a portion of the personal pension fund can be taken as a tax free cash sum and it is this cash lump sum (or a part of it) which is used to repay the mortgage debt. The disadvantage of this type of mortgage is that the mortgage term must run through to anticipated retirement age (for the younger borrower this could exceed 25 years) and part of the retirement fund is used to repay the mortgage debt. The advantage is that the pension premiums attract tax relief at the borrowers highest rate.

Financial Term Deed of Trust is Used in many western states, the agreement used to pledge your home or other real estate as security for a loan (to secure a lien on a property). Similar to a mortgage.

Financial Term electronic chattel paper is A document that includes both monetary obligation and a security agreement consisting of information stored in an electronic medium. A category of personal property collateral defined by the 2001 revisions to Article 9 of the UCC.

Financial Term Investment Plans is Educational savings programs, usually sponsored by commercial banking institutions.

Financial Term Broker (Real Estate) is One who is licensed by the state to carry on the business of dealing in real estate. A broker may receive a commission for his or her part in bringing together a buyer and seller, landlord and tenant, or parties to an exchange.