The phrase honorary trust refers to an arrangement in which neither a person nor a charity organization is named as the beneficiary. Typically, honorary trusts are formed for the care of a pet or the upkeep of an item. What is an Honorary Trust? An honorary trust is a fund established for a non-human or …
A receipt is a record of what you bought at a store or restaurant, plus details such as the date and time. A printed copy of the receipt usually comes in the mail along with the package. There are many reasons why you might need a copy of a receipt, from getting reimbursed for a …
An index lease is an agreement between the parties to a sale in which the seller holds the property until the buyer makes full payment of the purchase price. A seller with good credit and equity can often get higher payments through an index lease. What Is an Index Lease? Index leases are a form …
A prepaid envelope is a small envelope that contains a specified amount of money, which is used to make payments without the need to carry cash. In general, the prepaid envelope is used to send out payments such as bills, invoices, and other small amounts of money. Read more at the article below. What is …
Capital income refers to the money that you make from assets. If you have any capital assets, then you are making capital income. These assets include real estate, personal property, stock, bonds, and so on. Continue reading to learn all you need to know. What is Capital Income? Capital income is revenue that is derived …
You must open a position in order to invest in stocks or options. Whether short or long, this position symbolizes the beginning of your investment. As the price of a security fluctuates, your investment will expand or contract compared to its initial position. The precise term for initiating a trade is “buy to open.” To …
Your work environment consists of all the factors that might effect your daily productivity, such as when, where, and how you work. During the progression of your career, you can explore opportunities that create a conducive work environment that encourages your success and is consistent with your fundamental beliefs. This article discusses the definition of …
A typical Long-Term Lease is an arrangement between a Local Authority and a property owner to lease a property for up to 25 years under the terms of the Lease Agreement. In this article, we discuss what meaning, pros and cons of a long-term lease. Beside, we also refer to what’s the difference between short-term …
Have you ever mailed a cheque that was cashed, but the recipient claimed they never received it? You may be subject to check washing. Changing the payee names and frequently the monetary amounts on checks and then depositing them illegally constitutes check washing. These checks are occasionally stolen from mailboxes and cleaned with chemicals to …
Typically, a business venture refers to newly created enterprises, startups, or small organizations that participate in commercial activities including risk and the possibility for profit. In other words, when a person or group of individuals start a business with the purpose of selling items or services for a profit, they have formed a new business …