Examlex
In effect, contributory negligence is a way of describing a plaintiff's negligence toward himself or herself.
Trust Receipts
Documents that acknowledge the receipt of goods that are held in trust for the lender until the loan associated with the goods is paid.
Blanket Lien
A type of lien that gives the creditor the rights to seize nearly all types of assets and property of the debtor in the event of default.
Trade Credit
A type of commercial financing where a buyer is allowed to purchase goods or services and pay the supplier at a later scheduled date.
Net Period
The time period within which a net payment is due after any discounts are applied.
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