Examlex
When a MNC can no longer easily remove its fixed investment from a host country and the investment becomes a hostage it is called an "obsolescing bargain".
Right To Recourse
The right to recourse refers to the legal ability to seek compensation or redress from a party that has failed to fulfill their contractual obligations.
Reimbursement
The act of compensating someone for an expense or loss incurred, often seen in business, insurance, and employment contexts.
Negotiable Instrument
A transferable, signed document that promises to pay the bearer or named party a certain sum of money either on demand or at a specified future date.
Drawer
In the context of financial instruments, the entity that writes or issues a check or draft.
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