Examlex
Incidental credit is a credit arrangement that has no extra costs and no specific repayment plan.
Chicago School
An economic school of thought advocating for minimal government intervention in markets, emphasizing the importance of free-market principles.
Trust
A fiduciary relationship where one party, known as the trustee, holds property or assets for the benefit of another party, called the beneficiary.
Beneficiaries
Individuals or entities designated to receive benefits or assets from an estate, insurance policy, or trust.
Securities
Financial instruments that represent an ownership position, a creditor relationship, or rights to ownership, such as stocks, bonds, or options.
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