What Is a BAX Contract? A BAX contract is a short-term investment instrument that tracks the nominal value of a Canadian bankers' acceptance (BA). The specific BA behind the contract has a nominal ...
A contract is an agreement between two parties that creates an obligation to perform (or not perform) a particular duty. A legally enforceable contract requires the following elements, all of which ...
From credit card agreements to offers of employment, leases, and business agreements, contracts are a common part of the modern world. While you do not need to be an attorney to use or even create a ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Eric's career includes extensive work in both public and corporate accounting with ...