Tooltip Tags: trading

lease purchase

Basically, a lease purchase agreement is a lease contract combined with an option agreement which gives the tenant the right to later purchase the property.

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guaranteed

A person or entity to whom a guarantee is made. (source: dictionary.reference.com)

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free trade area

Geographical area formed by the national boundaries of two or more countries belonging to a free trade agreement. (source: businessdictionary.com )

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exclusive agreement

A type of agreement whereby a person is made to be the sole agent for selling a particular product or service within a specific market

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draft

A written order by the first party, called the drawer, instructing a second party, called the drawee (such as a bank), to pay money to

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domestic trade

Exchange of domestic goods within the boundaries of a country. (source: http://en.wikipedia.org/wiki/Domestic_trade)

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creditor

A person or company to whom money is owing. (source: wordreference)

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contracting party

Entity who enters into a binding agreement with one or more other contracting parties and thus accepts the benefits and obligations specified therein. (source: http://www.businessdictionary.com/definition/contracting-party.html#ixzz2E6Jbzi1T)

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business networking

Business networking is the process of establishing a mutually beneficial relationship with other business people and potential clients and/or customers. (read more: http://sbinfocanada.about.com/cs/marketing/g/busnetworking.htm)

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business

– commercial activity. – a commercial or industrial establishment (source: http://www.wordreference.com/definition/business)

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