Super Finance Glossary
Over 10,000 financial glossary terms...
Random Glossary Terms
Acquiree: A firm that is being acquired.
Chattel Mortgage: A loan agreement that grants to the lender a lien on property other than real estate. Chattel is personal or movable property.
On Board Ocean Bill of Lading: An ocean bill of lading bearing an on board notation, or words indicating that the merchandise is located aboard the vessel for transportation. These notations must be initialed or signed by an authorized employee or agent of the ship line.
Rational expectations: The idea that people rationally anticipate the future and respond today to what they see ahead. This concept was pioneered by Nobel Laureate, Robert E. Lucas, Jr.
Loss payee: A party to whom an insurance loss payment or insurance settlement may be directly paid.
