instalment (loan)
A monetary part-payment as part of a staged payment plan. (source: http://en.wikipedia.org/wiki/Instalment)
A monetary part-payment as part of a staged payment plan. (source: http://en.wikipedia.org/wiki/Instalment)
To purchase something now and pay for it later,normally plus interest. (source: http://idioms.thefreedictionary.com/buy+on+credit)
The equitable transfer of the risk of a loss, from one entity to another in exchange for payment. It is a form of risk management
A specialist in the mathematics of risk, especially as it relates to insurance calculations such as premiums, reserves, dividends, and insurance and annuity rates. They
Independent agent who represents the buyer, rather than the insurance company, and tries to find the buyer the best policy by comparison shopping. (source: investorwords.com
The tax paid by a company on the purchase of goods and services used for commercial activities. (Read more: http://www.ehow.com/facts_7182168_definition-input-vat.html#ixzz2XJStkjYE)
A series of programmes developed by The Spanish National Employment Service aimed at promoting employment. These programmes include the promotion of entrepreneurship, orientation and assisting
The situation where an entity cannot raise enough cash to meet its obligations, or to pay debts as they become due for payment. (source: http://www.businessdictionary.com/definition/insolvency.html#ixzz2Mr8zrRJO)
Insolvency Law helps protect consumers and businesses when they find themselves in a situation where they are unable to pay their debts when due. (source:
Property received from an ancestor either through a will or (if no will exists) from the operation of intestacy or succession laws. (source: http://www.businessdictionary.com/definition/inheritance.html#ixzz2M8dzClPd)
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