Tooltip Categories: Economics & Finance

billing

The process of sending a bill to customers for goods or services. (source: http://en.wikipedia.org/wiki/Billing)

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binding agreement

A contract the terms of which one person or party agreed to give another party something, or for delivering an item, or to refrain from

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binding contract

An agreement in writing between two or more individuals or entities in which a court can impose penalties in the event one party attempts to

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black economy

Usually untraceable, and hence untaxable, business dealings that are not reflected in a country’s gross domestic product (GDP) computations. An integral part of most third-world

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binding offer

An agreement that is considered legally binding if an offer is made and accepted between the involved parties. It contains elements such as offer, acceptance

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birth certificate

A vital record that documents the birth of a child. (source: http://en.wikipedia.org/wiki/Birth_certificate)

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bill auction

A public auction for Treasury bills that is held weekly by the U.S. Treasury. Currently there are 17 authorized primary dealers that are required to

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