What is Usury
Title Insurance
Notary Public
Capital Flight
Barristers and Solicitors
Attorney Law Explained
What is the Current Federal Stimulus Status
No Fault Insurance
Arbitration
Child Custody
Family Law
Equity of Redemption
Divorce Laws
Alternative Dispute Resolution
Annual Income Explained
Foreclosure and How to Avoid It
ParaLegal Jobs
Breach of Contract
More than a Stimulus Check
Estate Planning
Immigration Laws
Avail a No Collateral Loan
Adhesion Contract
Civil Law Notary
Lawyers and Advocate
Legal Professions
Demand Letters
Business Lawyers
Codification
Trust Income
Recourse Loan and Non-Recourse Loan
Promissory Note
Jurisprudence
Collateralized Mortgage Obligation
Rule of Law
History of Law
Pillars of Civil Law
Civil Law vs Common Law
Civil Law system
Common Law
Legal Systems
Homeowner Insurance
Tangible-Intangible Assets
Business Tax Write Offs
Business Tax Credit
Business Tax Deductions
Redlining
Intentionnal Torts
Insurable Interest
Accidental Loss
Insurer’s Business Model
Principles of Insurance
Indemnification
Types of Insurance
Pledge
Second Lien Financing
Mortgage by Demise
Commercial Mortgage
Security Interest
Statutory Mortgage
Equitable Mortgage
Legal Lien
Hypothecation
Foreclosure
Hyperinflation
Gift Tax
Transfer Tax
Taxation Ethics
Tax Burden
Dividend Tax
Excise Tax
Sales Tax
Tax Deduction
Income Tax
Capital Gain
Indirect Tax
Direct Tax
The much used term of usury in the industry of loan is being derived from the Medieval Latin term usuria, which can be translated to mean interest. The Latin term usura can also be said to be the main source from which the...
Title insurance discusses about the real estate property in United States. Real estate property holds huge value and there are many valuable properties which carry immense value in terms of monetary measure. So, these properties...
A notary public is an officer appointed by the term of law, to serve public in the matters of estates, deeds, foreign business and in international business. Some of the main functions of notary public is to administer...
In economic terms a condition of capital flight takes place when economic assets and money flows out of a country in a rapid form. The flow of money from the country might take place because of the causation of an economic...
Barrister is a lawyer who practices in common law and this profession is a split profession. Another split profession is the job of a solicitor who deal with any legal issues apart from conducting several legal proceedings...
Lawyers can give lot of benefit to the public and to the government in giving professional advice and also legal advice in legal issues. Without the guidance of a lawyer, it would be very difficult to deal with complex issues...
The impact of the collapse of the economy can be felt globally, and almost all businesses, investors and individuals have been badly affected, by the resulting recession. The Stimulus plan was an attempt to restore the economy...
The term no-fault insurance benefits policy holders in receiving in complete claim from the insurance company. This also reduces the premium costs of the policy holder. The practice of no-fault insurance is applied in automobile...
Arbitration is a form of legal advice and mediation to solve the disputes outside the court. An arbitrator is a legal professional who is throughly knowledgeable and possesses good knowledge and experience in law. An arbitrator...
Child custody is another legal term which is used only when children are minor in age and there are many custodial relationships to obtain guardianship of a child. For example, if a child is left alone and both the parents...
Family law is a very important law as it deals with individuals, their lives and relationships. Some of the major issues in family law are marriage, property settlements, responsibility of parents, abuse caused by spouse,...
Equity of Redemption speaks about the rights of the mortgager according to law. The law enables the mortgager to secure the property he owns once the liability that is secured by the mortgage is discharged. Normally the borrower...
Divorce is a form of termination of marriage and divorce is the term used in courts saying that legally couple are separated and law does not permit any more to live together. By reason of various incidents, events and occurrences,...
Alternative dispute resolution also called as External Dispute Resolution in Australia detail a process of working that is outside the government and judicial process. ADRs very popular in use by public and legal professions....
The income you earn per year is termed as annual income. To calculate your monthly earnings you should divide it by 12. So it is the criterion by which you get to know how much you earn on a yearly, monthly, weekly or daily...
Foreclosure is a legal process that is used to terminate the rights of the owner on his property. This is done due to default. Foreclosure usually involves sale of property at an auction by use of force. The proceedings are...
Paralegal jobs are in great demand as many young students have been getting enrolled into legal courses. Some of the important paralegal services are research of legal documents, drafting contracts, mortgages, agreements...
Breach of contract is about non-performance to the terms of a contract. For example when two parties have agreed about a property and have signed on the agreement and later when one party overlooks the terms of contract,...
With the changes in the global economy, a lot sure has changed. These changes were a needed part to avert the succumbing trend of the financial aspect of many American’s lives. The good that the 2009 stimulus package has...
Estate planning is a process of disposing of an estate. There are many issues that deal with estate disposal which includes taxes, expenses, fees, elimination of uncertainties and the procedures of administration. In case...
Immigration laws are very important with the fact that every government, if it has to permit foreign residents to stay within a country, the rules of immigration laws have to be applied. Immigration law, particularly deals...
Many people looking for a loan may not be in a position to offer collateral or provide other equity to avail of a loan. For those in this situation, the no-collateral loans, which are called “unsecured loans,” may be...
An adhesion contract is about a standardized contract form that provides goods and services to the consumers. This is a legal agreement between two parties to do a particular transaction in which on one side there is full...
Civil law notaries are special lawyers who act as public officers in a particular jurisdiction. The main duty of civil law notaries is to provide legal advice and suggestion and also to prepare instruments which have legal...
There is a huge demand for lawyers and advocates around the world. Especially with the launch of Internet, there are many lawyers and advocates who provide on line guidance for every legal problem. Whether it is a civil...
Legal profession requires specific study about legalities and formalities of court of law. Every state, district and nation has various laws in terms of safety, security and protection of citizens of every nation. No...
Surely and certainly the legal system is very slow but effective. There can be no best approval or decision other than the court of law. It is very easy to settle a case and some times it is very difficult and in some cases,...
Business ownership is most wanted by young entrepreneurs in this globalised days. Performance of business requires good skill, hard work and determination to move ahead with lot of confidence. But while carrying on business,...
All the laws are codified and codification is about laws. Ancient Babylon first codified its laws in 1760 BC and it was considered as the earliest civil code. Roman empire developed some of the important codifications and...
Trust income or income trust is the trust, which is holding the assets that are producing income. The trust income designates ownership vehicle, capital structure and legal entity for businesses or certain assets. These...
Recourse loans or recourse debts are the debts that are not backed by collaterals from the borrowers. In this type of loans the lenders are allowed to collect the debtors assets in case of defaults by the debtors. This is...
Promissory note is referred by the term note payable in accounting. It is also known as just a note. Generally promissory note is known as contract between two parties where one party the issuer or maker makes or pledges...
Jurisprudence is about the theory and philosophy of law. Logical reasoning by applying law requires an in-depth study and deeper understanding about the nature of law and about legal systems. Jurisprudence began in 18th...
Collateralized mortgage obligation – CMO is an entity with special purpose and is separate from the institutions that create it. Collateralized mortgage obligation is a financial debt vehicle that is created by Boston team...
The rule of law is of prime most important law which is a legal guide for every one for resolving any legal problems or formalities. Law says that no one is above the law and in fact no one is exempt from the law. Rule...
The history of law is very ancient and has great experience. It has been designed from the olden days to give benefit to the people through transactions and customs. At that time, there were no courts, no judges or nobody...
Law is a system which has many rules, regulations, enactments, provisions and procedures. Law gives shape to every sphere such as politics, economy, society and there are many anti-social elements which stand as a threat...
There are many differences between civil law and common law. The term common law has emerged from English colonies and English legal system and this mostly prevailing in Commonwealth countries and United States. Civil law...
Civil law system is inspired under the Roman Law which has earned lot of respect for several centuries. Even in the modern times, Roman law continues to be referred for taking guidance for civil law system. Civil law system...
Common law is a law that comes from the decisions of judges who work in courts on several tribunals. Common law is another kind of legal system that gives lot of different opinions of treatment for different occasions. ...
There are basically three major legal systems in the world. The first is civil law, the second is common law and the third is religious law. Under the pluralistic systems, there is further division which is stated as civil...
Are we all familiar with the term insurance? In Economics, insurance is defined as a form of risk management which is used to protect against the risk of contingent loss. With the passage of time, different insurance companies...
Business and accounting define an asset as an economic resource owned by a company or other organization. Such an asset may be tangible or intangible and can be used for repayment of debts. The term also describes things...
Starting out a small business, you’ll definitely need every chance you get to increase your income. Tax deductions are a good way of capitalizing on your business profits. This puts in the business in a situation where...
Tax deductions mean fewer taxes on your business and therefore a larger profit margin. This puts in the business in a situation where it is more likely to cover its other expenses thus pointing to productivity. The tax code...
Tax deductions mean fewer taxes on your business and therefore a larger profit margin. This puts in the business in a situation where it is more likely to cover its other expenses thus pointing to productivity. The tax code...
Any company which provides financial products like loans, insurance, mortgage and so on, will have their own policies and techniques to find out whether it is worth to give the financial product to the person applying. This...
Tort means commiting a wrong, and Intentional Tort means intentionally commiting a wrongful act. According to law, a tortfeasor is the person doing the intentional tort, which is a civil wrong. Intentional torts does not...
The main purpose of Insurance is to cover the risk of loss, and not trying to make a profit. Insurance provides the compensation when the loss occurs due to various reasons. This brings the question as to what one can insure?...
When a loss occurs suddenly, without warning and totally unexpected, which is beyond ones control to prevent or stop it, is called an Accidental Loss. In the field of Insurance, Accidental Loss has separate clauses attached...
The basics of an Insurer’s Business Model is the same as any other business, in the sense that profit is calculated by adding all the different incomes and deducting all expenses and losses. In an insurance business...
Insurance is the business of risk coverage and compensating the affected party for their loss. There are certain principles of insurance, that form the basis of this business. The first principle of insurance is the contract...
Indemnification is the process of compensating or indemnifying, when a loss occurs. The indemnity amount is paid by the indemnifying party, to the party who has suffered a loss. The person who pays may not be the one who...
Insurance is one of the best risk management strategies that one can follow. Insurance companies will cover the risk of loss in exchange for a fee, called a premium. When the risk is taken over by an insurance company it...
The word pawn is derived from a Latin word meaning pledge, and once items have been pledged are known as pawns, pledges or simply collateral. A pledge, otherwise known as pawn is a type of security interest, and in particular...
A lien is a kind of security interest given over an item of property as security of a payment of debt. Second lien financing, otherwise known as last out participation is a kind of financing taken against a security interest...
A mortgage, in simple terms is the legal transfer of an interest in property, or its equivalent in law to a lender to act as collateral for a debt – normally a loan extended in form of money. Note that the mortgage itself...
A commercial mortgage, as the name may suggest is a loan taken against real estate. In other words, a commercial building acts as the collateral that will secure the repayment of the loan. A commercial mortgage is very similar...
A security interest in simple terms means the rights conferred upon a creditor to take all or part of a property offered as security for loan. A security interest is an interest created by law or by legal binding agreement...
A mortgage can be depicted as the act of transferring an interest in property, or anything equivalent to a property in law (a charge) to a creditor as collateral for a debt. Important to understand is that a mortgage isn’t...
Mortgage is the transfer of title of a property to a creditor to be as collateral for the performance of a particular act mostly payment of money borrowed. Once the performance of the act is complete and satisfactory, the...
Overview of a Legal Lien The law application of the term lien refers to a form of security interest given by a borrower over an item of property as security of the payment of a particular debt or a performance of some kind...
Overview Hypothecation can also be termed as trust receipt. It’s a rare form of security interest whereby one pledges a mortgage or an underlying asset as collateral for a loan. This means that once you hypothecate, the...
Foreclosure is a legal proceeding where a lien or a mortgage holder, usually the lender obtains a termination ordered by the court for a mortgagor’s right to redemption. The lender obtains from the borrower a security interest...
Overview Hyperinflation, according to pundits, is an inflationary vicious sequence without propensity towards attaining equilibrium. In other words, it is an out of control inflation, excessively high and rapid inflation....
Description According to economics, a gift tax is a graduated tax, taxed to a donor by the federal and most state governments; property is gifted from one citizen to another. It is simply a tax on the right to hand down property...
What is the description of transfer tax? It is simply an amount paid when an individual or entity is passing property to another individual or entity whereby the amount of tax paid depends entirely on the fair market value...
What is taxation? Before shedding light on the taxation ethics, it is imperative to first know what taxation is. To tax, in simple terms is to impose a monetary charge or other levies on an individual or a legal entity where...
Economics define tax incidence as the study and analysis of the outcomes of a specific tax on the sharing of economic interests and welfare. It is believed that tax incidence falls on the category that it will ultimately...
In general simple terms, dividend tax is an income tax imposed on the dividends paid to stockholders. Dividends on the other side are payments made by a company to its stockholders; it is the portion of profit shared out...
Excise Tax is a tax on the production or sale of any goods. It is also called Excise Duty sometimes and, unlike customs duties which are charged on goods which come from outside the country, is primarily charged on goods...
At the end of every fiscal, along with evaluating one’s earning’s throughout the year, another task, which is often referred to as a necessary evil is the payment of taxes. Knowing the different kinds of taxes and the...
Taxation, in itself is a complex system. It is a necessary and a mandatory procedure which involves the payment of taxes to the government. A tax deduction represents an expense incurred by a taxpayer. A tax deduction or...
Most governments raise funds partially by taxing their citizens. These taxes are usually collected by taxing services or sales, while others are collected every 12 months, when a fiscal year ends. The latter annual tax is...
A Capital Gains Tax (CGT) is a tax levied on the profit from a sale of a non-inventory asset that was bought at a lower price. Capital gains are usually collected from the sale of property, precious metals, bonds and stocks....
Indirect tax is one which is collected by intermediaries who turn over the proceeds to the government and file the related tax return. Indirect taxes are imposed on goods and services. Unlike direct taxes, indirect taxes...
Taxes form an important part of each of our financial life. Understanding the intricacies of taxes becomes vital as it can help us deal with our finances better. Taxes are categorised into direct taxes and indirect taxes....
Page Categories
Stimulus Package info
- Is the Stimulus Package really transformative
- What Delayed the Stimulus Projects
- A Look at the Stimulus Package After a Year
- Stimulus Exit Strategy is too Early
- Stimulus as Created Jobs say Researchers
- According to Admin the stimulus Plan is working
- Rumors of a Second Stimulus Package
- 2010 is the Stimulus Plan Spending Peak Year
- Second Stimulus would be a job stimulus bill
- How did Money Injections into Banks Helped the Economy
- Is a Second Stimulus Package a Necessity
- What is the Current Federal Stimulus Status
- First Time Home Stimulus Plan Extended
Economic & Financial
Fiscal and Tax info
- Tax Time Troubles Caused by Stimulus
- Tax Relief for Individual and Families
- Individual Income Tax Return 1040
- Federal Tax Cuts to Create Green Energy
- Federal Housing Tax Credit
- Tax Rebate for First Time Home Buyer
- Federal Residential Energy Tax Credit
- How Home Mortgage Interest Deduction Works
- Business Tax Write Offs
- Energy Efficiency Tax Credit
- Business Tax Credit
- Business Tax Deductions
- 2010 Income Tax
