Instead, you specify the terms for ending the contract, typically by cancellation with advance notice or when one side or the other commits fraud. The meaning of an open-ended contract is the same whether it's called a permanent contract or an indefinite contract. There's no difference ...
The U.S. does not have the body of law governing open-ended employment that many countries do. In the United States, it is accepted as the norm: in every state but Montana, at-will employment is the default. Unless the employer specifically agrees to some other terms such as guaranteed ...
An RFP is a more open-ended process. The business or organization is seeking qualified contractors to carry out a new project. The project and its goals are defined in some detail but there is room for creativity in the responses. For example, an RFP for a children's park might allow th...
Loans may be for a specific, one-time amount, or they may be available as anopen-ended line of creditup to a specified limit. Loans come in many different forms including secured, unsecured, commercial, and personal loans. Key Takeaways A loan is when money is given to another party in...
An installment loan is a type of closed-end debt. You pay it off over a set number of months or years, also known as your loan term. Unlikecredit cards or lines of credit, which are open-ended, revolving credit, you can’t reuse the installment credit as you pay the balance. If yo...
points, a trader can gain a theoretical sense of what such moves might mean for their portfolio balance. Traders can beta weight their entire portfolio, which could help give them a window into how their portfolio might be affected if there's an increase or decrease in the overall stock ...
A joint life annuity with period certain will not stop making payments while an annuitant is living. Whereas, a period certain only (not joint life) annuity ALWAYS ENDS when the term certain period ends. So even if one or both of the annuitants were living after the period certain ended, ...
There are various types of employment offered to job seekers. An employment contract may list a specific type of employment offered by the employer. Here are a few of the most common types. Permanent Full Time With permanent full time employment, you are required to meet the hours considered ...
It started with the publication of Irving‘s and ended with Whitman‘s . This period is also called . 【答案】18th;Civil War;The Sketch Book;Leaves of Grass;the American Renaissance 【解析】美国浪漫主义时期开始于十八世纪末,到内战爆发为止, 是美国文学史上最重要的时期。华盛顿·欧文出版的《见闻...
Open-ended note: This promissory note allows the borrower to draw on an operating or other loan over time and repay the draw plus interest by a specific date. Demand note: Sometimes, a promissory note may specify "on demand" repayment, meaning that the note must be repaid at the lender'...