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2. Surety - Wikipedia

   en.wikipedia.org/wiki/Surety

   Prices are as a percentage of the penal sum (the maximum that the surety is liable for) ranging from around 1% to 5%, with the most credit-worthy contracts paying the least. [19] The bond typically includes an indemnity agreement whereby the principal contractor or others agree to indemnify the surety if there is a loss. [19]

3. Anglo-American loan - Wikipedia

   en.wikipedia.org/wiki/Anglo-American_loan

   The Anglo-American Loan Agreement was a loan made to the United Kingdom by the United States on 15 July 1946, enabling its economy after the Second World War to keep afloat. [1] The loan was negotiated by British economist John Maynard Keynes and American diplomat William L. Clayton .

4. Factoring (finance) - Wikipedia

   en.wikipedia.org/wiki/Factoring_(finance)

   Factoring is like a credit card where the bank (factor) is buying the debt of the customer without recourse to the seller; if the buyer doesn't pay the amount to the seller the bank cannot claim the money from the seller or the merchant, just as the bank in this case can only claim the money from the debt issuer. [18]

5. Set-off (law) - Wikipedia

   en.wikipedia.org/wiki/Set-off_(law)

   In law, set-off or netting is a legal technique applied between persons or businesses with mutual rights and liabilities, replacing gross positions with net positions. [1] [2] It permits the rights to be used to discharge the liabilities where cross claims exist between a plaintiff and a respondent, the result being that the gross claims of mutual debt produce a single net claim. [3]

6. Business - Wikipedia

   en.wikipedia.org/wiki/Business

   In the context of business and management, finance deals with the problems of ensuring that the firm can safely and profitably carry out its operational and financial objectives; i.e. that it: (1) has sufficient cash flow for ongoing and upcoming operational expenses, and (2) can service both maturing short-term debt repayments, and scheduled ...

7. Canadian contract law - Wikipedia

   en.wikipedia.org/wiki/Canadian_contract_law

   Canadian contract law is composed of two parallel systems: a common law framework outside Québec and a civil law framework within Québec. Outside Québec, Canadian contract law is derived from English contract law, though it has developed distinctly since Canadian Confederation in 1867.