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  2. Tax Receivable Agreement - Wikipedia

    en.wikipedia.org/wiki/Tax_receivable_agreement

    A Tax Receivable Agreement (TRA) is a legal contract where a company agrees to share the economic benefits from certain tax savings with another party. These tax savings may relate to deductions for depreciation , goodwill amortization, and net operating losses .

  3. Cape Town Treaty - Wikipedia

    en.wikipedia.org/wiki/Cape_Town_Treaty

    The treaty creates international standards for registration of contracts of sale (including dedicated registration agencies), security interests , leases and conditional sales contracts, and various legal remedies for default in financing agreements, including repossession and the effect of particular states' bankruptcy laws.

  4. Employee stock option - Wikipedia

    en.wikipedia.org/wiki/Employee_stock_option

    For exchange-trade options, the fulfillment of the option contract is guaranteed by the Options Clearing Corp. Tax issues: There are a variety of differences in the tax treatment of ESOs having to do with their use as compensation. These vary by country of issue but in general, ESOs are tax-advantaged with respect to standardized options. See ...

  5. Notional principal contract - Wikipedia

    en.wikipedia.org/wiki/Notional_principal_contract

    For U.S. federal income tax purposes, currently applicable Treasury Regulations define a Notional Principal Contract as "a financial instrument that provides for the payment of amounts by one party to another at specified intervals calculated by reference to a specified index upon a notional principal amount in exchange for specified consideration or a promise to pay similar amounts."

  6. Personal contract purchase - Wikipedia

    en.wikipedia.org/wiki/Personal_contract_purchase

    Unlike a traditional hire purchase, where the customer repays the total debt in equal monthly instalments over the term of the agreement, a PCP is structured so that the customer pays a lower monthly amount over the contract period (usually somewhere between 24 and 48 months), leaving a final balloon payment to be made at the end of the ...

  7. South African law of sale - Wikipedia

    en.wikipedia.org/wiki/South_African_law_of_sale

    The South African law of sale is an area of the legal system in that country that describes rules applicable to a contract of sale (or, to be more specific, purchase and sale, or emptio venditio), generally described as a contract whereby one person agrees to deliver to another the free possession of a thing in return for a price in money.

  8. Take-or-pay contract - Wikipedia

    en.wikipedia.org/wiki/Take-or-pay_contract

    A take-or-pay contract, or a take-or-pay clause within a contract, is a payment obligation agreed between a business customer and its supplier. With this kind of contract, the customer either takes the product from the supplier or pays the supplier a penalty. For any product the company takes, it agrees to pay the supplier a certain price, say ...

  9. Uniform Commercial Code - Wikipedia

    en.wikipedia.org/wiki/Uniform_Commercial_Code

    The official 2007 edition of the UCC. The Uniform Commercial Code (UCC), first published in 1952, is one of a number of uniform acts that have been established as law with the goal of harmonizing the laws of sales and other commercial transactions across the United States through UCC adoption by all 50 states, the District of Columbia, and the Territories of the United States.

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