Legal glossary category
Financial/Contract Law
Browse 4 glossary entries in the Financial/Contract Law category, with short plain-English descriptions and direct links to the full term pages.
present value
It's a way to figure out what something is worth *now*, even if you plan to get money later.
Open term →profit
Imagine profit as the extra money you get after paying all your bills.
Open term →project cost
Imagine you are planning a big building project.
Open term →repaid
Imagine you owe someone money, and 'repaid' means you actually pay all that money back to the person who lent it to you, completing the debt.
Open term →