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What is a Beneficiary? Beneficiaries are named in just about every investment. The beneficiary is the person who receives the profits or distributi...

What is a Comfort Letter? When a company’s books are being audited, when new pending issue securities are revising their financials to meet compl...

What is a Co-signer? A Co-signer is a 3rd party who agrees to also be held liable for a financial obligation in the event that the primary signer d...

What is a Commitment Letter? A commitment letter is a document that is issued by a lender to a borrower pursuant to a full fledged loan agreement c...

What is Counterparty Risk? Counterparty risk is the risk to either party within a transaction that the other will not or be unable to abide by the...