AGENCY COSTS is the incremental costs of having an Agent make decisions for a principal.
JOINT STOCK COMPANY is a company that has some features of a corporation and some features of a partnership. This type of company has access to the liquidity and financial reserves of stock markets as a corporation, however, as in a partnership; the stockholders are liable for company debts and have additional restrictions of a partnership.
SWAPTIONS are over-the-counter options on swaps.
Enter a term, then click the entry you would like to view.