What Is a Buyback Deductible? A buyback deductible is an insurance contract provision that allows an insured party to pay a higher premium to reduce or eliminate the deductible that the insured would have to pay if a claim is made. A buyback deductible (also called a deductible buyback) can be an add-on to an existing
What Is a Buyback Ratio? The buyback ratio is the amount of cash paid by a company for buying back its common shares over a time period, usually the past year, divided by its market capitalization at the beginning of the buyback period. The buyback ratio enables analysts to compare the potential impact of repurchases
What Is a Buyer’s Call? A buyer’s call is an agreement between a buyer and seller in which the purchase of a commodity is at a specific price above a futures contract that is for the same grade and quantity. The agreement gives the buyer the option to fix the commodity price by either purchasing
What Is Buyer’s Credit? Buyer’s credit is a short-term loan facility extended to an importer by an overseas lender such as a bank or financial institution to finance the purchase of capital goods, services, and other big-ticket items. The importer, to whom the loan is issued, is the buyer of goods, while the exporter is the
What Is a Buyer’s Market? A buyer’s market refers to a situation in which changes to the underlying economic conditions that shape supply and demand mean that purchasers have an advantage over sellers in price negotiations. Key Takeaways A buyer’s market refers to a situation in which purchasers have an advantage over sellers in price
What Is a Buyer’s Option? A buyer’s option, in commercial contracts, is an agreement between a vendor and a buyer that defines price and specifications over a specified period for a product. The buyer’s option does not stipulate the quantity of the product that the buyer is obligated to purchase. In the auction industry, when
Can you eat regionally and seasonally? The tastiest fruits and vegetables are almost always those that come to you at the peak of their natural harvest time. The freshest fruits and vegetables are almost always those that travel the least number of miles or kilometers to your plate after harvest. Following the seasons and the
Taste pears. There will be one that is just right for you. There are more than 5,000 varieties of pears. Of course, it is unlikely that you will ever be in the presence of more than a half-dozen varieties at once—even at the farm market. But, nonetheless, the taste of a pear can linger in
Since pears—that is the European varieties–are plucked from the tree before they are ripe and cure to ripeness usually in a cool, dark place, how do you know a pear is ready for your bite? Well, there are two ways to choose a pear for eating out of hand: smell and feel. A ripe pear
Wes hál! Be hale! Be in good health! From the Old Norse language ves heill to the Old English wes hál to the Modern English Be in good health! This toast is to you on Christmas Day and New Year’s Day. From wes hál came wassail, the drink, and the Anglo-Saxon tradition of wassailing–toasting to
