Musharakah is a joint partnership arrangement in Islamic finance in which profits and losses are shared.
Profit from interest is not allowed in Islamic practice, which requires Musharakah.
A permanent musharakah is often used for long-term financing needs, since it does not have a specific end date and is valid until the partners decide to dissolve it.
A legacy clause is a provision that allows people or organizations to follow the old rules that once governed them instead of the new ones, often for a limited time.
The Multi-Employer Social Security Facility (MEWA) is a way for a group of employers to pool their resources to provide their employees with the best health insurance options.
Voting trust agreements allow shareholders to transfer their voting rights to the trustee, effectively giving the trustee temporary control of the corporation.
Choice 83(b) is an Internal Revenue Code (IRC) provision that gives an employee or startup founder the ability to pay taxes on the total fair market value of the restricted shares at the time of grant.
Carriage and insurance paid until when the seller pays the freight and insurance to deliver the goods to the party appointed by the seller at the agreed place.