An individual or firm that files or responds to a legal action or takes a side of a Transaction. For example, a party to a forex fraud lawsuit might be called a Claimant or a respondent, depending on whether they were making a Claim against another or were responding to a claim.
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Joint and Several Liability
cash transaction
escape clause
currency risk sharing
Joint Account
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salary cheque
management audit
other long term liabilities
contingent reserve
write down