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Q: do you know what "evergreen" is?

Category: glossary , Asked by: Z. F. From United States

A: A contract provision that automatically renews the length of the agreement after a predetermined period, unless notice for termination is given. Evergreens are often used for long term agreements such as memberships or maintenance contracts. An evergreen is renewed after a short period, which is agreed upon by the parties at the outset of the contract. Let's use a year-long evergreen contract with a monthly renewal as an example. This contract will last one year from the beginning month. After the first month, if no termination notice is given, then contract will extend to last a year from that period and so on. Once termination is given, the contract would live out the rest the year and not be renewed again. Visit MB Trading

  1. Q: what is a "registered representative"?

    Category: glossary , Asked by: J. X. From Phoenix, United States

    A: Also known as account executive, customers broker, or similar title. Describes people who work in financial markets who have met the particular exchanges requirements regarding background and industry knowledge, often passing relevant exams.

  2. Q: Which online fx platform offers fast installation program?

    Category: technical , Asked by: U. H. From Inglewood, United States

    A: If you want an online fx platform that has the friendliest to install download, we definitely advice you to visit "HY Markets". Downloading the site's installation package is fun - the communication is flowing, and it is easy to understand.

  3. Q: what is a "pension fund"?

    Category: glossary , Asked by: Sammy Q. From Cork, Ireland

    A: "pension fund " is A fund established by an employer to facilitate and organize the investment of employees' retirement funds contributed by the employer and employees. The pension fund is a common asset pool meant to generate stable growth over the long term, and provide pensions for employees when they reach the end of their working years and commence retirement. Pension funds are commonly run by some sort of financial intermediary for the company and its employees, although some larger corporations operate their pension funds in-house. Pension funds control relatively large amounts of capital and represent the largest institutional investors in many nations.

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