A severability clause lets certain contract parts remain valid, even if others are void. Learn about its definition, key ...

A call provision allows bond issuers to repurchase their debt early. Explore how these provisions function in real estate financing and their potential benefits.

A provision tied to the investigation into the Jan. 6, 2021, attack on the Capitol buried deep in the bill to end the longest government shutdown in U.S. history has sparked bipartisan outrage as the ...

Establishing a provision for obsolete inventory and creating an inventory reserve write-off account lets you write off the value of your obsolete inventory on a perpetual basis. If your business only ...