Residual value

The lease-end value of the vehicle set at lease inception by the lessor. It's usually calculated as a percentage of the MSRP. This is a component of the payment calculation.

residual value

Banking; Personal banking

Term used to describe the market or sale value of leased equipment (net of removal or disposal costs) at the end of the lease term. In most cases, it is projected or estimated. ...

residual value

Plants; Horticulture

The value of the fertilizer to succeeding crops after it has been in the soil for one or more cropping seasons. Residual values of plant nutrients affect soil test levels for ...

Acceptance Fee

Financial services; Auto loans

A one-off payment to cover the administration of setting up the finance agreement & credit searches. Paid at the commencement of the finance agreement with the first payment or ...

Accessories

Financial services; Auto loans

An extra which can be added to the vehicle, which is not part of the manufacturer's specification.

Administration fee

Financial services; Auto loans

A fee charged to cover the cost of amending an agreement.

Mercedes Advance .Agreement / document

Financial services; Auto loans

A legally binding contract made between a customer and a financial company for the purchase or use of a vehicle. The agreement is binding once it is signed on behalf of the ...

APR

Financial services; Auto loans

Also known as Annual Percentage Rate, it is the interest rate which a customer will pay on a finance agreement, including all fees.

Annual Statement of Accounts

Financial services; Auto loans

A statement outlining the payments made to date including any paid late etc.

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Industry/Domain: Candy & confectionary Category: Licorice

Black licorice

Black licorice is a candy flavoured with the roots of the liquorices plant. The main ingredients are liquorices extract, sugar, and a binder. In small ...