Vocabulary Terms

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1.	document of title	A.	refers to executing an agreement or other document in concert with another, and should not be confused with "counter-signing", which refers to the act of executing a document as an agent in behalf of another, such as a corporation or other legal person, or as an attorney-in-fact on behalf of one's principal.
2.	collateral	B.	is a borrower's pledge of specific property to a lender, to secure repayment of a loan.
3.	cosigning	C.	Formal commercial document (such as bill of sale, certificate of title, title deed) or shipping document (such as a bill of lading, dock receipt, warehouse receipt) that confers and/or proves ownership.
4.	guarantor	D.	the goods or merchandise kept on the premises of a business or warehouse and available for sale or distribution.
5.	principal	E.	a person, organization, or thing that guarantees something.
6.	bilateral contract	F.	the person with the highest authority or most important position in an organization, institution, or group.
7.	negotiable contract	G.	an agreement in which the parties exchange promises for each to do something in the future.
8.	bill of sale	H.	is a document guaranteeing the payment of a specific amount of money, either on demand, or at a set time, with the payer named on the document.
9.	stock	I.	a certificate of transfer of personal property.

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