Category: B

(1) The original purchase price of an ASSET. (2) The current accounting value of an asset, typically computed as MARKET VALUE or original purchase price less accumulated DEPRECIATION.

The ability to borrow more funds. A person or company with a great deal in assets and little in debt is likely to have greater borrowing power than a person or company

In relation to diamond trading, blood diamond (also called a converted diamond, conflict diamond, hot diamond, or a war diamond) refers to a diamond mined in a war zone and sold to

A smaller, remotely located office that is separate from a company’s corporate headquarters.

Amount of time between leaving a company and returning to work at the same company; used in calculating benefits in regard to leaves of absence, short-term disability, and other extended periods of

Assessment of the remaining assets of a company on winding up after all liabilities have been paid. Such assets are available for distribution to shareholders of the company.

Insurance coverage that extends beyond the basics to include rare events that may be of serious risk to the insured. This type of insurance usually requires that a higher premium, and often

A new accounting period’s balance that has been transferred from the previous period.

Estimates of government spending on various sectors during the year, together with an estimate of the income in the form of tax revenues. These estimates contain an estimate of Fiscal Deficit and

All of the material that is ordered, stored, issued and sold by weight is known as bulk material.

The Bundesbank is the German central bank. The main functions of the Bundesbank are to regulate the money supply, support the general economic policy of the federal government, and issue banknotes.

One of three leadership styles described by Max Weber (1947), along with the charismatic leadership and traditional leadership styles. The bureaucratic leadership style is based on following normative rules, and adhering to

(BA) analyzes the organization and design of businesses, government departments, and non-profit organizations; BAs also assess business models and their integration with technology.

Process of developing advance arrangements and procedures that enable an organization to respond to an event in such a manner that critical business functions continue with planned levels of interruption or essential

Something an enterprise does, or needs to do, in order to achieve its objectives.

The process of planning, implementing, and controlling the efficient, effective flow and storage of goods, services, and related information from the point of origin to the point of consumption for the purpose

A business plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain background

A business (also known as acompany, enterprise, and firm’) is a legally recognized organization designed to provide goods or services, or both, to consumers, businesses and governmental entities. Businesses are predominant in

Venture capital (VC) is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually

The Buttonwood Agreement, which took place on May 17, 1792, started the New York Stock & Exchange Board (now called the New York Stock Exchange, NYSE). This agreement was signed by twenty-four