CONSTANT RETURNS TO SCALE
A process that doesn’t change the scale. The increase and decrease occur at the same rate. It is a show off efficiency. Refer to declining returns to scale and economies of scale.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A process that doesn’t change the scale. The increase and decrease occur at the same rate. It is a show off efficiency. Refer to declining returns to scale and economies of scale.
Services an architect or engineer does when they make documents for a property.
A government program that lets the Treasury department fund $1 trillion in loans for investors. It is used as collateral and backed by credit cards, car, or loan. It is used to
A port that is used for the loading of containerized cargo from boats. AKA container terminal.
A fund set aside for expenses due to disaster. AKA contingency reserve.
Taxing that occurs when a firm changes hands. The buying firm must keep the business going or keep most of its assets when the two merge to get tax deferred status.
Administrative functions related to dealing with contracts, like 1) request to bid, 2) evaluating bid, 3) allotment of contract, 4) Implementing contract, 5) measuring completed work, and 6) computing payments. It also
Characteristic of merchandise which can be transferred against any future deal, according to standard of future exchange based on which the merchandise is traded.
Alternative name given to contract of affreightment.
Depending on the assumption that deals exist to define the anticipations of the primary while offering a clear explanation of how an agent would benefit provided the expectations are met and contains
Not a genuine port for loading but is assumed as such in order to compute haulage charges or/and tariff for inland. Also known as commercial port of loading.
The practice of liberally interpreting, or manipulating, accounting rules in order to convey a stronger financial position. Smoothing income flows, reversing RESERVES, and capitalizing costs that should be expensed are forms of
The joining of service capability from either inside or outside a business, or both, to realize the same goal. Outsourcing, as an example, can provide internal expertise missing within a company and
A FOREIGN EXCHANGE PEGGING process based on official CENTRAL BANK intervention activity that adjusts the value of the local currency through small preannounced changes or average target rates over a period of
Any ASSET on the balance sheet with a final maturity of less than one year. Common current assets include cash, marketable securities (e.g., BONDS, COMMON STOCK, PREFERRED STOCK, and other investments), INVENTORY,
The scientific use of man made systems and natural elements that is made to reproduce itself. It is similar to general systems theory. The communication and control feedback system is the focus
Restriction of the operation of sea, air, or other transport services within or into a particular country to that country’s own transport services.
Calls to premium rate numbers can be blocked by asking your phone company for a bar on premium rate calls. The bill payer needs to contact the phone company to arrange for
An OVERTHECOUNTER COMPLEX OPTION that grants the buyer a payoff based on the difference between a predefined STRIKE PRICE and the highest price achieved by the UNDERLYING reference ASSET over the life
A card bearing a person’s name and address, sent or left in lieu of a formal social or business visit.