Category: C

Certain guidelines that are specified by the UK’s Cadbury Committee. The rules are for Corporation Governance’ which submitted their report in 1992. The objective of the report is to raise the confidence

An arrangement in which a buyer may ask the seller to give contracted goods for prices that are lower than the terms specified in the contract.

A DERIVATIVE contract that gives the buyer the right, but not the obligation, to purchase an UNDERLYING ASSET from the seller at a set STRIKE PRICE at, or before, expiry. In exchange,

Money called up for shares, but not paid at the correct time. The shares may be forfeited or a special calls in arrears account is established to debit the sums owing.

The amount that a customer must pay for a canceled contract upon canceling the contract.

A calculated value used to compare process variation to a specification. Examples are Cp, Cpk. Can also be used to compare processes to each other.

A transaction affecting non-current items such as fixed assets, long-term debt, or share capital, rather than revenue transactions.

A fee, charge or a tax that is levied on a per person basis.

The chemical element of atomic number 6, a nonmetal that has two main forms (diamond and graphite) and that also occurs in impure form in charcoal, soot, and coal or carbon dioxide

A transaction evidenced by the action of swiping a card through a terminal or by an imprinted and signed credit card draft.

Policies or specific practices that a company or organization enforces to all employees.

A document issued by the carrier certifying the owner of the goods transported by the carrier, evidencing the owner’s right to make entry.

Broadly construed, is the process of solving new problems based on the solutions of similar past problems. An auto mechanic who fixes an engine by recalling another car that exhibited similar symptoms

The seller may prepare and package merchandise but will not ship until payment is received.

(e.g., 2% off the total of a bill if it is paid in 30 days or less) offered for prompt payment of an invoice.

Cash flow that is generated (or reduced) from the sale or purchase of long-term securities or plant and equipment. It is the second section presented in the statement of cash flows.

Written evidence that a product or service sale has been allocated or paid in cash.

The merger of a target firm paid in cash by the buying firm. Occurs when the targeted firm’s stockholders or shareholders do not want any part of ownership of the buying firm

Decision-making where information and ideas go back and forth, thrown about, running up and down an organization in a mutually participative manner.

The centralizing of the purchasing function into a central authority by a large, multisite organization for the purpose of increasing efficiency, inventory control, and purchasing power.