ENGLISH AUCTION
The most common and typical form of auction. A type of forward auction. A single item is offered for sale. Bidding begins at a low price, rising as bidders accept or call
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
The most common and typical form of auction. A type of forward auction. A single item is offered for sale. Bidding begins at a low price, rising as bidders accept or call
Liability for crime(s) committed by a constituent business, department, or unit that is applied and accountable corporate-wide.
A commercial trading center where goods are imported from several sources and then reexported to various destinations. Although the entrep
Measured calculation for estimating relative merits and demerits of a project. Evaluation and comparison of capital and environmental costs.
Each opportunity is available to everyone equally regardless of their age, race, sex, religion, political association, ethnic origin, and any other individual or group characteristic unrelated to ability, performance, and qualification. The
Known as an ETC. A type of debt instrument very similar to mortgaging or a leasing. According to the specifications of the agreement, an ETC owner/investor uses a particular asset, paid for
Partial or full ownership in a company by shares of stock, rather than a creditor’s interest from being owed money.
Spreading the worth, risk, and ownership of a company or property or any asset out to more that one single person or entity. This apportioned ownership apportions gain and loss, as well
Accounting mistake on a balance sheet where an error in an entry causes a same-amount error in an entry in its balancing account.
Estate owner’s instructions on handling estate assets at the owner’s death, full disability, or legal incapacitation.
Generic name for the category of local area network (LAN) protocols and cabling schemes. Most popular LAN. A LAN connects computers, printers, modems, terminals and other peripherals. Can connect up to 1,024
International clearing house based in Brussels, Belgium for multicurrency cash clearing and settlement for internationally traded securities. Managed by Morgan Guaranty for owner banks. .
Known also as global depository receipt (GDR).
Using bad news, distressed situation, merger, recapitalization, or spinoff as a strategy taking advantage of price drops before or after these events occur.
Meaning that a shares buyer will have no rights to warrants associated with the purchase or the shares.
A yield based on Interest above the guaranteed rate amount. Increase the cash value of a policy.
An attempt to improve a country’s balance of payments position by a government-imposed constraining of conversion of its currency to another specific country’s currency.
Proof and facts must be proven solely by legal, moral methods. Rules of evidence. t
Cost of enjoying an excursion. Often discounted, with some restrictions, like limited services or meals.
Organizational cabinet of executives accountable for collective executive decisions and assignments. Titled roles are typically a chairperson, vice-chairperson, secretary, and treasurer. Accountable to the board of directors.
This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.