GOING CONCERN
A business currently successful with indications in the foreseeable future of continuing to do well.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A business currently successful with indications in the foreseeable future of continuing to do well.
Providing consulting services, public relations gigs, or remaining connected to the company somehow, an executive’s severance package provides generous perks in exchange.
Professor Charles Goodhart introduced this theory. Originally applied to the stability of economic spending, it now points out the problem of assigning value to a specific variable to be used as an
Typically in life insurance policies taken on children. Death benefit dependent on age of the child or age of the policy. It is possible for the benefit amount to be less than
Entity planning of major goals and objectives. Essential corporate actions mapped to a comprehensive, long-term plan. Market, product, and/or organizational development tied to acquisition, divestiture, diversification, joint ventures, and strategic alliances are
Decade-long financial-depression in the US from 1930 through 1940. Its devastating worldwide impact resides as the worst in living memory. Its precise causes are disputed. However, its beginning occurred on Black Monday,
Billing total product or service cost with no adjustments or deductions. If ten units of product are bought at $100, but two units are returned, the gross billing is still $1,000. The
Psychological and physiological attempt to measure national happiness as a part of GDP (Gross Domestic Product). Bhutan’s former King Jigme Singye Wangchuck coined it in 1972. Techniques vary, but a widely used,
Un-adjusted by deductions, total aggregate employee wage amount. Pay can occur weekly, biweekly, or monthly. Value before federal and state taxes are deducted. This value is one factor creditors use to base
Building or complex with low height and sprawling.
The probability that a business will grown. It uses sales and revenues to predict this.
Coverage for hotel or motel property. It can cover a safe deposit box and legal liability for damages while in the insured’s possession.
Stock being repurposed by many parties to increase profit for all.
Sharing good feelings about one element of a product or person to another. It can be unrelated. It is different from the devil’s horns.
An investor with many shares that is not satisfied or wants to be active in decision making. They influence the company.
Using fixed production equipment to make large amounts of a product. It cannot be easily moved to make room for a new product.
Changing differences on different measurements and procedures or schedules to make them unicorm and compatible.
A recruitement angency that finds personnel and make them a candidate for a job.
Equipment transfering heat form one item to another. It can be a readiator. Refer to heat sink.
A market with falling or non changing prices due to buyer shortages. It shows investor uncertainty.
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.