RAMP UP
The gradual increase in energy, manpower or quantities. Often when a production begins only a small quantity is produced. Over a period of time more and more is produced and moremoney is
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
The gradual increase in energy, manpower or quantities. Often when a production begins only a small quantity is produced. Over a period of time more and more is produced and moremoney is
In anticipation of a future event, preparation helps to make something ready to be utilized.
The risk associated with the failure of the couterparty to settle the required amount.
Under this agreement, the price that the buyer pays is the one prevalent at the time of shipping and not the price at the time of ordering.
The greater the level of activities that are undertaken in a specific period, the lower the yielded benefit, assuming that other factors are constant.
Costs and revenues that were documented in the firm’s financial statements from the previous year.
An organization that is not related to the government and is notforprofit. The directors and trustees of the foundation contribute and manage the accounts. Usually, charitable institutions, and other related activities are
The rate for a time period that is shorter than the contract period.
For the purpose of inheritance taxes, the price of the shares are determined. It is computed by first taking the difference of the offered and bid prices, dividing it by four and
In direct relation to the overall state of the economy. The value of an asset is procyclic if it moves in tandem with the economy.
It is an economic tool used to measure the efficiency of a worker, capital output unit, system and economy in transforming inputs into outputs.
A gradual increase in punishment in accordance with the frequncy of crime commitment.
1. Planning: Phenomenon of making calculated guess into future according to the past trends. 2. Psychology: Superimposition of one’s perceived unwanted notions, emotions onto others.
This can be a receipt, label, tag or botle cap which shows that the person has indeed purchased the item specified. Often used in promotional campaigns to increase sales of a particular
Documents and data that has been generated by the company to allow it to control and safeguard its competitiveness over other companies. This proprietary data is protected by copyright laws, patent laws
Developed in 1979 by Amos Tversky and Daniel Kahneman. Most individuals will make a decision that will lead to a gain rather than a loss. Risks are put into 2 categories depending
The levels of a resource such as coal, oil and gas that is estimated with an amount of certainty after study of geological and engineering factors that can be removed from a
Having to do with and related to the science of psychology. There may be psychological reasons why certain people react one way or another that is different to how other people will
An organisation that is charitable whose funds are provided by a company or private person, though not more than 50% of the capital can be from that company or private individual.
The governement owns at least 51% or controlling share of the company. It is known as nationalisation when it is completely owned by the general public.