Category: Finance

Those who have invested are liable to receive payment before others, though they can forego their shareholder privileges.

Any assumption or information which forms the basis of a conclusion.

A legally binding agreement between a couple, stating how the assets would be divided if the marriage fails to last.

Packaging might refer to: i) Various processes such as the cleansing, processing and packing of a certain item which is to be transported, or sold. It might also be used for promotional

Paid losses are the losses which are given out during a particular period of time.

The Pantone Matching System is a trademarked name, which provides specifications of more than a thousand different ink colors by their number. The PMS is useful for a number of different printing

An economic belief which states that if a person saves a significant portion of their income, they are going to get poorer, rather than becoming richer. The reason quoted is because the

A situation in which there are a number of small scale sellers, while the large sellers are lesser in number.

A legal, binding partnership that may occur where previously, no formal partnership agreement was in place. A person who exhibits such conduct, or says words which represent, or allow him to be

An investor in a firm or company who does not take direct part in the management.

A method of food preservation derived by Louis Pasteur, a French microbiologist. Usually, considerably high temperatures are given to the food in order to deavctivate several enzymes. The food needs to be

An accounting method of a pension fund which allows the employer to charge contributed amounts by an employee to the earnings of a firm, allowing in more accurate pension calculations.

Method of evaluating the period of time it would take for the company to get the amount of return equivalent ot its initial investment. Usually, pay back periods should be lesser. It

A tool used for decision analysis which lists down all the pros and cons of any decision. It makes use of payoffs, and provides various combinations or alternatives, giving a better idea

A position in which the prices used for production by any producer are affected favorably or unfavorably by the impact of other producers.

A common term that is used to define a certain portion of the consumer behavior in a certain market. Commonly used by economists to determine the cyclical economy trends, as well as

A method used for recognizing the revenue gained on any contract that has been completed over more than a single period of accounting. This method is appropriate when the total cost of

Validating any legal document or interest by properly executing it and then filing it with the correct public authority.

When a company has some stocks which are up for sale, the company will show them on its balance sheet. These stocks will be shown on the financial statement once a sale

A mortgage loan or a bond that has been issued with a maturity period that extends between 15 to 30 years.