Category: Finance

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.

The amount of time that a substance can persist in any environment after being introduced in to a new surrounding.

A form used to provide coverage for personal liabilities.

Anything that incites, or determines somebody to take action in order to receive that incentive, usually resulting in damaging circumstances afterwards.

When a cash transaction has been written in the books, while no cash was ever deposited for it.

Compounds that are usually inorganic, and contain a lot of phosphorus. Common applications of phosphate include detergents and fertilizers. Phosphates can harm the water, as it leads to excessive growth of algae.

Something that is related to the human body, or any living organism for that matter.