Category: Finance

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

A concentrated volume of a part of gas, or any other substance, compared to billion parts of the air or liquid. For instance, a rough comparison is made when a teaspoon of

When an student gets no response on his learning trend from his instructor, it is known to be passive learning.

A small program which is designed to fix a ‘bug’, or a number of ‘bugs’ in another software program. Patches are commonly included in the shape of ‘updates’.

A cycle which determines the payment schedule that need to be dispatched within each period.

A type of vacation in which an individual works, through telecommunication techniques in order to earn extra income. Paycations are common for freelancers, or for those willing to do over time work.

Usually present in juvenile policies, this provision states that in case the person who is responsible for making payments on behalf of the minor dies, or gets disabled, the rest of the

A judgement made by a peer group involving one or more of its members.

Extremely destitute situation, or highly poor circumstances.

A general method of predicting the requirements of cash, commonly done by expressing the expenses and the revenue as a percentage of the sales, and then using the percentage as an income

In a supply or demand curve, the appearance of infinite price elasticity is known as being ‘perfectly elastic’.

A tenant whose agreement continues from one period of lease to another until and unless terminated by the land owner himself through a statutory notice is known as a period tenancy.

Known as a perpetual injunction, a permanent injunction is one which is granted after the trial hearing is complete. It is not levied on a permanent basis.

The percentage by which the policies of an insurance company remain enforced, without any lapse or replacement on the part of other insurers.

The right of freedom of a person to behave as they would like. Though following the conduct code of the society in which a person resides is important.

Any fungi, insect, weed, nematode, or any member from the human or aquatic zone that can be harmful to the health of human beings, or damages logging/ agricultural activities.

A committee formed with doctors, who give advises and contribute to the overall health plan, giving information regarding different drugs, and their proper usage.

An alloy of copper which contains 4-10% tin, and

A legal document which provides guarantee on the part of the exporting country, stating that the agricultural shipment has been thoroughly checked, and contains no plant diseases or any dangerous pests.

A simple method of promotion in which a firm would begin selling another firm’s product as a ‘bundle offer’. The other product is one that does not compete with the firm’s original