Category: Finance

Any statement which is contradictory within itself, or has absurd assertions. It might be proven correct, but is usually confusing and incorrect.

A theory which states that if a larger number of people, or agents are contributing to any result, the major part of the portion, around 80 percent is because of the minority,

Any share whose full value has not been reimbursed for by the holders. A ‘call’ must be issued by the firm in order to collect the pending amount.

Any income that is not earned due to a direct acitivity. For instance, income made through rent, a limited partnership or any other passive source. It does not include earned salary, capital

The initial value of any pension plan, which usually constitutes annuity credits, only vested till the effective date.

A method of paying tax in which an employer must deduct income tax on his employees. Should be deposited after 14 days of collection.

The turnover ratio determining whether the company the company repays its supppliers quicker or slower than before.

A system developed to provide ease in transferring funds from the suppliers to the borrowers, or from payers to payees. An exchange of credits and debits take place between the financial institutions

A legal principle which states that if the owner of any property is getting construction done on it, the owner will stand responsible for any injuries that occur during the construction.

A term commonly used in European countries, depicting hotel lodging or accommoding in a guest house.

When the rental amount is calculated at a certain fraction of the sales that are generated by the leased property, that commercial lease is known as a percentage lease.

Removal of doubt or dispute linked to the title of any real estate.

A report published at a fixed interval, summarizing the events that occurred during that period.

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.