OPERATING CASH FLOW
Overall income, adjusted for depreciation and the amortization of costs and assets.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Overall income, adjusted for depreciation and the amortization of costs and assets.
The use of GAAP in business accounting to create the appearance of goal attainment.
A contract that minimizes costs for all parties involved.
Bill of lading that allows a shipment to be discharged in multiple parts at multiple locations.
A document that confirms an order is being placed.
Debts that are not secured and have no special claim on the debtor?s assets. Secured and preferential debts will be satisfied before ordinary debts.
Organic organizations consist of employees of similar status without formal job titles or responsibilities, so individuals can perform the tasks to which they are best suited. Decision making is informal without resort
Costs incurred when an organization is first set up.
1. The arrangement of several entities into a logical pattern or structure. 2. Pulling together the resources necessary to achieve shared objectives.
A transaction that has resulted in the exchange of goods or services, but has not yet been paid for.
Any treatment an insurance policy holder receives that is outside of the usual service area.
1. Accounting: The sum of all costs that are incurred during the acquisition of an asset or property. Includes taxes, the retail price and additional charges for installation and delivery. 2. Economics:
A quantifiable result of an activity or process.
When production capacity exceeds the demand for a product.
Situation in which an economy’s production capacity fails to meet the demands of the market, which can cause or exacerbate inflation.
Occurs when a salesman continues trying to sell a product even after a consumer has agreed to buy it.
Occurs when assets are created that benefit individuals at the expense of the company.
A person who neither has ownership rights or active involvement in the firm’s affairs, but has a strong interest in the success of the partnership firm. Often a well known, well connected
A chart with more than three parallel lines that have a high degree of calibration and alignment, such that, a straightline placed on two known values on two different line will lead
An insurer lacking the proper license to set up or do business in a certain location or country.