OPEN ALLOTMENT
The lack of restriction on the amount that can be taken.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
The lack of restriction on the amount that can be taken.
A lease agreement that may require the lessee to pay the difference between the leased item?s original value and its value upon return.
Derived from the work of American architect, Frank Lloyd Wright, and French architect, Le Corbusier, open plan spaces are partitioned with temporary screens and modular furniture, rather than walls and permanent fixtures.
Travel ticket that is valid for a fixed period of time, but that does not specify particular travel times.
A margin that doesn?t include depreciation or taxes, calculated by dividing operating income by net sales.
The cost incurred due to the investment of capital in something other than ‘blue chip’ securities.
The solution that best utilizes available resources to achieve the company?s aims. No amount of tinkering will improve such a solution. Such solutions are difficult to ascertain statistically and are normally generated
The recipient of option rights from an optioner.
Once an order has been processed, the company acquires responsibility for maintaining and discharging the order.
Life insurance policy which the policy holder pays throughout his or her life.
Assessment of organizational hierarchy, policies and procedures, and management systems. The aim is to identify organizational inefficiencies, relative to rival organizations, usually within administrative functions.
Economic theory that deals with transactions within organizations, rather than between organizations. Focuses on decision-making, risk management, organizational structure, employee remuneration, etc.
The price a company paid to acquire an asset.
A record of a company?s debt obligations.
A publication of which no copies remain for sale or distribution.
A summary of the benefits and coverage (plus exclusions and premiums) of an insurance policy. This outline is not all-inclusive, and will only contain some of the information from the main policy
A situation in which a company has generated too much capital. This devalues the company?s assets and earnings become insufficient to pay dividends and interest. This problem is usually solved by buying
1. Loan arrangement that enables individuals or businesses to borrow up to an agreed limit without prior approval. Overdrafts can be paid off at any time and interest is charged on the
A company that can no longer manage its expenses, due to excessive costs.
An Initial Public Offering (IPO) that attracts more demand than the offering size is considered oversubscribed, and will typically trade above the offering price when it hits the stock market.