Category: Finance

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.

The person who is the holder of particular property in public records.