OWNERS’ EQUITY
The capital invested in a corporation, based on the deduction of the book value of liabilities from the book value of assets.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
The capital invested in a corporation, based on the deduction of the book value of liabilities from the book value of assets.
1. Bank deposits: The stated rate of interest on deposits that is expressed in terms of current dollar, which does not take the effects of inflation and compounding into effect. It is
A set of measures aimed to restrict imports and does not include high import duties or tariffs.
An offense that has led to the rejection of bail for the accused.
Advertisements such as public service announcements that are aimed at educating the consumers or instilling an idea in them. They are often used in the electoral process to gain votes.
A will stated by a person on his death bed in the accompaniment of witnesses.
In the event of any foreclosure action against the landlord, this agreement between the tenant and the landlord’s lender ensures that the tenant is not robbed of possession of his leased party.
The policy payments that the insured is entitled to in the event of a cesation of payments. The insured has a choice between the cash surrender value, the paid up surrender value,the
Bill of Lading that prohibits use of endorsement to transfer.
A market situation which exists due to the fear of a price war. As such, competitors do not reduce prices. They however, focus on building a distinctive image for their brand through
One time charges that are levied on goods and services.
A continuous flight journey between the point of embarkation and the point of disembarkation.
1. Statistics: With the help of comparisons and peer review, it is the standardization of data that is obtained from various sources spanning different periods. 2. Database Programming: The process that involves
Items that do not meet the specifications of a set criteria or classification.
This notice is a legal requirement that has to be issued by the lender before the intended sale of the mortgaged property due to foreclosure.
A quality control chart that is used to determine the number of defective units in a random sample. It is used as an evaluation of the process’ stability in instances where the
An old slang term to refer to diabled individuals or the elderly who depend on the insurance and other funds that are sanctioned by the government. Social Security is the current term
Property or items that experience a rapid fall in usefulness, value or competitiveness are characterized as being obsolete. It occurs due to the availability of cheaper and better alternatives or due to
Brokers who charge a higher rate of commision to combine odd lot orders and then filling them out as round orders.
An asset that is not yet recorded on the balance sheet, but that which has a good sign of growing in economic value in the near future.