Category: Finance

Philosophy of management regarding maximizing interests of stake holders as its main objective.

An article that is approved for procurement, issue or storage and is normally kept at hand.

A cost that does not recur in the start up of a business. Also known as start up expenses.

A previous or last contested state before the current state.

Trust that is created by an operation of law where real property is held by trustees for the immediate or essential sale using their discretion.

The pre-determined increase each year of a capital entitlement.

The model or situation that contains a random, unpredictable element that has no order or pattern.

Short term policy that keeps a balance between 2 objectives that appear to be in contradiction with each other.

Blueprint depicting sequence of scenes of a commercial for TV with sketches text and pictures.

Decisions designed to create favorable impact on key factors to create a desired outcome. See tactical.

A retail price lower than that advertised and which can vary daily.

European funds invested for purposes of economic development in Europe’s poorer nations.

Collecting parts together to be a unit that is used to make a larger item or a final item.

Situation where less than the best yield is produced due to a lack of co-ordination between different elements.

Farming system providing a life style that is self sufficient for the family of the farmer. Their is little excess if any for marketing.

Colors used in the four color printing process, C, cyan, M, magenta, Y, yellow and black that overlap to produce other colors.

Estimation in years of the useful life of an asset by an accelerated method of depreciation.

The statute requiring the agency to open all of its proceedings and records to the public.

A larger and more powerful server computer that is tolerant to faults.

The objective worth or meaning of a compensation, reward or action to the recipient.