GLOBAL SOURCING
A business’s procurement strategy for establishing the most cost efficient location for a manufactured product. typically located in a foreign country. As is currently true, a company closes the domestic factory and
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A business’s procurement strategy for establishing the most cost efficient location for a manufactured product. typically located in a foreign country. As is currently true, a company closes the domestic factory and
Also known as scenario analysis. Mapping and tracking one or more sources of data into a proposed process to potentially achieve a desired set of one or more expectation. Using varying steps
Each member country of the International Monetary fund (IMF) contributes this amount of gold as part of its membership obligations to the fund. Each country can easily borrow against this amount when
Securities industry term. Describes a securities certificate, like a share certificate, that complies with all contractual and regulatory requirements. Such securities are freely transferred by delivery to the buyer who is obliged
Acknowledged receipt of items listed in a document under customary or specified terms and conditions. It is an official document issued by a port, shed, warehouse or shipping terminal operator.
Government-and-agencies-issued debt securities, fully backed by faith and credit, tallied to an aggregate value.
Commissions as a percentage paid per an achievement schedule. Category or amount of policies written is the basis for the step-wise levels of commissions paid.
A new business or a new location having its official opening. Customers alerted to the opening are drawn to come and see. During such an opening most stores offer special promotional items
Process of etching a printable onto the printing plate. Contrast to letterpress and flexographic printing. The printing ink transfers directly to the paper. Contrast this to offset printing. Typically used in long
One who focuses thinking, actions, as well as investing on the environment-friendly investments even if returns are less than other securities.
1. In Law, this is (1) a complaint due to injury, injustice, or wrong. (2) The injustice itself. 2. In HR, this is a specific complaint. It is a formal employee notice
Lease type. The tenant. or lessee, is accountable only for a fixed fee or rent. The owner pays all other expenses, service fees, and taxes. Insurance, maintenance, and taxes are examples of
Company’s profitability as a percentage of gross profit. Calculation is gross profit divided by revenue.
Where a ground wire is connected to earth as the neutral service wire as a part in an electrical service panel.
If a company derives revenue in more than one currency, or has subsidiaries or divisions in foreign countries, its consolidated financial statement requires one currency for reporting. Each other currency is converted
A slightly better of group of nations that was started in 1990. They are Algeria, Argentinia, Brazil, Egypt, India, Indonesia, Jamaica, Malaysia, Mexico, Nigeria, Peru, Senegal, Venezuela, Yugoslavia, and Zimbabwe.
A manager that follows market trends to keep securities at the strongest market value. They manage a fund or portfolio to outperform the market.
The probability that a business will grown. It uses sales and revenues to predict this.
A mortgage bond that passes through the Freddie Mac purchasing process. It is resold to investors. Incremental principal is sold and interest is paid semianually. Principal is paid annually.
Laws about nonforfeiture and value that are standard. The NAIC committee developed the laws, specifically Alfred Guertin in 1947.
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