Category: L

When control is gained by buying the majority of stocks in a failing company.

In a trading session, lowest share price of the day’s trade transactions.

Repeat purchases may earn this. Also known as patronage discount.

Conceptual relationship between marginal tax rates and total tax collections in a graphical representation named after US economics professor Arthur Laffer. He proposed that lower taxes encourage greater output and supply, increasing

Concealing theft of cash as a fraudulent practice. A cashier, clerk, or teller takes cash illegally from one customer’s payment to cover up taking cash from a previous customer’s payment, over and

the latest information on accommodation availability as provided by an electronic hotel-room reservation system.

Western Hemisphere designated member countries/areas where mainly Spanish or Portuguese is spoken. These include Mexico, Central America except Belize, and South America except French Guyana, Guyana, and Suriname.

The collection of traditions, customs, statutes, usages, and laws of a country that apply to everyone, including the government, under the jurisdiction of its courts. Also refer to legal system.

Tracking and managing sales leads as a complete process. Beginning with the prospective customers from lead generation to the sales and long-term relationships. Measuring sales and marketing efficiency comes from the data

Measurable economic performance factors. Changes in any factor traced predicts changes in the underlying economic cycle’s particular direction or trend. They forecast forthcoming overall economy patterns as these statistics precede by one

As a reminder of the firm and/or good or service being sold, a salesperson gives the customer a gift.

Social perspective of a legal rule’s validity being authorized by law and socially accepted versus being based on natural or moral law. View of man-made law as posited by man for man,

Airline industry dimensioning method to compute the largest permissible shipment’s size. Formula: Length as the largest measurement plus (2 times the Width) plus (2 times Height).

Existing tenants recognize a new property owner as their landlord for the property they are renting through such a document.

A bank obtains borrower’s written consent to seize an account for non-payment of a loan or other obligations. If a bank believes its normal, lawful right to setoff may be challenged, it

Despite a hypothesis actually being true, the likelihood of data and hypothesis rejection by a statistical test.

To make a company less attractive hostile takeover target, it takes on a huge loan and spreads that money among existing shareholders. Also refer to poison pill.

Research, lawmaking, and increasing public awareness as the means of an administration’s attempts to conserve human lives.

In order to pay up a policy, at a given age premium payments stop, even though the life insurance plan covers the insured for his or her lifetime.

Characters specially designed to give a better ‘eye appeal’ to the printed text. They are not meant for headlines. Two characters, as ‘fi’ in ‘fight’, or three as ‘ffi’ in ‘affiliate’ are