MANAGEMENT AUDIT
A systematic organizational management assessment. Evaluates sufficiency of methods and policies. Resource administration and use, tactical and strategic planning, and employee and organizational improvement are this action’s focus.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A systematic organizational management assessment. Evaluates sufficiency of methods and policies. Resource administration and use, tactical and strategic planning, and employee and organizational improvement are this action’s focus.
Senior partner’s highest formal job title. Typically accountable for a firm’s overall practice, management and day-to-day operations. This job title is most used in accounting and law firms. In terms of duties
Liability limit excess in an insurance premium’s amount. Multiplying the manual rate by rate factors found on a table establishes this premium. Determines a premium for the limit selected.
Until the outcome of an associated law suit is decided, this court order prevents a defendant from transferring assets. ‘Mareva Compania Naviera S.A. vs. International Bulk Carriers S.A.’ was the founding 1975
A company having a relatively minor impact on its own field of operation due to dominating rival companies of greater size and influence. Marginal players are always susceptible to their larger rivals’
Producer’s substitution rate of a small input variable’s amount for another small input variable’s amount. This rate indicates the opportunity cost of a unit of each commodity in terms of another.
A check guaranteed by the bank on which it is drawn when marked ‘good for payment’, typically by means of a special stamp. The check’s issuer thereby acknowledges to having sufficient funds
A customer feels like the firm’s exclusive, preferred customer due to this level of customization and customer service.
A weighted average in proportion to each of the securities’ market value gives its value base to the overall group of securities that encompass the indexing used directly in this type of
Non-combustible materials for the roof and floor, and brick or concrete on the outside walls of a structure are the main ingredients in this type of construction.
1. In Equipment leasing, this is on ongoing type of lease arrangement. Additional equipment is leased by simply doing a new lease schedule for the new equipment rather than doing a new
Significant enough substantial failure in the performance of a contract, as to give the affected party the right to sue for damages as well as release the aggrieved party from its obligations
A note issued in Australian currency to the Australian markey by a foreign country.
Event noted by a mismatched balance sheet, having one of several situations of unbalance between short-term to medium-term to long-term assets to liabilities. A company also indicates its ability to borrow by
A borrower’s secured loan’s highest dollar limit. Set by the lender according to the purpose of securing the loan as well as various factors related to the borrower. The selected loan program,
The reliability of repairable items quantified as a basic measure. For computers, MTBF is called power on hours (POH). Duty cycles, time cycles, distance, events, and the like are known as life
In the wake of a disastrous event, its health care system is overwhelmed, resulting in so many needy that the general health level of a community or society declines gradually or sharply.
When an underwriter arranges for a security to be issued.
British document regulating a company’s external activities. Required to presented at a registered or incorporated company’s formation. Along with the company’s articles of association, as the company’s charter, it forms the company’s
MERcado COmain del SUR. Argentina, Brazil, Paraguay, and Uruguay formed this customs union established under the 1991 Treaty Of Asunciean. In 1996, Bolivia and Chile joined it as its associate members. Following
This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.