ONSHORE
1. The country in which you legally reside (and whose courts have jurisdiction over you). 2. On dry land, not at sea.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
1. The country in which you legally reside (and whose courts have jurisdiction over you). 2. On dry land, not at sea.
A bidding contest that concludes with the opening of sealed bids in a public forum, enabling all interested parties to witness the bids.
Open framework software enables programmers to easily remove and replace modules to create new apps.
A system that enables insurers to use rates not previously approved by the state.
Balance at the beginning of a new accounting period, brought forward from the previous period.
The impact upon continued operations caused by accidents and disasters.
Explicit permission to continue sending marketing information to an individual. Once this permission has been acquired, the individual must generally choose to opt out to stop receiving marketing materials.
On this date, payment is necessary for reservation purposes.
Statements that are given orally by an attorney, either in defense of a client or to rebut the opposing party?s statements.
Sale of assets without pressure to sell as quickly as possible or to accept whatever offers are made. See FORCED SALE.
Company resolution that involves unexceptional company business and requires only a simple majority vote to be passed, without prior notification of the proposal.
The most famous cartel in the world, made up of 12 major producers of petroleum (constituting about 40% of global oil exports). It was created in 1960, to fix crude oil prices
This process entails staffing and resource allocation to immediate and long-term goals, and is one of the most vital responsibilities of a management team.
To commence existence.
A record of a company?s debt obligations that don?t pay out interest on the loan?s principal amount.
Money that the company must pay out (e.g. salaries, supplies, rents, taxes). Hopefully, the total outbound cash flow will be less than inbound cash flow (i.e. money coming into the business).
A market analyst recommendation that means a stock will generate slightly better returns than the market as a whole.
Credit balance in a factory overhead account, caused by over-estimating the cost of overheads in a given period.
Describes the bit of roof that extends beyond an exterior wall.
The risk that a seller in a different time zone might not fulfil their obligation, which the buyer will only discover on the following trade day. The greater the time zone difference,