Trust created with a will that will take effect only fret the writer’s death and will be subject to probate.

Written or oral assertion offered as proof of truth in court. Includes hearsay and testimony.

Concluding section of a deed or contract stating it has been signed on the date stated by the parties.

Means of quality control where capability of manufactured items to meet its requirement is determined.

Gerard Cassidy and a team from RBC Capital Markets developed this ratio to assess credit issues from banking institutions.

Printed, online or written document presenting or communicating a narrative or a table of data that forms a report, memorandum, letter, article etc.

Serif type face chosen to be legible in small sizes.

Material that is made up from synthetic or natural materials.

Interpretation according to the clear and ordinary meaning or words in a text.

Society of Ancient Greece that was the forerunner of life and health insurance.

Journal founded in Glasgow, Edinburgh and Aberdeen in 1897 by the societies of accountants and later adopted by the Institute of Chartered Accountants in Scotland in 1951.

International News agency providing reports through TV, radio, World Wide Web and print publications.

Paper recognized internationally founded in 1851, printed in New York and distributed nationwide.

International newspaper that focuses on corporate and investing news.

Piece of literary work by Adam Smith in 1776 that is considered to be one of the first publications dealing with Economics

Arrangement of seating where all rows face toward the stage.

Set of propositions, assumptions or facts attempting to provide a rational explanation of cause and effect of observed phenomenon.

Observation of economic behaviour where people form trend so economy expectations based only on past trends.

A company’s behaviour in pursuing maximization of profit analysed by (1) inputs, (2) production techniques used, (3) quantity produced and (4) prices charged.

Concept of Economics where all remaining needs should be satisfied even if two or more need cannot be satisfied.