A project that does not need an investment of capital but requires continuing expenditure.

The revenue reserve is that part of profit which has not been given to the shareholder but retained in the buisness for further growth. Hence revenue reserve, is the part of profits

Where an individual, corporationor business needs to pay taxes on any income that is earned another state.

A loan using the equity in his home to secure another mortgage and gets lumo sums paid preiodically. The loan is paid when the house is sold after the borrowers death.

The evaluation of the behaviour of management and the employees effectiveness.

An auction where more than one seller is selling items and are competing for a price that is acceptable to the buyer.

A shock that occurs when an expat citizen comes home after a lengthy overseas stay and has become used to the culture where he has been living.

1. The bias that is shown againstb a majority group and a min ority group. 2. Any act of giving anything to one group causes automatic discrimination over evry other group.

Reverse logistics. The practice of collecting any outdated, damaged or goods that are unsold and returning them to the manufacturere or supplier.

A method where a product is de-constructed to see how it was made initially.

The exchange of a property before the previuos property has been given up. Opposite of deferred exchange.

A method used by companies to return defective goods back to the producer or manufacturer.

The returning of goods that are damaged or unsold back to gthe supplier or manufacturer.

Also called competitive marketing. A proactive approach that can be intensive for procurement og items.

The acquisition of a private firm by a public firm by transferringover 50% of stock. A way to make a private firm a public firm.

A filtering process where a liquid with suspended particles in it is passed through a filter to catch the particles.

The arrangement where a broker or dealer buys a security and sells it on a set date at a higher price.

Occurs when large players of industry have to fold and the smaller ones stay in business.

A printing process where light coloured text is printed onto a dark background.

A process where a company acquires another company and merges its subsidiary company as well.