A firm’s total capitalization defined as market value. Calculated as: Equity, added to debt, minus the non-critical asset value. To the firm’s core business, these assets must be casual, non-essentials.

Land offering tax incentives, freedom from some regulatory control, and other advantageous terms. Usually set aside as sites for factories, transportation companies, and other types of business. Typically situated in a depressed

Business costs for informal engagements with direct business intent. A specific agenda and purpose, such as confirming an order or advantageous trade terms, are evidence of this business intent. This evidence supports

A contract clause overtly stating that the contract contains all aspects of agreement between an insurer and the insured. The application, endorsements, and conditions, as well as a list of specific points

In general, that which is entitled. 1. Old age pension, social security, unemployment stipend stating a distribution or privilege or right to an economic benefit. Typically granted by contract or law. Meeting

Legally, equal to a person who might owe taxes. A generic term inclusive of person, partnership, organization, or business. An entity can be legally bound. An entity is uniquely identifiable from any

Monies required to gain access into an event, program, or structure. Example: paying money to see a movie at the theatre.

A commercial trading center where goods are imported from several sources and then reexported to various destinations. Although the entrep

A business adventurer; a business explorer. Takes advantage of an opportunity, real or perceived. As the decision maker, decides what, how, and how much of a good or service will be produced.

Organized business-owner group, meeting regularly, sharing information, and experiences, as well as tools for improving businesses.

Entrepreneurship expenses exceeded by income received.

Undertaking idea development, arranging activities and events willing. Planning and leading a venture to success capably. Dealing with all risks, gaining reward as profit.

A measurable condition. The level of disorder in a closed but changing system. The system can only change in one direction, from a relatively ordered state to a more disordered state. During

In general, the age someone registered for something can participate. Example: age an employee is payment-eligible in a pension plan, usually age 65.

Guarantee posted by an importer of record with the customs (usually three times the value of the product) to ensure presentation of the imported item for examination, export, or disposal.

Bottom rung on the job ladder. Lowest level of employment in a department with particular skills, or, no skills. Initials gainful employment for a person, and a opportunity for gaining whatever skills

Documentation due to customs. Examples are a duty entry, commercial invoice, and air waybill or bill of lading. Known also as entry package.

The time when an investor decides to acquire an investment.

Actions and documentation required to be allowed into a foreign country. Typical requirements are a valid passport and visa, proof of inoculation if necessary, even a valid return ticket. Requirements can differ

Documents needed by importers certifying the products are legal imports. The importer calculates and states value, classifies goods, and determines proper duties, fees and taxes. Must be submitted to US Customs, who