Foreclosure can be described rather simply or it can be addressed in a long, complicated legal definition. But the bottom line with foreclosure is that the financial institution or company that loaned the money to ...
Read MoreMeaning of Debentures:- Debenture is a Latin word which means ‘to owe debt’. In the words of Thomas Evelyn, “a debenture is a document under company’s seal, which provides for the payment of a principal ...
Read MoreSurrender of Shares:- Surrender of Shares is a voluntary act (of shareholder) of giving up the shares to the company. When the shareholder feels that he cannot make the payment of remaining calls, then he ...
Read MoreForfeiture of Shares:- Forfeiture may be termed as penalty for violation of terms of contract. Forfeiture of shares means taking back of shares by the company from the shareholders. If the shareholder makes default in ...
Read MoreTransmission of Shares:- Transfer of shares by the operation of law is known as Transmission of Shares. Transmission of shares takes place in case of death, insolvency or insanity of members of the company. In ...
Read MoreIntroduction:- Various environmental factors such as economic environment, socio-cultural environment, political, technological, demographic and international, affect the business and its working. Out of these factors economic environment is the most important factor. Meaning of Economic Environment:- ...
Read MoreIntroduction:- A share may be termed as the interest of the shareholder in a definite portion of capital in the business. It defines the relation between the company and shareholder. Shareholders are the real owners ...
Read MoreTransfer of Shares:- Shares are movable property and transferable like any other property. Transfer of shares is one of the beneficial features of a public company. Transfer is a voluntary act of parties which results ...
Read MoreWhile there is some difference of opinion among “experts” when the subject of recession comes up, people who are out of work or losing a home have no doubts about it. It all depends on ...
Read MoreThis curious phrase is not meant to indicate the opposite of inflation. According to economic texts and encyclopedia information, with disinflation, prices don’t increase as quickly or as much as they would during inflation. The ...
Read MoreFringe benefits are accurately named, as they are meant to be additional compensation for work performed or for services rendered. They are intended to be viewed differently than a base salary or regular wages, but ...
Read MoreThe companies may be classified as follows:- I. On the Basis of Incorporation:- 1. Chartered Companies:- Chartered companies are those companies which are formed under a special charter approved by the Royal Head of the State are called ...
Read MoreThe limitations of sole proprietorship form of organistation led to the formation of another form of organization known as partnership. Definition:- In India, partnership organization is formed and managed by Indian Partnership Act, 1932. Section 4 of ...
Read MoreMeaning:- When the relation between all the partners of the firm comes to an end, this is called dissolution of the firm. Dissolution of partnership is different from the dissolution of firm. When any of the ...
Read MoreMeaning:- Minimum of 2 persons are required to form a partnership and maximum of 10 persons in case of banking and 20 in case of others. These persons are individually known as ‘Partners’ and collectively ...
Read MoreIn Companies, the words ‘Capital’ and ‘Share Capital’ are used interchangeably. The raising of capital by issuing the shares is known as Share Capital. Share Capital is a permanent liability of a company. Memorandum of ...
Read MoreAccording to Indian Partnership Act 1932, registration of partnership is not compulsory as in the case of company. However, registration becomes compulsory as unregistered partnership firm attracts certain limitations. Registration of partnership firm can be ...
Read MoreSole proprietorship is the simplest, oldest and the most natural form of organization. Despite of so many changes in this form of an organization, the popularity of sole proprietorship has never come down. Definition:- The organization ...
Read MoreThe growing needs of business cannot be satisfied with sole proprietorship and partnership. There is a need of some other form of organization to produce the goods on a large scale. Moreover the adoption of ...
Read MoreIt is combination of three words i.e. Management, Information and System. To understand the concept MIS, we try to understand these three words. Management: Various scholars have described ‘Management’ in various ways. But Koontz’s definition is ...
Read MoreAn LLC is a type of business entity which can be formed under Missouri state law by filing articles of organization as an LLC with the Corporations Division of the Missouri Secretary of State's office ...
Read MoreMeaning: - The term Business Environment is composed of two words ‘Business’ and ‘Environment’. In simple terms, the state in which a person remains busy is known as Business. The word Business in its economic ...
Read MoreDefining foreign institutional investors is rather simple, but describing what they do requires more detail. The key to understanding this position/job/person is to clarify each of the three words used. “Foreign” means, of course, that the ...
Read MoreIt may be hard for some people to grasp the idea of negative inflation because this sounds like two completely opposite terms are being used to make up a phrase. To some, “negative inflation” is ...
Read MoreMost people connect John F. Kennedy with the Bay of Pigs invasion since it occurred in 1961 while Kennedy was President of the United States. This is accurate in a historic sense, but there is ...
Read MoreIn its simplest terms, a trade barrier is any government regulation or policy that restricts movement of goods and services between countries (international trade). These barriers to trade come in a number of forms, including ...
Read MoreA key to understanding the North American Free Trade Agreement (NAFTA) is knowing what a free-trade agreement is and what the designers of those agreements want to achieve. A free-trade agreement sets up conditions for ...
Read MoreA free trade agreement provides special conditions for those who are members of the pact between countries. Essentially these conditions apply to import/export quotas and treatment at the customs stations. According to most studies, this ...
Read MoreIn the simplest terms, a bear market is a downward trend that is long term, usually measured in months. The term is generally applied to the stock market and may include some variations, but the ...
Read MoreThe term embargo is most often used in business or in politics, and is often used with the two areas combined. When one nation embargoes another country’s products, for instance, the first country is prohibiting ...
Read MoreEmpowerment has a few synonyms. A word such as commission has been used interchangeably with empowerment to indicate that someone has been given the “commission” to go forward with a task and is authorized to ...
Read MoreThese three letters stand for foreign direct investment. The simplest explanation of FDI would be a direct investment by a corporation in a commercial venture in another country. A key to separating this action from ...
Read MoreUnderstanding economic or technical terms is possible but it sometimes takes breaking the phrase down to the individual parts. This certainly could apply to purchase parity, also known as purchasing power parity. The word “purchase” dates ...
Read MoreDelegation, as a verb, is the act of giving someone else the responsibility, even the power, to do something, whether it is a work task or a non-work task. This is usually applied to situations ...
Read MoreA popular saying is that three things in world are infinite- universe, human stupidity and variability in stock markets. And the last word grabs our attention as we are most familiar with it in our ...
Read MoreIn the business “dictionary” the term corporate social responsibility means that the managers of a company try to make sure that the daily operations of the firm are in line with the social, economic and ...
Read MoreWhile the simple act of sharing resources between friends could rightfully be called a joint venture, the term has come to be associated with large-scale economic activity. When two companies or businesses agree to pursue ...
Read MoreAmong all the words that precede the word “management,” the word “strategic” may refer to the most comprehensive type of managing. A simple definition of strategic management puts emphasis on making sure the business process ...
Read MoreCrisis is defined as a condition that is inherently unstable or dangerous. The term may be applied in almost any sector of society, including economics and politics. In medical terms, a crisis occurs when there ...
Read MoreThe first question might well be: What is considered an asset, for the purposes of determining how to manage that asset? Essentially, asset management is a strictly defined process that deals with hard goods, inventory, personnel ...
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