Difference between Conventional and Non-conventional Sources of Energy Energy is one of the major parts of the economic infrastructure, being the basic input needed to sustain economic growth. Energy implies the capacity or…
Freight On Board (FOB) Freight on Board (FOB) is a concept in international commercial law that defines at what point, under the International Commercial Terms (also known as Incoterms)…
Public-benefit corporations – a specific type of corporation Public-benefit corporations – a specific type of corporation Incorporating your business as a Public Benefit Corporation (PBC) means you can include public good as part…
Government Monopoly – in economics Government Monopoly is a situation in which the government owns and controls a particular industry and there is no competition. In economics, a government monopoly…
Statutory Monopoly – a legal monopoly Statutory Monopoly – a legal monopoly A legal monopoly, statutory monopoly, or de jure monopoly is a monopoly that is protected by law from the…
Distribution Waterfall A distribution waterfall is a common concept for investing in private equity; it is a mechanism by which the fund’s capital is divided between the…
Coercive Monopoly – in economics and business ethics Coercive Monopoly – in economics and business ethics In economics, a coercive monopoly is a form of monopoly in which a firm maintains its status…
Capital Gain (Definition, Types) Capital gain is an economic term that is an improvement in the value of an asset or investment arising from an asset or investment’s price…
Capital Growth Capital Growth is an economic concept and its approach aims to optimize the long-term capital appreciation of an investment portfolio through asset allocation targeting high-projected…
Government-granted Monopoly in economics In a government-granted monopoly, business decisions are made by a private firm. In a government monopoly, decisions are made by a government agency. In economics,…
Contestable Markets in economics The theory of contestable markets is associated with the American economist William Baumol. In economics, the theory of contestable markets, associated primarily with its 1982…
Electronic Fund Transfer Act (EFTA) Originally passed in 1978, the Electronic Fund Transfer Act (EFTA) is a United States consumer protection statute that sets out the rights, obligations, and liabilities…