Finance

Dead Freight is payable on cargo agreed by charterers to be shipped but not actually shipped. It is the freight, which is paid by the…

Days of Grace means, days permitted by custom for payment of a promissory note, bill of exchange, etc, after it falls due. These are the…

Cum-Dividend Cum-Dividend is means with dividend, i.e. any person buying shares of stock of an issuer before ex-dividend date is entitled to the dividends declared…

An intangible asset is an asset that lacks physical substance; in contrast to physical assets, such as machinery and buildings, and financial assets such as…

Credit Note is a receipt given by a shop to a customer who has returned goods, which can be offset against future purchases. It is…

Cognitive assets are tangible and intangible organizational assets that constitute sources of the cognition that is necessary for action coordination. These are an asset is…

Community Rating is a rule that prevents health insurers from varying premiums within a geographic area based on age, gender, health status or other factors.…

Corner The term ‘corner’ is used in the commercial world. In investing or trading, a corner is an act of one entity obtaining controlling interest…

Contraband Contraband refers to property that is illegal to possess or transport. A Goods banned for export or import are called contraband. It is the…

Organizational capital is the value to an enterprise that is derived from organization philosophy and systems which leverage the organization’s capability in delivering goods or…

Consular Invoice An invoice signed by the Trade Commissioner or commercial Attache is called a consular invoice. It is a document certifying a shipment of…

Contango The term ‘contango’ is used in the Stock Exchange. It is the normal situation in which the spot or cash price of a commodity…