Dissimilarity between Amalgamation and Absorption
The dissimilarity between Amalgamation and Absorption Amalgamation is the legal process, in which two or more companies combine themselves to form a new company. Absorption…
Business
Depository Transfer Check (DTC)
A Depository Transfer Check (DTC) is used by a designated collection bank to deposit a corporation’s daily receipts from various locations, and it is also…
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…
Information and Communication Technology
Information and Communication Technology (ICT) is the infrastructure and components that enable modern computing. In one word communication as well as business communication is motionless…
Features of Amalgamation
Features of Amalgamation Amalgamation is defined as a combination of one or more companies into a new entity. It is an arrangement where two or…
Validation Code
A validation code also referred to as a CVV, CV2, or CVV2 code is a sequence of three or four numbers issued on the front…
Non-Qualified Stock Option (NSO)
A type of stock option used by employers to reward and motivate employees is a non-qualified stock option (typically abbreviated as NSO or NQSO). It…
Requisition of Resolutions
Requisition of Resolutions A resolution is only deemed received when all documentation, necessary to evidence the legal requirements, is received validly by the Company. A…
Concept of Amalgamation
Concept of Amalgamation An amalgamation is a combination of two or more companies into a new entity. When two or more companies carrying on similar…
Employee Morale
Employee morale or workplace morale is described as an employee’s overall satisfaction, outlook, and feelings of well-being in the workplace. It has been shown to…
Employee Savings Plan (ESP)
A pooled investment portfolio that is sometimes matched by an employer is an employee savings plan (ESP). It is provided by an employer who requires…
Employee Stock Purchase Plan (ESPP)
A tax-efficient Employee Stock Purchase Plan (ESPP) refers to a stock scheme that requires participating employees to purchase the stock of their company at a…
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