Business

Special resolution means a resolution that needs a clear majority to approve the resolution at the general meeting. It is a resolution of the company’s…

Concept of Holding Company A holding company is a business entity—usually a corporation or limited liability company (LLC). The creation of the relationship of holding…

Employee retention is a practice in which workers tend to continue on with their current business and do not actively search for other job opportunities.…

Insurance is a compulsory method of laying by something as a provision against the future. It carries some degree of insurance security against adverse circular…

Accepting risk, or risk acceptance is a concept in which a person or organization identifies risk and makes it appropriate, making no attempt to minimize…

Ordinary Resolution An ordinary resolution is a method by which members approve routine company decisions, traditionally in general meetings. Most company decisions are made by…

Inflation means an increase in the general level of prices. When prices for energy, food, commodities, and other goods and services rise, the entire economy…

One of the key genres of financial risk is reinvestment risk; it refers to the probability that an investor may not be able to reinvest…

A deposit certificate (CD) is a time deposit; it refers to a financial product offered by financial institutions such as banks and credit unions, which…

The gross operating surplus is the balance of the trading account for productive units. In the national accounts, gross operating surplus (GOS) is the portion…

Registration of Resolution A resolution is the final form of a decision taken at a meeting by voting on a motion, with or without amendment.…

A demand deposit (or non-confidential money) is a bank account that allows the depositor to withdraw funds without warning to the bank on request. In…