Business

Double Entry System The double entry system of bookkeeping is the art of recording the two-fold aspects (viz every debit must have a corresponding credit…

The marketplace determines share prices. While seller supply and buyer demand meet in the market, there is no perfect equation that lets investors know exactly…

Documentary Bill A bill with which shipping documents like a bill of lading, an insurance policy, invoice, etc. are enclosed is known as a ‘documentary…

Documentary Credit Documentary credit means the same thing as “letter of credit”. This is one of the varieties of letter of credit which requires the…

Methods of Valuation of Shares Valuation of shares is the process of determining the fair value of the company shares. The methods of valuation depend…

Agent-based computational economics (ACE) is the area of computational economics that studies economic processes, including whole economies, as dynamic systems of interacting agents. It is…

Dock Warrant is a customhouse license or authority. It is an important document used in foreign trade. This document is given by the owner of…

Computational economics is a research discipline at the interface of computer science, economics, and management science. It is rapidly evolving into an independent branch in…

Partnership Agreement is a contract between partners in a partnership that sets out the terms and conditions of the relationship between the partners. It is…

A dividend is a share of profits and retained earnings that a company pays out to its shareholders. It denotes a share of profits of…

A macroeconomic model is an analytical tool designed to describe the operation of the problems of the economy of a country or a region. They…

Dies Non It is a non-business day. It is a day on which no legal business can be done, or which does not count for…