Business

Discount denotes a deduction allowed to a person for payment before the due date or a deduction from the invoice price allowed to a buyer…

Concept of Partnership Business A partnership is a formal arrangement by two or more parties to manage and operate a business and share its profits.…

Statistical finance is the application of econophysics to financial markets. It is a method of collecting and analyzing numerical data. Instead of the normative roots…

Financial econometric is the application of statistical methods to financial market data. It is an active field of integration of finance, economics, probability, statistics, and…

Demurrage is fine, which is charged, by the owner of the ship or by the railway company for the delay in loading or unloading beyond…

Depreciation is a reduction in the value of an asset over time, due in particular to wear and tear. It is the gradual and permanent…

Fluctuating Capital Account of Partners Fluctuate means anything having unpredictable ups and downs. Under this method of keeping partners’ capital account, only one capital account of…

Del Credre Commission It is an additional premium charged by a factor or an agent in consideration of which he guarantees the payment of the…

Deflation is the general decline in the price level of goods and services. It signifies a deliberate reduction in the amount of money in circulation…

Fixed Capital Account of Partners Under the fixed nature of capital, the capital of each partner remains constant from the start of partnership till at…

Deficit financing is the budgetary situation where expenditure is higher than the revenue. It denoted financing public development expenditures in excess of the normal revenue…

Deferred Rebate is a rebate offered by a supplier of goods or services to customers on the understanding that further goods and services are purchased…