Business

Relational capital is a type of intangible asset established by a business based on its reputation and relationships with stakeholders. It is one of the…

Calculation of Liquidator’s Remuneration Usually, the remuneration consists of a commission on assets realized plus a commission on the amount paid to unsecured creditors. When…

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…

Intellectual capital is a business asset, although measuring it is a very subjective task. It is the intangible value of a business, covering its people (human…

Concept of Consignment of Goods Consigned goods are products not owned by the party in physical possession of them. Maximization of profit is the main…

Free market is a summary term for an array of exchanges that take place in society. Each exchange is undertaken as a voluntary agreement between…

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…

Community of Interest It refers to a group of persons having stakes or interests in something. It is a common grievance, interest, or other similarities…

Difference between Consignment and Sales Consignment can not be treated as sales of goods. When the goods are delivered to the agent by the owner…

Opportunity Cost is an economics term that refers to the value of what you have to give up in order to choose something else. When…

Enterprise value (EV) or firm value (FV) is an economic measure reflecting the market value of a business (i.e. as distinct from market price). It…