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Account Current It is a statement of transactions in a debit and credit form between a seller and his customer. It is a statement of transactions…

Accommodation Bill An Accommodation Bill is one, which is drawn and accepted solely with the object of obtaining temporary financial accommodation by the process of…

Abandonment An abandonment clause in a property insurance contract, under certain circumstances, permits the property owner to abandon lost or damaged property and still claim…

Account Sales This is a statement supplied by an agent or a consignee who sells goods on behalf of the consignor. It is a report…

Quasi Partner A partner who after retirement from partnership business loans his capital in the firm and receives interest thereon varying with-profits is known as…

Erythropoietin, or Erythropoetin (EPO) is a hormone produced by the kidneys. Epoetin is a synthetic version. It plays a key role in the production of…

The Tower of London, officially Her Majesty’s Royal Palace and Fortress of the Tower of London is a 900-year-old castle and fortress in central London…

The Sympathetic nervous system is part of the autonomic nervous system. It becomes more active when you are stressed. It directs the body’s rapid involuntary…

The parasympathetic nervous system (PNS or PSNS) is part of the autonomic nervous system. It is organized in a manner similar to the sympathetic nervous…

The autonomic nervous system (ANS) controls the conditions inside the body. It regulates certain body processes, such as blood pressure and the rate of breathing.…

The enteric nervous system (ENS) is a part of the peripheral nervous system. It controls the reflexes of the gastrointestinal system. It along with the…

Guarantee of Minimum Profit to a New Partner A guarantee means the surety of a particular amount of profits by one or more partners and…