Community Rating
Finance

Community Rating

Community Rating is a rule that prevents health insurers from varying premiums within a geographic area based on age, gender, health status or other factors.…
Riviera Maya, Mexico
Geography

Riviera Maya, Mexico

Riviera Maya (Spanish pronunciation: ri’βjeɾa ‘maʝa) is an area in Mexico located on the Yucatan Penisula. It is a tourism and resort district south of…
Corner in Commercial World
Finance

Corner in Commercial World

Corner The term ‘corner’ is used in the commercial world. In investing or trading, a corner is an act of one entity obtaining controlling interest…
Activation Energy
Chemistry

Activation Energy

Activation energy The minimum energy which must be available to a chemical system with potential reactants in order to result in a chemical reaction. Activation…
Alluvial Fan
Geography

Alluvial Fan

Definition – Alluvial Fan is a cone-shaped feature in the landscape where silt, gravel, sand, and sometimes boulders, have been deposited. That mix of stuff…
Agency Cost – an Economic Concept
Economics

Agency Cost – an Economic Concept

An agency cost is an internal expense that comes from an agent taking action on behalf of a principal. It is an economic concept concerning…
Contraband
Finance

Contraband

Contraband Contraband refers to property that is illegal to possess or transport. A Goods banned for export or import are called contraband. It is the…
Relational Capital
Management

Relational Capital

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…
Sardinia Island, Italy
Geography

Sardinia Island, Italy

Sardinia (/sɑːrˈdɪniə/ sar-DIN-ee-ə; Italian: Sardegna (sarˈdeɲɲa); Sardinian: Sardigna (saɾˈdiɲɲa) or Sardìnnia (saɾˈdinja); Sassarese: Sardhigna; Gallurese: Saldigna; Algherese: Sardenya; Tabarchino: Sardegna), island and regione (region) of…
Calculation of Liquidator’s Remuneration
Accounting

Calculation of Liquidator’s Remuneration

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…
Scoria Rock
Geographic Minerals

Scoria Rock

Definition – Scoria is a dark-colored igneous rock (or volcanic rock) with abundant round bubble-like cavities known as vesicles. The word scoria comes from the…
Organizational Capital
Finance

Organizational Capital

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…
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