The advantage gained by gaining knowledge instead of depleting natural resources .

A blood borne disease where T cells attack the immune system. It eventually leads to death.

When an external firm is hired to gain knowledge.

David McClelland’s thoery that life experiences change needs over time. The three groups are achievement, affiliation , and power. Each person identifies with one of these needs based on past […]

The rights that weren’t possessed originally but were acquired through the activity of the person.

Uncapitalized worth of a company pooling interest.

The party gainig possession of a property. Refer to acquisition .

A bank that processes card sales transfering the money to the merchants account.

A nonbank that processes card sales transfering the money into the merchants account.

The purchase of one company by another in order to fulfill particular strategic goals related to revenues, market share , product/ service offerings, or competition . An acquisition may be […]

The way a financial statement used to purchase a firm. The price is decided from this report. Any excess value is put in a good will fund.

The amount paid over the book value of a firm when it is purchased.

The penalty made for paying off a loan before the due date.

The cost associated with marketing and writing new INSURANCE business, generally comprised of AGENT commissions , UNDERWRITING expenses, fees, and marketing support costs . A portion of these costs may […]

Administrative costs including acquiring credit reports, proofing the paperwork, identifying proper insurance coverage etc. When a lease is set up.

Funds acquired to purchase an additional business immediately usually repaid with shares or interest from the company purchased.

The terms of a large scale purchase of a company outlining legal and financial expectations when there will be a downscaling of positions and technologies that will keep the shareholders […]

Funds obtained from a firm to acquire real estate that is usually separate from the construction loan . Refer to acquisition , development , and Construction (ADC).

A code that identifis a book in a library. Refer to accession number .

A plan that guarantees a smooth and efficient transaction between a buyer and a seller.

When buying a company the cost paid is higher than the usual stock price. The premium may readjust if market fluctuations effect fair price.

A contract identifying milestones of a particular endeavor looking at benefits, costs, performance parameters, and the time line.

Moneys obtained after a developer finds clients who will commit to leasing, that enable the company to obtain real estate and totally develop that piece of property with all necessary […]

When a person accused of a crime is legally freed by a court generally as a result of lack of evidence. This decision cannot generally be appealed unless in a […]

The final premium payment and discharge of a fully paid loan documented by a receipt from the mortgagee.