A retirement plan that does not meet the IRS requirement for tax treatments, and as such they do are not considered to be a qualified retirement plan.

Sometimes referred to as a NonStatutory Stock Option , these easy to set up and administer plans offer employer sponsored stock options. However, they are inferior to the incentive stock […]

An abnormal variation that is caused by a few factors, but causes a noticeable defects that are easily detectable. In quality control, these an be identified and eliminated to ensure […]

When upward and downward price movement are not equal.

Documents which do not require to be filled and have no retention value. These can be drafts, memos or a copy for distribution .

A situation under a guarantee to the borrower or seller that an obligationor transaction is without recourse . This absolves the borrower or all blame in the event of loss […]

1. Agricultural Financing: In the event of crop fails or insufficient crops which results in the failing of the collateral, the lender cannot claim the loan amount from the borrower. […]

A loan that get repaid based on the success of the project.

One time charges that are levied on goods and services.

Costs such as initial investments, losses, moving expenses that are bound to occur only once in the usual course of operation for a business.

One time sales of assets, or insurance settlements that are unique in nature and unlikely to occur again during the normal course of operation for a business.

A bond that can’t be redeemed in any alternate form.

A ticket that prohibits monetary compensation when returned, but can be refunded for a fee.

Natural resources such as gas, coal, etc that can be consumed only once and hence are irreplaceable. Currently, most of the energy resources that we use are non-renewable. The renewable […]

1. General: The intention to be liable to one’s obligation according to a contract and expect the the obligee to honor the contract with performance deliverence. 2. Electronic Commerce: Be […]

the writ by reason of any liberty, because there are many liberties or districts in which the sheriff has no power to execute process unless he has special authority . […]

One who is not a dweller within some jurisdiction in question; not an inhabitant of the state of the forum. Gardner v. Meeker, 1G!) 111. 40, 48 N. E. 307; […]

A company that is located in an area which is given the status of a nonresident for tax purposes.

A loan that is used to purchase nonresidential property such as an office building or a factory.

A writ, addressed to a bishop, charging him not to molest a clerk employed in the royal service, by reason of his non- residence; iu which case he is to […]

A bid that fails to satisfy the specifications of an invitation to propose, bid,etc.

Errors which are caused by a lack in the clarity of data, inaccurate sampling methods, or failure to meet specifications. Poorly designed surveys, unprofessional selection of procedures and improper allocation […]

As “sane,” when applied to the mind, means whole, sound, in a health- ful state, “non-sane” must mean not whole, not sound, not in a healthful state; that is, broken, […]

A government owned firm or municipality without the guarantee of government backing on obligations.

Transaction specific cost elements that increase the cost estimates on a casebycase basis.