A specification that is not standard or unique that will not allow any competitors to bid for a commmodity.

A fundamental and sometimes drastic change that will alter the relationships within a company or with other companies.

A fee is needed to be paid when a compoany is restructured or goes through a change in the business operations.

In law, a thing is said to result when, after having been ineffectually or only partially disposed of, it comes back to its former owner or his representatives. Sweet.

An implied or constructive trust that is created by the trustorthat is not lawful.

The presentation in a formal document or form of a person’s employment history and any skills they possess.

In practice . A second summons. The calling a person a second time to answer an action, where the first summons is defeated upon any occasion; as the death of […]

In old English law . The taking again into the king’s hands such lands or tenements as before, upon false suggestion, or other error, he had delivered to the heir, […]

Where copyhold land has been mortgaged by surrender, and the mortgagee has been admitted, then, on the mortgage debt being paid off, the mortgagor is entitled to have the land […]

To sell by small parcels, and not in the gross. To sell in small quantities. State v. Lowenhaught, 11 Lea (Tenn.) 13; Bridges v. State, 37 Ark. 224; McArthur v. […]

The study of selected retail outlets providing a service based on subscription to market research firms. They will gather information ona brand’s volume of sales, trends in sales, levels of […]

Banking services such as savings accounts, credit cards, loans that are provided for individuals. See Consumer banking. See coprorate banking and wholesale bankinh.

The purchase of high priced items on credit. Often with no or a low initial payment and higher than usual rates of interest.

The estimated value at the end of an inventory procedure that is based on retail price and cost. Includes the following steps: (1) maintaining detailed records of stock and prices, […]

Any investor in the process of selling interests direct to consumers.

The determination of the amount of profit in relation to the amount of goods sold.

A measurement of inflation using the retail prices of the cost of living including tax charted over a period of time. Two other measurements

Spending patterns of consumers that is based on retail sales of goods that will last more than 3 years and those that will last less than 3 years.

A person or business selling goods to the public as against a person or business selling to another business.

A commercial transaction where a person buys goods or services for use at home.

In practice . To engage the services of an attorney or counsellor to manage a cause. See RETAINER, 2.

The portion of monies kept aside until a project is completed in all aspects according to the contract.

After all dividends are paid to investors, the earned surplus/undistributed earnings comprise the net earnings that will become the companies equity. AKA earned surplus and undistrinuted earnings. Refer to paid […]

1. The right of retainer is the right which the executor or administrator of a deceased person has to retain out of the assets sufficient to pay any debt due […]

Clause stating now much insurance a ceding company will retain.