Entrepreneurship

  1. Generic Brand

    A generic brand is a type of consumer product that lacks a widely recognized name or logo because it typically isn't advertised. ...
  2. Indirect Sales

    Indirect sales are the sale of a good or service by a third-party, such as a partner or affiliate, rather than a company's ...
  3. Bitcoin Vs. Litecoin: What's The Difference?

    Litecoin is often referred to as "the silver to Bitcoin's gold." But what is Litecoin, and how does it compare to its more ...
  4. Bait and Switch

    Bait and switch is a sales tactic that lures customers with low prices on unavailable items with the aim of upselling them ...
  5. Corporate Refinancing

    Corporate refinancing is the process through which a company reorganizes its financial obligations by replacing or restructuring ...
  6. Cramdown

    A cramdown is the imposition of a bankruptcy reorganization plan by a court despite any objections by certain classes of ...
  7. Incentive Distribution Rights (IDR)

    Incentive distribution rights (IDR) give a general partner an increasing share of a limited partnership's incremental distributable ...
  8. Advertising Budget

    An advertising budget is estimate of a company's promotional expenditures over a certain period of time.
  9. Cobranding

    Cobranding is a marketing strategy that utilizes multiple brand names on a good or service as part of a strategic alliance. ...
  10. Bailee's Customers Insurance

    Bailee's customers insurance provides coverage for the legal liability of damage or destruction of a bailor's property while ...
  11. Wellness Program

    Wellness programs aim to improve employee health with company-sponsored exercise, weight-loss competitions, educational seminars ...
  12. "A" Round Financing

    When startups pursue the next level of funding after seed capital, they typically seek "A" round financing.
  13. Boiler And Machinery (BM) Insurance

    Boiler And Machinery Insurance (BM) provides coverage for physical damage to and financial loss from equipment breakdown.
  14. Aggregate Stop-Loss Reinsurance

    In aggregate stop-loss reinsurance, losses over a specific amount are covered solely by the reinsurer and not by the ceding ...
  15. Strategic Gap Analysis

    Strategic gap analysis is an evaluation of the difference between desired outcome and actual outcome, and what must be done ...
  16. Redlining

    Redlining is an unethical practice that puts services (financial and otherwise) out of reach for residents of certain areas ...
  17. Estimated Recovery Value (ERV)

    Estimated recovery value (ERV) is the projected value of an asset that can be recovered in the event of liquidation or winding ...
  18. Publicly Traded Partnership (PTP)

    A publicly traded Partnership (PTP) is business organization owned by two or more co-owners that is regularly traded on an ...
  19. LLC Operating Agreement

    An LLC Operating Agreement is a document that customizes the terms of a Limited Liability Company according to the specific ...
  20. Supply Management

    Supply management is the act of identifying, acquiring and managing the resources and suppliers that are essential to the ...
  21. Mothballing

    Mothballing is the deactivation and preservation of equipment or a production facility for possible future use or sale.
  22. Collision Damage Waiver (CDW)

    Collision damage waiver (CDW) is additional insurance coverage offered to an individual renting an automobile.
  23. Closed Corporation

    A closed corporation is a company whose shares are held by a select few individuals who are usually closely associated with ...
  24. Political Risk Insurance

    Political risk insurance provides financial protection to investors, financial institutions and businesses that could lose ...
  25. Captive Agent

    A captive agent is an insurance agent who only works for one insurance company.
  26. Umbrella Insurance Policy

    An umbrella insurance policy provides extra liability insurance coverage that goes beyond the limits of the insured's home, ...
  27. Actuarial Service

    Actuarial service is one way corporations determine, assess and plan for the financial impact of risk.
  28. Cession

    Cession refers to the portions of obligations in an insurance company's policy portfolio that are transferred to a reinsurer.
  29. Period Of Indemnity

    The period of indemnity is the length of time for which benefits are payable under an insurance policy.
  30. Own-Occupation Policy

    An own-occupation policy covers individuals who become disabled and can't perform what they have been trained to perform.
  31. Accepting Risk

    Accepting risk occurs when a business acknowledges that the potential loss from a risk is not great enough to warrant spending ...
  32. Heads of Agreement

    Heads of agreement is a non-binding document that outlines the basic terms of a tentative partnership agreement or transaction.
  33. Business Relations

    Business relations are the connections that exist between all entities that engage in commerce.
  34. Digital Marketing

    Digital marketing is the use of the internet, mobile devices, social media, search engines, display advertising and other ...
  35. Phantom Income

    Phantom income is money that is never received by a partnership or individual but is still taxable.
  36. How Business Owners Can Benefit From Remote Employees

    Remote employees can work remotely full-time or part-time. This option is a desirable perk and increases your candidate pool. ...
  37. De-Merger

    A de-merger is a corporate restructuring in which a business is broken into components, either to operate on their own, to ...
  38. Roll-Up Merger

    A roll-up merger is when an investor, such as a private equity firm, buys up companies in the same market and merges them ...
  39. Social Good

    A social good is an act that benefits the largest number of people in the largest possible way, such as clean air, clean ...
  40. Reciprocal Insurance Exchange

    Reciprocal insurance exchanges are where individuals and businesses exchange insurance contracts to spread the risk among ...
  41. Musharakah

    Musharakah is a joint enterprise or partnership structure in Islamic finance in which partners share in the profits and losses ...
  42. Emergency Planning for Small Business Owners

    Every small business needs a contingency plan in place to prepare for an unexpected emergency.
  43. Brand Recognition

    Brand recognition is the extent to which the general public (or an organization's target market) is able to identify a brand ...
  44. Headhunter

    A headhunter is a corporation or individual that provides employment recruiting services.
  45. Bitcoin Vs Ethereum: Driven by Different Purposes

    The popularity and rising market capitalization of Ether brings it in competition with all cryptocurrencies, especially from ...
  46. Terms of Employment

    Terms of employment are conditions that an employer and employee agree upon for a job.
  47. Risk Financing

    Risk financing is the determination of how an organization will pay for loss events in the most effective and least costly ...
  48. You Can Save for College and Grow Your Business

    If you are an entrepreneur, it can be hard to decide where to put your money - towards your business or your child's education. ...
  49. Lean Six Sigma

    Lean Six Sigma is a team-focused managerial approach that seeks to improve performance by eliminating waste and defects.
  50. Consortium

    A consortium is a group made up of two or more individuals, companies or governments that work together toward achieving ...
Save Money
  1. 5 Ways To Make Your Home Remodels Pay Off

    Here are five ways to make your home renovation worth the money and effort you put into it.
  2. Differences Between Private Foundations And Public Charities

    Here's a look at the differences between these types of charitable organizations.
  3. How To Monetize Your YouTube Channel

    YouTube's Partner Program helps users earn money through their channels. Find out how.
  4. The World's Most Valuable Private Companies

    In spite of the rewards going public can bring, some companies prefer to remain private, and they are very successful in this.
  5. Is Cyber Monday The New Black Friday?

    Cyber Monday is becoming more popular than Black Friday. Here's why.
Hot Definitions
  1. Bubble

    1. An economic cycle characterized by rapid expansion followed by a contraction. 2. A surge in equity prices, often more ...
  2. Swap

    A swap is a derivative contract through which two parties exchange financial instruments, such as interest rates, commodities, ...
  3. Yield Curve

    A yield curve is a line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but ...
  4. Gross Profit

    Gross profit is the profit a company makes after deducting the costs of making and selling its products, or the costs of ...
  5. Risk Tolerance

    The degree of variability in investment returns that an individual is willing to withstand. Risk tolerance is an important ...
  6. Donchian Channels

    A moving average indicator developed by Richard Donchian. It plots the highest high and lowest low over the last period time ...
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