Small Business

  1. Misselling

    Misselling is a sales practice in which a product or service is deliberately misrepresented or a customer is misled about ...
  2. Salary Freeze

    A salary freeze refers to when a company suspends salary or wage increases for a period of time, typically due to financial ...
  3. Hurdle rate versus high water mark: What the difference?

    Understand how hurdle rates and high water marks are used by hedge funds for calculating incentive or performance fees charged ...
  4. Percentage Change

    Percentage change is a simple mathematical concept that represents the degree of change over time.
  5. Peer-to-Peer (P2P) Service

    A peer-to-peer (P2P) service is a decentralized platform whereby two individuals interact directly with each other, without ...
  6. Genuine Progress Indicator (GPI)

    A genuine progress indicator is a metric used to measure the economic growth of a country. It is an alternative metric to ...
  7. Current Transfers

    Current transfers are current account transaction in which a resident entity in one nation provides a nonresident entity ...
  8. Mercantile Safe Burglary

    Mercantile safe burglary refers to Insurance coverage for money, securities, and other assets that are stolen from a safe ...
  9. Materials Requirements Planning (MRP)

    Materials requirements planning is one of the first software-based integrated information systems designed to improve productivity ...
  10. Limited Liability Company - LLC

    A limited liability company (LLC) is a corporate structure whereby the company members cannot be held personally liable for ...
  11. Capital Asset Pricing Model - CAPM

    Capital Asset Pricing Model (CAPM) is a model that describes the relationship between risk and expected return and that is ...
  12. How does accrual accounting differ from cash basis accounting?

    The accrual and cash-basis methods recognize revenue and expenses at different times. In this article, we analyze the advantages ...
  13. Revolving Door

    Revolving door refers to the movement of high-level employees from public sector jobs to private sector jobs and vice versa. ...
  14. Business Credit Card

    A business credit card is a credit card intended for use by a business rather than for an individual’s personal use. Business ...
  15. Facility Operations

    Facilities operations refers to the management of all of the processes, people and assets required for facility to do what ...
  16. Corporate Headquarters

    A corporate headquarters is place where a company's executive management and key managerial and support staff are located. ...
  17. Uniform Partnership Act (UPA)

    The Uniform Partnership Act (UPA) provides governance for business partnerships in several U.S. states.
  18. Masterbrand

    A masterbrand is a specific overarching brand name that serves as the main anchoring point on which all underlying products ...
  19. Zero-Cost Strategy

    Zero cost strategy refers to a trading or business decision that does not entail any expense upon execution.
  20. Click-Through Rate (CTR)

    Click-through rate (CTR) is the percentage of individuals viewing a web page who click on a specific advertisement that appears ...
  21. Asset Stripping

    Asset stripping is the process of buying an undervalued company with the intent of selling off its assets to generate a profit ...
  22. Request for Application (RFA)

    A request for application (RFA) is a type of solicitation notice in which an organization announces that grant funding is ...
  23. Quid Pro Quo

    Quid pro quo, Latin for "something for something," is used to describe when two parties engage in a mutual agreement to exchange ...
  24. Capital Addition

    Capital addition is the cost involved for adding new assets or improving existing assets within a business.
  25. Profits Interest

    Profits interest refers to an equity right based on the future value of a partnership awarded to an individual for their ...
  26. Payroll Deduction Plan

    A payroll deduction plan refers to when an employer withholds money from an employee's paycheck for a variety of purposes, ...
  27. Dealer Incentive

    A dealer incentive is a financial inducement used by manufacturers to motivate dealers to sell a particular product by offering ...
  28. Price Rigging

    Price rigging is an illegal action that occurs when parties conspire to fix or inflate prices to achieve higher profits at ...
  29. Mobile First Strategy

    Mobile first strategy is trend in website development where designing a website for smartphones, tablets and mobile devices ...
  30. Ex Gratia Payment

    An ex gratia payment is made to an individual for damages or claims, but it does not require the admittance of liability ...
  31. Comparative Advertising

    Comparative advertising is a marketing strategy in which a company's product or service is presented as superior when compared ...
  32. Employee Buyout (EBO)

    An employee buyout (EBO) may refer to a restructuring strategy in which employees buy a majority stake in their own firm ...
  33. Joint Liability

    Joint liability denotes the obligation of two or more partners to pay back a debt or be responsible for satisfying a liability.
  34. Lehman Brothers

    Lehman Brothers was a global financial services firm whose bankruptcy in 2008 was largely caused by — and accelerated — the ...
  35. Engagement Letter

    An engagement letter is an agreement defining the legal relationship between a client and professional company.
  36. Stalking-Horse Bid

    A stalking-horse bid is the initial bid on a bankrupt company's assets from an interested buyer chosen by the bankrupt company. ...
  37. Commercialization

    Commercialization is the process by which a new product or service is introduced into the general market.
  38. Payment Gateway

    A payment gateway refers to the front-end technology that reads payment cards and sends customer information to the merchant ...
  39. Carbon Credit

    A carbon credit is a permit allowing the emission of carbon dioxide or other greenhouse gases with a mass equal to one ton ...
  40. Brand Extension

    Brand extension, also known as brand stretching, is the use of a well-established brand name for a new product or new product ...
  41. What are examples of cost of goods sold (COGS) for businesses that sell through eBay or Etsy?

    Read how online retailers that operate through eBay or Etsy can list certain expenses as cost of goods sold and even claim ...
  42. Cult Brand

    A cult brand refers to a product or service that has a loyal customer base that approaches fanaticism.
  43. Company

    A company is a legal entity formed by a group of individuals to engage in and operate a business enterprise.
  44. Hiring Freeze

    A hiring freeze is when an employer temporarily halts non-essential hiring to reduce costs — usually when an organization ...
  45. Equilibrium

    Equilibrium state in which market supply and demand balance each other, and as a result, prices become stable.
  46. Market Depth

    Market depth is the market's ability to sustain relatively large market orders without impacting the price of the security.
  47. Peer-to-Peer (P2P) Economy

    A peer-to-peer economy is a decentralized model whereby two parties interact to buy or sell directly with each other, without ...
  48. Factor Market

    A factor market is a marketplace for the services of a factor of production.
  49. Six Sigma certification

    Six Sigma certification is a process of verification of an individual's command of the Six Sigma methods and techniques using ...
  50. Telemarketing

    Telemarketing is the direct marketing of goods or services to potential customers over the telephone, internet or fax.
Hot Definitions
  1. Financial Industry Regulatory Authority - FINRA

    A regulatory body created after the merger of the National Association of Securities Dealers and the New York Stock Exchange's ...
  2. Initial Public Offering - IPO

    The first sale of stock by a private company to the public. IPOs are often issued by companies seeking the capital to expand ...
  3. Cost of Goods Sold - COGS

    Cost of goods sold (COGS) is the direct costs attributable to the production of the goods sold in a company.
  4. Profit and Loss Statement (P&L)

    A financial statement that summarizes the revenues, costs and expenses incurred during a specified period of time, usually ...
  5. Monte Carlo Simulation

    Monte Carlo simulations are used to model the probability of different outcomes in a process that cannot easily be predicted ...
  6. Price Elasticity of Demand

    Price elasticity of demand is a measure of the change in the quantity demanded or purchased of a product in relation to its ...
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