Filter by Categories
Accounting
Banking

Shrinkage

An umbrella term that is usually used by retailers for inventory lost via clerical error, damage, shoplifting., or even employee...

Scrip

A privately issued certificate, receipt, or note such as an IOU note or credit voucher that allows its holder to...

Zombie

A company that is still going on even though it is financially unable to remain in business for long. In...

Outreach Meeting

A collaborative meeting that is held by a business entity (e.g., banks, firms, etc.) or non-business entity (e.g. public sector...

Absorbed Cost

A cost that is actually borne by a business rather than passed on to its customers. Therefore, it is typically...

Open Account

A sale transaction where the goods are shipped and delivered, while payment is deferred for a future date, which is...

Inventory Credit

The use of inventory as collateral to raise finance in lieu of traditional types of collateral such as land or...

Ecological Niche

A business strategy that aims at gaining a practical monopoly in a niche (i.e., a small or specialized area). A...

Black Friday

The day following Thanksgiving Day in the United States which marks the beginning of the Christmas shopping season. On this...

Bleeding Edge

A technology, product or service that is so new or ahead of its time that it may end up failing...