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January 8th, 2009Financial Law, Government & MoneyAccording to wikipedia corporate governance means the set of procedures, customs, guidelines, regulation and institutions affecting the way a corporation is directed, managed.
Tags: Business, corporate governance, corporate governance definition, definition of corporate governance, fine, meaning of corporate governance
It is a type of system by which corporate business houses are controlled and directed. Corporate governance includes law responsibilities as well as social, environmental and moral responsibilities.
As defined by corporate charter corporate governance [...] -
January 6th, 2009Government & MoneyThe term government funded research is used to describe scientific studies which are paid for by the government. During the Second World War, the governments of each side invested heavily in scientific research in order to try and develop technologies which would give them an advantage in the war. Technologies such as radar, rockets, jet [...]
Tags: ach, definition of government funded research, finance, government, meaning of gfr, meaning of government funded research, profit -
December 29th, 2008Government & MoneyBuilding Societies were originally created in the United Kingdom to help poorer people construct homes for themselves. Members of the society would pool their savings within the organisation. When sufficient funds had been accumulated to purchase or construct a home, the money would be transferred to one member of the society. The process would continue [...]
Tags: bank, banks, finance, financial, financial service, Financial Services, money, purchase, services -
December 18th, 2008Economy, Government & MoneyGross national income (GNI) is a measure of a country’s wealth. Many such measures exist, all varying slightly in how they are calculated. Gross Domestic Product is the most widely cited measured of national wealth. Gross National Income is an alternative measure which is very similar to Gross Domestic Product. Gross National Income is calculated [...]
Tags: ach, definition of GNI, definition of gross national income, economic, finance, gross domestic product, information about GNI, information about gross national income, information on GNI, information on gross national income, meaning of GNI, meaning of Gross National Income, wealth, what is GNI, what is gross national income -
December 15th, 2008Banking, Government & MoneyA high-yield bond is a debt instrument which is judged to carry a high risk of default and therefore attracts an interest rate premium from the bond issuer to compensate to the perceived higher risk. Bonds are issued by companies when they need to raise money. The creditworthiness of each company, and therefore any bonds [...]
Tags: account, ach, asset, bank, credit, debt, definition of high yield bond, finance, financial, information about high yield bond, interest, interest rate, money
