Tooltip Categories: Economics & Finance

correspondent bank

Financial institution that provides services on behalf of another, equal or unequal, financial institution and are more likely to be used to conduct business in

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cost

The price paid or required for acquiring, producing, or maintaining something, usually measured in money, time, or energy; expense or expenditure; outlay. (source: http://www.wordreference.com/definition/cost)

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cost estimating

In construction, the act of predicting the total costs of labor, materials, capital, and professional fees required to construct a proposed project. (Read more: http://www.answers.com/topic/cost-estimating#ixzz2ZnSQO4RI)

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cost of living index

A theoretical price index that measures relative cost of living over time or regions. It is an index that measures differences in the price of

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corporate identity

The way an organization is presented to or perceived by its members and the public. (source: http://www.collinsdictionary.com/dictionary/english/corporate-identity)

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corporate image

Mental picture that springs up at the mention of a firm’s name. It is a composite psychological impression that continually changes with the firm’s circumstances,

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corporate purpose

General objectives of a firm, as listed in its articles of incorporation or memorandum of association. (source: http://www.businessdictionary.com/definition/corporate-purpose.html#ixzz2S3dDCGsO)

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corporate sponsorship

a form marketing in which a corporation pays for all of some of the costs associated with a project or program in exchange for recognition.

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