Tooltip Categories: Economics & Finance

public offering of shares

The sale of equity shares or other financial instruments by an organization to the public in order to raise funds for business expansion and investment.

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property tax [IBI]

A levy on property that the owner is required to pay. The tax is levied by the governing authority of the jurisdiction in which the

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prorate

To divide, assess, or distribute (something) proportionately (source: http://www.wordreference.com/definition/prorate)

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protectionism

The economic policy of restraining trade between states through methods such as tariffs on imported goods, restrictive quotas, and a variety of other government regulations

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provision (accounting)

Provision is an amount set aside out of profits in the accounts of an organisation for a known liability (even though the specific amount might

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promissory notes

A promissory note is a financial instrument that contains a written promise by one party (the note’s issuer or maker) to pay another party (the

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promoter (business)

A person who helps to organize, develop, or finance an undertaking. (source: http://www.wordreference.com/definition/promoter)

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