Economics & Finance | Françoise Clementi

profit margin

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Profit margin = sales – cost of products. The ratio of profitability = net profits / sales.

Nonprofit organization seeking to further a particular profession, the interests of individuals engaged in that profession, and the public interest. (source: http://en.wikipedia.org/wiki/Professional_association)

professional ethics

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A set of standards adopted by a professional community. Professional ethics are regulated by standards, which are often referred to as codes of ethics. (source:

professional fees

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A charge for services rendered. (source: http://www.investorwords.com/1922/fee.html)

professional perfile

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Set of competencies that a person must dominate to perform a given occupation.

professionalism

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The conduct, aims, or qualities that characterize or mark a profession or a professional person. (source: http://www.merriam-webster.com/dictionary/professionalism)

private sector

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The part of the economy that is not state controlled, and is run by individuals and companies for profit. (source: https://www.google.es/search?q=private+sector+def&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:es-ES:official&client=firefox-a)

privatization

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The process of transferring ownership of a business, enterprise, agency, public service or public property from the public sector (a government) to the private sector,

pro bono

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Pro bono publico (English: for the public good; usually shortened to pro bono) is a Latin phrase for professional work undertaken voluntarily and without payment