Tooltip Tags: business

financial leverage

The use of borrowed money to increase production volume, and thus sales and earnings. It is measured as the ratio of total debt to total

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finance lease

Commercial arrangement between lessor (finance company) and lessee (customer or borrower), in which the lessee will pay a series of rentals or installments for the

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feasibility study

An evaluation and analysis of the potential of the proposed project which is based on extensive investigation and research to give full comfort to the

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family firm

Company owned by one or more family members (fuente:  businessdictionary.com   )

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ethical code

Set of rules adopted by organizations to assist members in understanding the difference between ‘right’ and ‘wrong’ and in applying that understanding to their decisions.

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Entreprise Resource Planning [ERP]

ERP is an integrated software system that provides one user-interface for the entire organization to manage product planning, materials and parts purchasing, inventory control, distribution

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declaration of insolvency

A determination by a bankruptcy court that a person or business cannot raise the funds to pay all of his/her debts. The court will then

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debt restructuring

A process that allows a private or public company – or a sovereign entity – facing cash flow problems and financial distress, to reduce and

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