Consumer Sovereignty

Consumer Sovereignty

Consumer Sovereignty Definition Consumer sovereignty is an economic theory stating that supply is dictated by…

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Chain of Command

Chain of Command

Chain of Command Definition Chain of command refers to the hierarchy within a company. Specifically,…

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Direct Lease

Direct Lease

What is Direct Lease? Direct lease refers to a contractual arrangement between a lessor and…

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Immediate Family

Immediate Family

Immediate Family Definition Immediate family refers to the closest relatives in your family. Who is…

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Force Majeure

Force Majeure

Force Majeure Definition Force majeure is a term borrowed from the French language which translates…

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Annual Income

What is Annual Income? Annual income is the total earnings within a one year period…

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Counter Offer

Counter Offer

What is a Counter Offer? A counter offer is made in response to an earlier…

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Liquid Net Worth

Liquid Net Worth

Liquid Net Worth Definition Liquid net worth is not the same as net worth and…

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Gross vs Net

Gross vs Net

Gross vs net is a very important difference to note in finance and business. These…

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Remaining Balance

Remaining Balance

What is Remaining Balance Remaining balance can refer to various financial terms, but in most…

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