When anyone has a majority interest, it method that they very own at the least 51% of all of the shares of a agency. We additionally name it a controling interest or majority ownership. The time period might also additionally follow to a individual, organization of people, agency, or any […]
Category: Financial Terms
Managed account definition and examples
A managed account, withinside the global of investing, is an funding account that belongs to 1 man or woman however is managed or overseen with the aid of using any other man or woman. If I actually have this form of account, it way that a expert cash supervisor oversees […]
Accounts payable definition and examples
The time period bills payable or A/P refers to cash that a enterprise owes its providers. Accounts payable seems as a legal responsibility account in bookkeeping. It suggests how a lot a organization owes dealers or providers for services or products that it bought and obtained on credit score. On […]
Accounts receivable definition and examples
Accounts receivable or A/R is cash that a company is owed with the aid of using, for example, its clients. It is the balance of cash that the business enterprise expects will are available in for items or offerings that it delivered. If your company provides, for example, wooden to […]