CONGLOMERATE MERGER
Merger of two companies involved in entirely different business activities. There are two categories of conglomerate mergers: pure and mixed. Pure conglomerate mergers combine companies without something in common while mixed conglomerate mergers involves companies seeking a product extensions or market expansions.
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Shovel Ready
Shovel Ready is a term that characterizes a project that is advanced in the development stage. It basically means that it’s past the planning ...
DKK
Currency abbreviation for the Danish krone (crown), the official currency of Denmark, a Nordic country in Northern Europe. Introduced in 1873, the ...
Constant Yield Method
Method of calculating the accrued discount of bonds trading in the secondary market. Although it normally leads to a lesser accrual of discount, th ...
Jürgen Dormann
Former Chairman and Chief Executive Officer of ABB, a Zurich-based engineering company. ABB was dealing with asbestos lawsuits and an economic down ...
Affirmative Action
A policy wherein an individual's nationality, sex, race, or color are given consideration by the government or business to provide additional o ...
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Principles of Trading: Risk Management
It is imperative for traders to master risk management, which includes knowing how much you could lose per trade or over time and evaluating the pe ...
Student Loans: Loan Repayment
Students, soon after your graduation, you need to enter the repayment phase. In other words, you have to start paying off your student loans. This ...
Buying a Home: Selecting a House Suitable for Your Needs
After choosing the best location of your new house, it is about time to decide on the home that you want. Basically, there are three types of homes ...
Macroeconomics: Basic Concepts
The concepts involved in macroeconomics focus on three fields, including national output and income, unemployment, and inflation and deflation. The ...
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
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