INTERIM CEO
An individual appointed by a company’s board of director to temporarily act as the chief executive officer (CEO) during a transition period or when a CEO suddenly leaves. The person may be an internal or external candidate. The term "interim" is added before "CEO" because the individual has not officially been offered the title of full-time CEO. Like many industry leaders, interim CEOs are chosen to stabilize the company in times of great turmoil.
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Competitive Intelligence
Collating and assessing information on competitors’ strong and weak points, legally and ethically speaking, to improve business decision-maki ...
Unearned Premium
Unearned Premium is the amount paid that corresponds to the remaining time period in an insurance policy.
"A" Round Financing
First major round of business financing normally in the form of convertible preferred stock, which is done by private equity investors or venture c ...
Icarus Factor
Term in business describing the situation in which companies started an overly ambitious project or initiative, and then fails. Ignited by too much ...
Replacement Property
A property that is received as a replacement for property that was lost as result of an involuntary conversion, such as theft. It may either be per ...
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An Introduction to Stocks
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Macroeconomics: A Brief History
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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 ...
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