MICHAEL S. DELL
Chairman and CEO of Dell, a Texas-based computer company. He established Dell in 1984 under its former name PCs Limited. The company grew swiftly and competed massively with IBM. Dell became part of Fortune 500 company in 1992. Also, Forbes recognized Dell as one of the world’s richest people and highest paid CEOs in the US.
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Capital Accumulation
This talks about the earnings that a firm uses to raise its capital base. Capital accumulation includes gaining additional assets that can be used ...
Defined-Contribution Plan
A retirement plan where the percentage of money is set aside each year by the company for the benefit of their employees. There are restrictions as ...
Unscheduled Recast
Unscheduled Recast is a recomputation of remaining loan amortization schedule that is not scheduled. Some loans have contractual terms that when tr ...
Recompense
The act of giving a target person or entity some form of monetary benefit as a result of performing some action or some action happening to the tar ...
Tortoise Rally
Slow and steady appreciation of market prices through time. This is more beneficial to long-term retail investors since they enjoy steady gains fro ...
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