Tag: business
James R. Crosby
Who is James Crosby?
James Crosby is a retired British banker who served as the chief executive of HBOS from 2000 to 2006. Born in...
John R. Coomber
What is 'John R. Coomber' The CEO of U.K.-based Pension Corporation, a company that helps defined-benefit pension funds manage risk, and a...
Joint Owned Property
What is joint ownership of property
Joint owned property refers to a situation in which two or more individuals own an asset together. There are...
Joint Bond
What is 'Joint Bond' A bond that is guaranteed by a party other than the issuer. A joint bond is an issue...
Karl Albrecht
DefinitionKarl Hans Albrecht was a German entrepreneur who founded the discount supermarket chain Aldi with his brother Theo. He was for many years the...
Quick Ratio
DefinitionIn finance, the acid-test or quick ratio or liquidity ratio measures the ability of a company to use its near cash or quick assets...
Real Estate Operating Company (REOC)
What is ‘Real Estate Operating Company – REOC'
A company that invests in real estate and whose shares trade on a public exchange. A real...
Idle Funds
What is 'Idle Funds' Money that is not invested and, therefore, earning no interest or investment income. Idle funds are simply funds...
Named Perils Insurance Policy
What is 'Named Perils Insurance Policy' A home insurance policy that only provides coverage on losses incurred to your property from hazards...
Bailee
DefinitionBailment describes a legal relationship in common law where physical possession of personal property, or a chattel, is transferred from one person to another...