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Implied Authority

Implied Authority

What is implied authority and how can it help your business Implied authority is a legal concept that applies to businesses and other organizations. It...
National Association of Estate Planners & Councils

National Association Of Estate Planners And Councils (NAEPC)

What is the NAEPC The National Association of Estate Planners & Councils (NAEPC) is a professional organization that provides education and resources for estate planning...

Ombudsman

What is 'Ombudsman' An official who investigates complaints (usually lodged by private citizens) against businesses, financial institutions and/or the government. An ombudsman...

Office Audit

What is 'Office Audit' An examination of a taxpayer's records by the Internal Revenue Service to ensure the taxpayer's compliance with tax...

Absolute Auction

What is 'Absolute Auction' A type of auction where the sale is awarded to the highest bidder. Absolute auctions do not have...
Sales tax

Sales Tax

What is sales tax and why do we have it Sales tax is a tax levied on the sale of goods and services. The tax...
Pari-mutuel revenues

Pari-Mutuel Revenues

What are pari-mutuel revenues and how are they generated Pari-mutuel revenues are a type of betting where the total payouts are calculated based on the...

Foreclosure

DefinitionForeclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making...

Warehousing

DefinitionA warehouse is a commercial building for storage of goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are...

General Obligation Bond (GO)

What is a 'General Obligation Bond - GO' A general obligation bond (GO) is a municipal bond backed by the credit and...

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