Tag: major
Sales Lead
DefinitionIn marketing, lead generation is the initiation of consumer interest or enquiry into products or services of a business. Leads can be created for...
Savior Plan
What is 'Savior Plan' When management and employees borrow money to invest in their failing company in an attempt to save it....
Satellite Operation
Satellite Operation What is 'Satellite Operation ' A small office in a different location from a company or government agency's main...
Balance Protection
Balance Protection What is 'Balance Protection ' The optional coverage on an existing credit card account. Typically, the fee for the...
Salad Oil Scandal
DefinitionThe Salad Oil Scandal, also referred to as the "Soybean Scandal", was a major corporate scandal in 1963 that ultimately caused over $150 million...
Bear Market
A bear market refers to a market in which the prices of securities take a dip resulting in significant losses. It is quite difficult...
Bailor
DefinitionBailment describes a legal relationship in common law where physical possession of personal property, or a chattel, is transferred from one person to another...
Bait Record
What is 'Bait Record' An internal control used in accounting to detect fraud and improper usage. Bait records are planted in computerized...
Backpricing
What is 'Backpricing' A pricing method used in specific futures contracts whereby the price of the commodity to be delivered is priced...