A collective investment scheme (CIS), which is sometimes referred to as a ‘pooled investment’, is a fund that several people contribute to. A fund manager will invest the pooled money in one or more types of asset, such as stocks, bonds or property. There are many types of collective investment scheme available to investors. We…
A remittance refers to money that is sent or transferred to another party. The term is derived from the word remit, which means to send back. Remittances can be sent via a wire transfer, electronic payment system, mail, draft, or check. Remittances can be used for any type of payment including invoices or other obligations.
A cash receipt is recognised when an entity receives cash from any external source, such as a customer, an investor, or a bank. Typically, this cash is recognised when money is received from a customer to offset the accounts receivable balance generated when the sale transaction occurred.
Cost Restructuring is any and all costs and expenses of restructuring, consolidating or closing of any of the plants, facilities or offices of the Borrower or any of its Subsidiaries. The costs of severance or other similar payments relating to the termination of employees at such plants, facilities or offices.
Cash Management is the process of collecting and managing cash flows. Cash management can be important for both individuals and companies. In business, it is a key component of a company’s financial stability. For individuals, cash is also essential for financial stability while also usually considered as part of a total wealth portfolio.
A Commercial Agreement is a legally binding contract between parties where both are required to do particular activities or refrain from doing something. They can be found in a variety of business types, including industrial, corporate, and retail. Commercial agreements can be verbal, in writing, or even implied in a formal or informal matter. They…
Corporate Governance is the system of rules, practices, and processes by which a firm is directed and controlled. Corporate governance essentially involves balancing the interests of a company’s many stakeholders, such as shareholders, senior management executives, customers, suppliers, financiers, the government, and the community. Since corporate governance also provides the framework for attaining a company’s…
Coaching will assist and guide the business owner in running a business by helping them clarify the vision of their business and how it fits in with their personal goals. Business coaching is a process used to take a business from where it is now to where the business owner wants it to be.
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