A business activity which makes a large profit for an individual or an organisation without much effort. To have it easy.

Also called Environmental Audit. An official assessment which shows the effect that an organisation or a company has on the environment.

In the US, a legal document which allows an immigrant to become a permanent resident, to work legally and to become eligible for citizenship.

Also called Ecotax. Taxes which are levied on companies, businesses, etc., to discourage activities which will harm the environment.

An informal term for US paper money, i.e., the dollar, derived from the colour of the money.

A third person, or company, who makes an unsolicited bid in a corporate takeover, and who takes advantage of any problems which arise between the first bidder (White Knight) and the company being acquired.

Commonly abbreviated to GDP, Gross Domestic Product is a very frequently used term in business and economics, and basically refers to a nation’s total production at market values. GDP is however not easily explained or understood at a detailed and precise level. GDP may be calculated in different ways. Each method requires some qualification of […]

Expressed as a percentage, what is left from a company’s sales after cost of goods sold is paid out. Gross profit margin is obtained by dividing gross income by net sales.

Negotiate with someone over the price of something until an agreeably mutual price is reached.

a percentage subtraction from the market value of an asset, typically on a large scale, enforced by a powerful institution or authority in response to debt/liabilities incurred by the asset owners/investors, producing an effective devaluation of the asset. The ‘haircut’ term became a more general description for a tax or levy imposed on ordinary savings […]