The amount of capital invested in a company by shareholders.

A creditor who has no priority or security if a company which owes them money goes bankrupt. Therefore, they will be paid only after other creditors have been paid.

Interest paid which is calculated based on a 360 day year, or 12 months of 30 days.

A resolution accepted and passed by a company’s shareholders by a simple majority, i.e., more than 50%, at a shareholders meeting or by a signed postal resolution which has been sent to the shareholders.

Also called Common Stock. A share in a company which entitles the owner to a share in the company’s profits, and the right to vote at shareholders meetings.

Describes when a company develops and expands by increasing output and/or sales through its own activities, rather than by a merger or acquisitions (buying other companies).-

Also called Organisation Chart. A diagram which shows the structure of a business or organisation, showing connections between departments, jobs, etc.

Employees who are members of a Trade Union.

In medicine, a test, device, drug, etc., which may be useful for certain rare diseases or disorders but is not financially viable, so is therefore not developed for commercial use.

A term which refers to computer products, programs, etc., which have been abandoned or not marketed by their developers.