“Corporate” is used to describe anything relating to an organization or group of people legally authorized to act as a single entity. It refers to the culture or activities of a Corporation.
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Corporate is…
Thursday, July 30th, 2009An Account is…
Thursday, July 30th, 2009An account is both a record of an individual’s or organization’s financial transactions and an arrangement in which an institution holds funds for a client or offers goods or services on credit to clients.
Gross Earnings are…
Wednesday, July 29th, 2009Gross earnings are the total taxable income or revenue of an individual or a company before adjustments are made. In other words, if an individual earns $70,000 a year before taxes, that number represents her gross earnings. For publicly traded companies, gross earnings refers to total profit after the cost of goods and services has been deducted.
The IBRD is…
Monday, July 27th, 2009The IBRD, which stands for the International Bank for Reconstruction and Development, is the arm of the World Bank that focuses on middle-income and creditworthy poor countries. The IBRD strives to promote sustainable, equitable and job-creating growth, reduce poverty, and address issues of regional and global importance.
The IDA is…
Monday, July 27th, 2009The IDA, which stands for the International Development Association, is the arm of the World Bank that focuses on the poorest countries in the world. It aims to reduce world poverty by issuing interest-free loans and grants.
A Salary is…
Monday, July 27th, 2009A salary is the compensation (e.g. salary and benefits) you earn for working at a job. Salaries are usually paid on a weekly or bi-monthly basis, and are generally referred to as an annual amount.
Form 1040 is…
Friday, July 24th, 2009Form 1040 is an individual income tax return form every qualifying taxpayer has to fill out annually and submit to the IRS. You only have to file form 1040 if you make more than a certain amount of money in a year.
TARP is…
Friday, July 17th, 2009Real Estate is…
Friday, July 17th, 2009Real Estate is land and anything on it like a house, an apartment, a building, a shed, etc.
A Donor is…
Monday, July 13th, 2009A donor is someone who gives to charity. If you give money to your favorite nonprofit, then presto – you’re a donor!