Pollution is the introduction of harmful or poisonous substances into the environment like litter, car emissions, or industrial chemicals and waste. Pollution can come from many different sources and can destroy habitats entirely or just make places less healthy for humans and other animals to live. Pollutants from mines and other industrial sites have in many instances caused birth defects and increases in the frequency of cancer and other diseases for nearby populations.
Archive for the ‘Level 1’ Category
Pollution is…
Friday, August 21st, 2009Recycling is…
Friday, August 21st, 2009Recycling is when used products and materials are processed and made into new products or materials that can be purchased or donated and used again. This reduces waste and lowers the environmental impact of resource consumption.
Casualty Loss is…
Friday, August 21st, 2009Casualty loss is the loss of property or money through damage, destruction, theft, or some other unforeseen calamity.
A Security Deposit is…
Friday, August 21st, 2009A security deposit is a form of collateral, or item of value, that is pledged when making a financial agreement. It can be used for a range of business agreements, such as contracts, rentals, or purchases. For example, when you rent an apartment, you have to put down a security deposit, and if you do damage to the apartment or stop paying rent, the deposit is forfeited.
Cash Flow is…
Friday, August 21st, 2009Cash flow is the amount of cash that is generated and used by a company over a certain period of time. It is calculated by adding any non-cash charges, such as depreciation expense, to the company’s net income after taxes. This is why earnings and cash earnings are not always the same!
A Tariff is…
Friday, August 21st, 2009A tariff is a tax placed on imports.
A Retailer is…
Friday, August 21st, 2009A retailer is a person or organization (often a store) that sells commodities or products (aka things you want to buy) directly to the public, rather than to other companies for resale. For example, Target and Amazon are retailers, because they sell products directly to you for your personal use or consumption.
A Buyout is…
Friday, August 21st, 2009A buyout is when a person or company buys the majority of shares, i.e. a controlling interest, in another company. This means they control the majority of votes at the annual meeting, can impact the board of directors, and influence other company decisions.
Fixed Interest is…
Friday, August 21st, 2009Fixed interest is a classification that refers to any financial instrument in which the interest rate does not fluctuate or is not variable. For example, a bond’s price may change but the interest rate remains the same throughout the life of the bond.