Business

  • directorship

    Directorship refers to an individual's appointment and responsibilities as a director of a company. The term may describe the office itself, a person's particular tenure, or …

  • co-branding

    Co-branding is a collaborative marketing strategy in which two or more companies combine their brand identities in a shared offering or campaign. The arrangement is intended …

  • daily processing

    Daily processing refers to the recurring work an organisation performs to keep its operations running from one working day to the next. Depending on the context, …

  • double-entry bookkeeping

    Double-entry bookkeeping records the financial effects of each business event in a coordinated set of ledger accounts, with total debits equal to total credits. This system …

  • e-commerce

    E-commerce refers to commercial activity carried out with the aid of digital networks, including online processes for offering, ordering, delivering, or paying for products and services. …

  • economic approach

    Under accrual accounting, an economic event is assigned to the period in which it occurs, irrespective of when the related cash is paid or received. The …

  • financial liability

    A financial liability arises when an entity has a contractual duty to transfer cash or another financial asset, or to enter into a financial exchange that …

  • liability EN

    Liabilities are amounts or duties that a business owes to other parties and expects to discharge in the future. They may arise from borrowing, purchases made …

  • eProcurement

    eProcurement is the use of digital systems to manage purchasing and procurement activities. It may cover the electronic publication of tenders, supplier registration and selection, quotation …

  • backup system

    A backup system provides an alternative means of continuing operations when the normal arrangement is disrupted. It can be used to preserve business activities, services, or …