What are Classes of Jobs or Employment? First off, I do not want this material to come across as offensive, patronizing, or in any way insensitive.  Because sometimes, individuals tend to associate their personal or self-worth with their job.  Identifying classes of employment can appear to place individuals into classes.  That is certainly not our ...

What is a Plant Patent? A plant patent refers to an intellectual property right which safeguards a new and unique plants major features from being sold, copied, or utilized by others. A plant patent is capable of assisting an inventor lock in higher profits during the period of patent protection by preventing competitors from making use of the plant...

What is Accelerated Amortization? The recalculation of an amortization schedule after a borrower pays in advance is entitled accelerated amortization. Accelerated amortization often happens with mortgage payments. This amortizing method allows borrowers to pay off the loan at a higher than normal rate. These integers are arranged in official tables ...

What is the mediation process? The process for mediation will depend upon whether it is voluntary or involuntary. The voluntary mediation process is far less rigid than that of mandatory mediation. Involuntary or mandatory mediation is somewhat of a formal process. The mediator may employ any number of techniques to help the parties arrive at a nego...

What is Statutory Voting? A corporate voting procedure where each shareholder gets to cast one vote per share for each candidate up for election is called Statutory Voting or Straight Voting. For e.g., if you owned 100 shares of a firm, and there were 4 candidates being polled for the position of Board Member, you would be able to cast 100 votes for...

What is a Breadboard Configuration? Breadboards (or solderless breadboards) are a learning an prototyping tool for building circuits....

What is a Rate Anticipation Swap? Rate anticipation swap refers to a trading strategy where bonds are swapped based on varying maturity dates. In other words, the bonds are swapped according to their present period, and their movement rate prediction. It is mostly done to take full advantage of predicted changes in interest rates. This means that an...

Designing Effective Teams Managers often are charged with designing or bringing together a group of individuals to carry out a specific function. This is generally how formal groups begin.  The manager must then do what is necessary to make certain the group reaches the ability to function as a team. This involves many different considerations about...

What is a Closed-Market Transaction? Closed-market transactions are a type of inside trading. This type of inside trades does not change the price of securities in the open market neither does it reflect the insider's subjective opinion of the company. It occurs when an insider decides to sell or buy restricted securities from within a company's tre...

What is a Commingled Fund? A commingled fund is a type of investment fund which invests the capital of its participants in other different investment funds. An investment fund can directly invest in financial products like stocks and bonds. Commingled funds don't invest directly in such assets but instead invest in other investment funds which then ...