ABSORBED
In business, generally, this is the cost that is "absorbed" by the company as an expense of production instead of passing it on to the consumers therefore adding to the price.
However in underwriting, the term absorbed means that an issue is already completely sold to the interested public.
In mergers, the term absorbed means that an acquired firm is completely folded into the management of the acquiring company.
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Dynasty Trust
Long-term trusts made to pass wealth from one generation to another without paying transfer taxes including estate and gift taxes. The trust can su ...
C&I
Loan made to a business or company, not to an individual, which provides either working capital or finances key capital expenditures. Usually short ...
Hypermarket
Hypermarket is a combination of a department store and a grocery supermarket. A hypermarket offers various products like clothing, groceries, and a ...
Assets Under Management
The asset's market value which an investment company handles on behalf of investors. Assets Under Management (AUM) is perceived as a scale of s ...
Business Income Coverage Form
Insurance policy which covers a loss of income a firm incurs due to a slowdown or temporary suspension of its operations because if damage to its p ...
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