BAILEE
A person who temporarily gains the possession, but not the ownership, of a good or other property from a bailment. The bailee is given the trust on the possession of a property or good by another person regarded as the bailor. This understanding has a contractual agreement basis (a bailment) between the bailee and bailor, which defines the terms and aim of the alteration of ownership.
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A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
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Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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