LAND
A property or real estate, buildings and equipment not included, that does not occur in a natural way. Landowners may be given rights in all the natural resources on the land he or she owns, depending on the title, like human and animal life, water, fossils, plants, soils, electromagnetic features, minerals, geophysical occurrences, and geographical location.
It has no cost of production and is considered a major factor of production, aside from labor and capital. Selling land results in either capital gain or less, it depends on the situation.
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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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