LOBBY
Act of attempting to exert an influence (i.e. lobbying); a group of like-minded people that attempts to influence an authoritative body in their favor. A lobby is usually formed to sway authorities to act in such a way it is beneficial to the group’s best interest, either through a promising legislation or by obstructing unfavorable measures. It comprises of individuals, groups, and businesses that can be formed around the world. Some countries have seen an apt way to regulate the lobby’s activities because of its negative effect towards the democratic process.
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Mature Economy
An economic situation where the birth rate is stable or lower than mortality rate, as well as the pace of economic growth has slowed down. It is ch ...
Blackberry Addiction
Colloquial term for overreliance or overuse of Blackberry. The smartphone is manufactured by Research in Motion. It is a prevailing condition for s ...
Completed Contract Method - CCM
Accounting method allowing a taxpayer or business to defer reporting of income and expenses until the contract has been completed. Frequently, this ...
Choice Market
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Rational Pricing
A theory that states the prices that reflect a security’s fundamental value and the absence of arbitrage opportunities.
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