MOM AND POP
A colloquial term for small, independent, family-owned, controlled, and operated business. Mom and pop businesses have less employees and low sales volumes. Unlike franchises and large corporations that have multiple operations in various locations, mom and pop shops have a sole location that occupies a small space. It can refer to any kind of business like auto repair garage, bookstore, or restaurant. It can also pertain to inexperienced or unsophisticated investors who trades in the market casually and do not lean on trading in order to supplement their income.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
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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