SLOVAK KORUNA
SKK is the abbreviation for the currency in Slovakia which is the Slovak Koruna. For every Slovak Koruna there is 100 halierov. The currency is, more often than not, represented with a ‘Sk’ sign. It was active from February 8, 1993 until January, 2009 and is also referred to as ‘crown’.
POPULAR TERMS
Affirmative Covenant
A kind of contract or promise that requires a party to conduct some action. For example, a bond covenant which provides that the issuer must delive ...
Pure Risk
A risk where loss is the only potential outcome; there is no positive result. A pure risk is related to events that are out of control of the risk- ...
Efficiency
Performance level describing a process which uses the lowest amount of inputs to come up with the greatest amount of inputs. It is relative to usin ...
Tax Free
Goods and/or financial products that are not taxable. Having the tax free status allows an entity to save money and encourages additional spending ...
Reprice
A situation that is most often allowed for company executives or high-level employees. It permits them to trade in their options that out of the mo ...
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