TERENCE CONRAN
Founder and Chairman of Conran Holdings Ltd., London-based design firm. His career began when he worked with Rayon Centre as textile designer in 1950. Then, he proceeded with putting up his furniture-making company in 1952. His successive business ventures included a restaurant, design group, and Habitat chain of furniture and houseware stores.
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Asset Substitution Problem
A problem which arises when a company trades its low-risk assets for high-risk investments. This substitution moves the value from the bondholders ...
Lawful Money
Any currency, in coin or paper form, that is issued by the United States Treasury, not the Federal Reserve System. It also includes gold and silver ...
Red Clause Letter Of Credit
It refers to a specific type of letter of credit where a buyer extends an unsecured loan to a seller. This permits documentary credit beneficiaries ...
Trust Certificate
Bond or debt investment backed by other assets and serve like a collateral. Normally in a public company, the assets may be seized or sold for the ...
Cowboy Marketing
Slang term for a situation in which a firm is unaware a marketer sends massive spam emails to everyone promote the stock, instead of producing legi ...
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An Introduction to the Basics of Economics
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Principles of Trading: Well Known Trading Instruments
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