Project is a limited-time venture, planned with a set of tasks to achieve the desired goal or goals which is not available now. The desired goal could be a product, service, result, business model orRead More
Zoning is a regulatory approach to control how land or real estate of an area would be used. It divides the whole area into different zones. Such as: Commercial Industrial Residential and Agricultural Government appliesRead More
Refi bubble is referred to such a period when a significant number of existing mortgages are refinanced to take advantage of the drop in interest rates. A typical refi bubble is seen in the RealRead More
Refinance or refinancing is the process of acquiring a new mortgage to pay off the balance of an existing mortgage. Typically the new mortgage comes with better terms and condition. Also called as Refi. HereRead More
Turnkey, also spelled as Turn Key and Turn-key, typically means “Ready to use”. It refers to an object that is designed, supplied, built, installed, commissioned, fully complete and ready to use or operate. Turnkey impliesRead More
EPC stands for ‘Engineering, Procurement and Construction’. EPC contract is a type of construction contract between parties where the contractor is responsible for all the engineering, procurement, and construction activities to deliver the completed projectRead More
Turnkey contract is typically a construction contract under which a contractor is employed to plan, design and build a project or an infrastructure and do any other necessary development to make it functional or ‘readyRead More
Financial leverage is the degree to which an entity uses interest-bearing debt to finance its assets. The higher the share of debt financing in the capital structure of the company, the higher the financial leverageRead More
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Online Business Dictionary & More
An online business dictionary, glossary, terms archive written in easy to understand approach which helps business novice to professional.