5 Terms
Home > Industry/Domain > Business services > Consulting
Consulting
The business of providing professional or expert advice to a commercial business or public institution.
Industry: Business services
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Consulting
ledger
Business services; Consulting
The ledger is the document where all the accounts used by the company to produce the financial statements are listed and detailed.
mail shots
Business services; Consulting
Mail shots are bulk mail advertising sent through the mail to potential customers to advertise goods or services.
memorandum of understanding
Business services; Consulting
A memorandum of understanding (MOU) is a document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended ...
absolute liability
Business services; Consulting
Absolute liability is the legal responsibility for damages, or injury, even if the person found strictly liable was not at fault or negligent.
strict liability
Business services; Consulting
Strict liability is the legal responsibility for damages, or injury, even if the person found strictly liable was not at fault or negligent.
negligence liability
Business services; Consulting
Negligence liability is the legal responsability that results due to a negligence or a fault.
economic value added (EVA)
Business services; Consulting
EVA = Net income + Interest expense - Capital charge. Used to evaluate a company's operating performance.
