What does Accumulation mean in Finance?  In finance, the term accumulation has a variety of meanings, they include the following; Accumulation is a situation whereby an investor builds up capital in a company through cash contributions (investment) towards the company. In this situation, investors allow their cash contributions in a company to accru...

What is the automatic stay in bankruptcy? The automatic stay under Section 362 of the Bankruptcy Code protects debtors from ongoing collection efforts (during the pendency of the bankruptcy case) against property included in the bankruptcy estate. Specifically, creditors are prohibited from the following conduct: efforts to collect, assess, setoff, ...

What is the Settlement of a legal dispute? A settlement means that the parties to a legal dispute work out their differences and enter into an agreement to resolve the situation.  How Does a Legal Settlement Work ? By voluntarily entering into an agreement to resolve the situation, the parties enjoy numerous advantages over litigation.  First, the p...

What is a Plutonomy? A Plutonomy is an economy driven by spending by individuals in the highest economic class. It is characterized by a small middle class, with extreme disparity in wealth and income between the upper and lower classes. How Does  a Plutonomy Work In a Plutonomy, spending and economic product by the upper class exceeds (or far excee...

What are business entities?  Business entities are legal organizations that exist by virtue of state law. One way to view a business entity is as a separate person. The business entity carries on business activity on its own behalf. The owners of the business entity are representatives of the entity. Business entities benefit society by allowing ind...

How does Fiscal Policy Affect the Aggregate Supply and Demand Curve? The result of this is regular shifts to the right of the aggregate supply curves. The original equilibrium occurs at E0, the intersection of aggregate demand curve AD0 and aggregate supply curve SRAS0, at an output level of 200 and a price level of 90. One year later, aggregate sup...

What is Discovery in a Civil Lawsuit? Discovery is the process of identifying and obtaining any information or evidence that is relevant and material to the dispute.  How is Discovery used in a Civil Trial? Discovery is the process of identifying and obtaining any information or evidence that is relevant and material to the dispute.  The rules of pr...

What is Gross Domestic Product (GDP)? Gross domestic product (GDP) is the total monetary value of finished goods and services produced and offered within a country for a specific year.  GDP versus GNP Unlike gross national product (GNP) that includes productions of citizens living out of the country, GDP does not include imported goods and services ...

Overview of Commercial Paper Commercial paper is a document that promises to pay a sum of money to the holder or possessor of the instrument. It is very common to use commercial paper as consideration in a business transactions rather than cash. This chapter introduces commercial paper. It identifies the main types and requirements (elements) of com...

What is the Weighted Average Product Costs? The weighted average method is used to assign all costs in a process-costing system to the products produced.  In a process costing system, cost per equivalent unit is the term used to describe the average unit cost for each product.  The concept of cost per equivalent unit used to assign costs to (1) comp...