Business Law - audit - auditor - consignee - consignment - consortium - franchise - franchise tax
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It's a free online legal dictionary search engine for definitions of legal terminology and legal words, legal abbreviations, and legal jargon you may meet when reading legal acts, law books, documents, legal forms and other legal content.
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Legal Dictionary
Business Law
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TERM
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CATEGORY
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| | audit for business purposes, a financial examination of a company, government agency, nonprofit organization, or enterprise.
It is performed by financial professionals (accountants, auditors) that review financial systems and financial records of a compan ... |
| Business Law | details | | | auditor is an accountant, usually CPA, that conducts examination of the company’s financial records to give an opinion on whether the company’s financial statements fairly represent the organization's performance. |
| Business Law | details | | | consignee 1) The individual or organization to which the goods are shipped. Freight is shipped by the consignor to the consignee. |
| Business Law | details | | | consignment Consignment is the act of consigning, which is placing a person or thing in the hand of another, but retaining ownership until the goods are sold or person is transferred. This may be done for shipping, transfer of prisoners, or for sale in a store ( ... |
| Business Law | details | | | consortium An association or combination of businesses, financial institutions, or investors, for the purpose of engaging in a joint venture. |
| Business Law | details | | | franchise is a business method where independent owners buy and operate someone else’s well known business under license agreement to distribute goods or services.
A franchisee must continue his business according to the established standards and practices of ... |
| Business Law | details | | | franchise tax a tax that is imposed by states on corporations; it depends both on the net worth of the corporation and on its net income attributable to activities within the state. |
| Business Law | details |
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