JOHN

In accounting, Encumbrance would mean an amount of money that one is required to spend on a stated thing in the future. Its a contingent liability, contract, purchase order, payroll commitment, tax payable or legal penalty that is chargeable to an account.

 

In real estate, Encumbrance is a claim against a property by a party that is not the…

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A Squawk Box is a speaker or intercom that is placed in the trading desk. It is important for Analysts, Traders and Brokers to stay well connected to ensure that right trading decisions are made. These 3 parties use Squawk Box to communicate trades, deals or other news among themselves.

Sentence Formation: 

CNBC airs a television programme ev…[Read more]

‘Just Say No’ is a defensive strategy that can be used by a company (Eg: Company X) when another company (Eg: Company Y) bids to takeover that company (X). Sometimes a company (Y) can forcefully try to take over a company (X) without their willingness. This is called as hostile takeover. However the targeted company (X) can still use the ‘just…

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A person over the age of 18:

• Who cannot pay his bills/ debts
• Who is not looking for a job or willing to stay unemployed
• Living on the income of others
• Who does nothing for his/her children

Sentence Formation:

It irritates to see this dead beat guy, who never even cares for his family.

BEHEMOTH – A term originated from the Hebrew Language which means, ‘a large and a powerful organization’

Statement Formation:

AMAZON is a behemoth company, when it comes to Global Online Marketing

Bitcoin is a form of digital currency, created and held electronically. They are not physically printed/minted like currency notes or coins. Bitcoins are ‘mined’, using computing power in a distributed network.

Bitcoins allow payments to be sent from one party to another without going to a financial institution.

Currently, 1 Bitcoin = 45739.39…[Read more]

A small segment in the entire market where a specific group of committed buyers are targeted. In a Niche Market, one does not try to capture a share in the entire market but rather tries to own a very specific slice.

Eg:

• Sports Channels like STAR, TEN, SONY etc . . have different different channels for each sport to target a niche of sports…

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Acceptance Bonus would refer to:

• The amount paid to an employee who agrees to perform a difficult task
• An amount of money that is paid to someone for joining a company

Statement Formation:

The new associate members were given a fat acceptance bonus for committing themselves to the job.  

BELLS & WHISTLES is an idiom which means ‘special features that are added to a product or system to make it more attractive to the buyers’

Statement Formation:

This computer may have all the Bells & Whistles, but is it of good value for money?

Telegraphic Transfer commonly known as Telex Transfer (TT) is an electronic method of transferring funds abroad. Funds are credited directly to a nominated bank account.

Now the term is updated to Electronic Funds Transfer (ETF). TT is fairly expensive due to its fast nature of the transaction.

Sentence Formation:

My brother who is working in…[Read more]

It is a grievance handling procedure or a remedy for an unfair situation. Redressal is done to set right the damages suffered or loss borne by an employee. It is more than just compensation.

Sentence Formation: 

The managing committee immediately gathered to address the grievance redressal to protect the interests of their valuable Human Resources.

A checking account offers easy access to your money for your daily transactional needs and helps keeps your cash secure. It allows numerous withdrawals and unlimited deposits unlike a savings account which limits both. Cash in checking account is so liquid that it can be withdrawn by using cheques, atm’s, electronic debits and other…

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Greenwashing is a marketing technique whereby a company falsely claims to have taken environment friendly actions in manufacturing their products. In reality, they spend more on advertising their go green initiative, rather than implementing it. It is very misleading for consumers who want to live Eco-friendly . So, beware of…

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Cannibalization is  a situation where a new brand gains sales at the expense of another of the company’s brands.

A company introduces a new product into the market where the same company’s products are already well established. The main reason why a company does this (cannibalization) is:

• to increase its market share
• believing that by i…

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The practice of obtaining needed services, ideas or contents by soliciting contributions from a large group of people, especially from the online community rather than fro the traditional employees or suppliers.

Eg: MICROMAX used crowdsourcing to design their logo. A logo design contest was conducted in which it was stated that the winner…[Read more]

FREEMIUM – Free + Premium

is a business model that offers both “free” and “premium” services. A freemium model works, by offering simple and basic services for free for the user to try the premium variant which offers additional and advanced features.

Eg: Many android mobile applications are available in google play store for free. The free…[Read more]

A Low-end Market may refer to a marketplace, that stocks goods and services of a comparatively lower price, especially for customers who cannot afford to or unwilling to pay a large amount of money. It is assumed that, lowering the price of goods would stimulate buying.

Eg: NIKE, ADIDAS are prominent sports equipment brands. Not everyone can af…[Read more]

A Whistle-blower is someone who calls out or reports someone else’s wrongdoing.

Eg: Delhi Metro Rail Corporation’s (DMCR) Chief E. SREEDHARAN was the Whistle-blower in the 14,000 Crore Sathyam Scandal

It is INTRADAY position. So everything must be squared off within the same day. Or else penalties will be levied by SEBI.