Terms used in business such as Cookie,Cooling-Off Period,Copenhagen Criteria,Copyright,Corner etc

 

Terms used in business such as Cookie,Cooling-Off Period,Copenhagen Criteria,Copyright,Corner etc.

 

 

This post explains about terms used in business such as Contract date,Contract Worker,Contract,Convex Tax Schedule,Cookie,Cooling-Off Period,Copenhagen Criteria,Copyright,Corner etc.These terms used in international business are arranged in alphabetical order and you may add more information about terms used in export business at the end of this article, if you wish.

 

Terms used in business

 

Contract date:This is the date when a contract, or standing offer arrangement, is accepted by, executed by, or effectively binds all parties involved.

 

Contract disclosure: The term used to describe the publishing of details for awarded contracts as required by the Queensland Procurement Policy (2013). Under the policy, affected agencies will publish basic details for contracts valued over $10,000, and additional contract details for contracts valued $10 million or more. Disclosure of the procurement method is only required for contracts valued at $500,000 or more.

 

Contract Of Employment - A contract between an employee and an employer which specifies terms and conditions of employment, such as hours to be worked, duties to perform, etc., in return for a salary, paid benefits, paid holiday, etc., from the employer.

 

Terms used in  business such as Cookie,Cooling-Off Period,Copenhagen Criteria,Copyright,Corner etcContract Of Purchase - Also called Purchase Agreement. A legal document which states the terms and conditions, including price, of the sale of an item.

 

Contract schedules:Documents that contain details on the goods or services that are to be provided by a supplier to government.

 

Contract Worker - A person who is hired by a company (but not as an employee), often through an employment agency, for a specific period of time to work on a particular project.

 

Contract: An agreement regarding mutual responsibilities between two or more parties.

 

Contract:  A legal instrument between two parties to do or not to do something;  in reality, it must be in writing to be  enforceable

 

CONTRACT: An agreement between two (or more) parties in which each promises to perform in some way. Contracts can be complex and should always be reviewed by an attorney. A contract may not be binding if not correctly drafted and executed .

 

Contractor - An individual, company, etc., who agrees to provide goods and/or services to another individual or company under the terms specified in the contract.

 

Contracts for the International Sale of Goods (CISG) - Contracts for the International Sale of Goods establish rules for international sales contracts and also establish legal rights and obligations for both the buyer and seller.

 

Control Account - An account which a company keeps in addition to its official accounts, in order to cross-check balances, etc., to ensure that the official accounts are accurate.

 

Controllable expenses: Those expenses that can be controlled or restrained by the business person.

 

Controlled Foreign Corporation (CFC) - In the U.S. tax code, a foreign corporation owned more than 50 percent either in terms of market value or voting power.

 

Controlling Interest - The ownership of more than 50% of the voting shares in a company, which enables the owner of these shares to make decisions, direct operations, etc.

 

Convene - To gather together for an official or formal meeting.

 

Convenience food / Plats préparés :Food specially made and packed so that it can be cooked quickly and easily.

 

Convention - A large formal meeting of politicians, members, delegates, sales people, etc.

 

Convention on the International Trade in Endangered Species (CITES) - An international agreement between governments. Its aim is to ensure that international trade in specimens of wild animals and plants does not threaten their survival.

 

Convertible - Refers to a security (bonds or shares) which can be exchanged for another type of security in the same company.

 

Convertible Currency - A currency that can be easily and freely exchanged for other currencies.

 

Convex Tax Schedule - A tax schedule in which the effective tax rate is greater at high levels of taxable income than at low levels of taxable income. Such a schedule results in progressive taxation.

 

Conveyancer - A specialist lawyer who is an expert in conveyancing, i.e., legal work carried out connected to the selling and buying of property.

 

Cookie - On a computer, coded information that an Internet website you have visited sends to your computer which contains personal information, such as identification code, pages visited, etc., so that the website can remember you at a later time.

 

Cooling-Off Period - A period of time after the exchange of contracts, purchasing agreements, etc., during which the purchaser can change their mind and cancel the contract, and usually get any deposit paid reimbursed.

 

Cooperation Council for the Arab States of the Gulf (GCC) - The Cooperation Council for the Arab States of the Gulf (GCC) was established on May 25, 1981. It joined the 6 states of the United Arab Emirates, Kingdom of Bahrain, Kingdom of Saudi Arabia, Sultanate of Oman, Qatar and Kuwait. The framework's focus is on achieving a state of unity in all fields among its member states. It also stresses a furthering of relations and cooperation among member states and provides a platform to address security and economic development challenges.

 

Cooperative - An organisation or business which is owned and run by its employees, customers and/or tenants, who share the profits.

 

Cooperative Marketing - Also known as Cooperative Advertising. When two companies work together to promote and sell each others products. A manufacturer or distributor who supports, and often pays for, a retailers advertising.

 

Copenhagen Criteria - The rules and regulations that all applicant countries to the European Union must meet, and to which all EU member nations must maintain.

 

Copyright - An exclusive legal right to make copies, publish, broadcast or sell a piece of work, such as a book, film, music, picture, etc.

 

Copywriter / Concepteur-rédacteur :A professional able to formulate and draft a message that, through a clever choice of words and arguments, can convince a maximum number of your customers and prospects to respond to your offer by returning the reply slip attached to your mailing.

 

Core Earnings - A company's revenue which is earned from its main operations or activities minus expenses, such as financing costs, asset sales, etc.

 

Core target / Coeur de cible :That group of individuals which, in the light of their habits and profile, are most likely to be interested in your product or service.

 

Corner: The term ‘corner’ is used in the commercial world. It refers to an organization of speculators who are combined with a view to obtaining some financial gain by affecting prices somehow. This organization establishes a temporary monopoly in the supply of marketable goods, stocks by gaining control over them.

 

Corporate Advertising - Also called Institutional Advertising. Advertising that promotes a company's image, rather than marketing its products or services.

 

Corporate Culture - The set of values, beliefs, relationships between individuals and functions that guide the decisions of a company to achieve its objectives.

 

Corporate Governance - Corporate governance refers to the (ideally visible, transparent, published) policies and practices by which an organization is directed and managed at executive level, with particular focus on the executive board's accountabilities to shareholders and other stakeholders, especially concerning avoidance of risk, and the competence, ethics and propriety of the leadership, typically a chairman and board of directors. (See the main Corpoprate Governance article for extensive history, guidance, standards, etc.) The board's corporate governance accountabilities include obligations and responsibilities in relation to organizational aims and purposes, and embrace major considerations of constitution and structure, finance and administration, people and staff, remuneration and reward, environment, ethics and morality, law and regulatory matters, quality and problem-rectification, health and safety, social responsibility, technology, processes and decision-making, legacy/sustainability, etc., and any other fundamental aspects of executive leadership and management which in the context of the organization's activities and constitution might be regarded as significant at the highest organizational level. The concept of 'corporate governance' became prominent and highly important in the late 1900s after several corporate scandals were characterized by a serious lack of accountability and transparency in the behaviour (US spelling: behavior) of company directors and senior staff. In short 'corporate governance' refers to how a (typically but not necessarily) large organization is led and managed at the most senior level. By implication, where corporate governance is correctly established and operated there is a cascading effect of high quality entirely throughout the organization (such that problems rarely arise, and wherever they do they are rectified satisfactorily and measures taken to ensure no repeat). Where corporate governance is poorly established and operated then the organization is prone to major failures of various sorts. Where corporate scandals and disasters occur then usually these events are due ultimately to inadequate or improper corporate governance. The terms 'whistleblowing/whistleblower' refer to the actions/people (typically employees) who inform authorities/media about corporate wrong-doing, which is very commonly a symptom or result of inadequate or weak corporate governance. The term corporate governance is most usually used in relation to large organizations, typically big public companies, because such organizations offer potentially huge hidden freedoms for directors to act secretly, recklessly and negligently, in ways which can have vast damaging impacts on staff, customers, shareholders, society, the environment, etc. Despite this original purpose and meaning (for quoted/public companies), the concept of corporate governance and its principles are also applicable with appropriate adaptation to state agencies, military/social/other state services, and small companies too. The root meanings of the words actually support a broad interpretation: corporate refers to any group; governance refers to the leadership of a group or other entity. See the main Corporate Governance article containing history, codes, templates, etc..

 

The above details describes about terms called in business such as Contract date,Contract Worker,Contract,Convex Tax Schedule,Cookie,Cooling-Off Period, Copenhagen Criteria,Copyright,Corner etc.These phrases may help importers and exporters on their day to day business activities. The readers can also add more information about terms used in business trade below this post.Terms used in business such as Consular Statement ,Consulate ,Consumer Price,Contestability,Contingent liability etc

 

 

Related posts about free online training on export and import  trade:

 

 

How to export your product?
Click here to know HS code of your product
What is the ITC code (Indian Tariff Code) of your product?
12 Major risks and solutions in Imports and Exports
Documentation procedures on high sea sale
How to get non preferential Certificate of Origin, state wise
Types of export containers
SEIS scheme for exporters in India
How does Letter of Credit work?
How to get Certificate of Origin non preferential in Punjab?
Is import of Ammunition allowed in India?
Office to contact in Puducherry for Certificates of origin non preferential
Is IEC compulsory for Exports and Imports in India?
How to get Certificate of Origin non preferential in Meghalaya?
When can an exporter release bill of lading from shipping company?
When does exporter get EP copy of shipping bill after customs clearance
Procedure for Central Excise Clearance Under Claim of Rebate
Procedure to claim Duty Drawback
Procedures and documentation on Triangular shipments
Procedures for Re-imports
Procedures to claim brand rate of draw back
Procedures to file IGM (Import General Manifest)


Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers