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INSOLVENCY: The condition of a business when liabilities (excluding ownership equity) are greater than Assets. In other words, a business can't pay it's debts. This is a first step on the road to bankruptcy, but it doesn't guarantee that legal bankruptcy proceedings will be initiated.
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PATERNALISM A fundamental philosophical viewpoint that the private sector (households and businesses) needs to be closely supervised by the public sector (government). In other words, members of society need to be watched over, cared for, and kept out of trouble, like parents watch over, care for, and keep their children out of trouble.
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BLUE PLACIDOLA [What's This?]
Today, you are likely to spend a great deal of time browsing through a long list of dot com websites hoping to buy either pink cotton balls or a genuine down-filled comforter. Be on the lookout for broken fingernail clippers. Your Complete Scope
This isn't me! What am I?
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Ragnar Frisch and Jan Tinbergen were the 1st Nobel Prize winners in Economics in 1969.
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"If you don't have time to do it right, when will you have time to do it over?" -- John Wooden, Basketball coach
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ANN REPT Annual Report
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