net branching n.— «Under the scenario, NARES was one of several shell corporations that operated under the name of “Pacific Bancorp.” The owners and directors of Pacific Bancorp granted franchise rights to do business in North Carolina to...
marked to make believe adj.— «For example, a financial asset traded on multiple exchanges might be considered a Level 1 market. At the other end of the spectrum, “Level 3,” no ready market exists to value assets or liabilities. A...
Yep, it's another newsletter from A Way with Words! There's something kind of special about the language a family invents for its own use, so we talked about it on this past weekend's show. We also tried to narrow down the difference...
marked to myth adj.— «For example, a financial asset traded on multiple exchanges might be considered a Level 1 market. At the other end of the spectrum, “Level 3,” no ready market exists to value assets or liabilities. A reporting unit...
white wash n.— «And therefore, you have to do a very detailed exercise and then do what is called white wash procedure. Under the white wash procedure, the directors of the company and have to make a statuary declaration that immediately...
love contract n.— «With many workers having an office valentine—and even canoodling on the job—some employers don’t want to be liable if the romance fizzles. They are asking workers, mostly senior executives, to sign “love...