Renaissance for LEADERS

Peak Performance Resources for Leaders by Leaders

Category: Money & Wealth

Blame Game

Accusations exchanged between people who refuse to accept responsibility for an undesirable event, loss or failure. Finger pointing and scapegoating are common techniques used to divert attention and focus on a person who is assigned fault. Whenever money is lost, emotions run high and the Blame Game kicks into high gear.

Book Value

1. The value of an asset on a company’s balance sheet, which is often different from the amount the asset is worth on the open market. 2. The value of a company’s net assets as per its balance sheet (calculated as assets, less liabilities).

Budget

1. The amount of money or resources earmarked for a particular institution, activity or time-frame. 2. An itemized summary of estimated or intended expenditure for a given period; usually coupled with expected revenue. 3. A systematic plan for the expenditure of a usually fixed resource, such as money or time, during a given period. 4. The total sum of money allocated for a particular purpose or period of time.

Business

1. A particular trade or profession. 2. A company or other organization that buys and sells goods, makes products or provides services. 3. Commercial activity involving the exchange of money for goods or services. 4. The amount of commercial activity or patronage that exists at a particular time. 5. Commercial practice or procedure. 6. The commercial dealings that a person or organization has with another company or individual. 7. Tasks or important things that a person has to do or deal with. 8. Personal responsibilities and concerns. 9. A situation or event that is characterized by difficulty, fuss, or unpleasantness. 10. Activities or things that are not clearly described or defined. 11. An action or series of actions performed by an actor for dramatic or comic effect, or to fill in a pause when little is happening on stage. Also called stage business. 12. Something very impressive or excellent (informal).

Business Owner

An individual or entity who owns a business with the expectation of profiting from the successful operations of the company. Generally, they have decision-making abilities and first right to profit.

Buy-and-Hold

A passive investment strategy that involves buying an asset and holding it over the long term despite any market price fluctuations.

Buy-and-Sell

An active investment strategy that involves buying an asset and selling it as soon as possible. The basic idea is to buy low and sell high by timing the market.

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