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Showing posts from February, 2020

What is Ownership and Stakeholder -Everything you should know!!

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Ownership/Stakeholder Table of Content *Definitions of Ownership/Stakeholder *What are Shareholder Rights *List of Parties involved in ownership *What is Immediate Parent Company *What is Ultimate Parent Company *What is UBO *Example of Ownership structure   Definitions: A shareholder, also referred to as a stockholder.   A shareholder is an individual or entity, who legally owns the Company by the number shares owned by them. Shareholders are the owners of the company. They buy shares which represent part ownership of a company. Ownership is the state or fact of exclusive rights and control over property, which may be an object, land or real estate, or intellectual property. Shareholder Rights The shareholder 6 main rights as below- Voting power Ownership The right to transfer ownership Dividends, The right to inspect corporate documents   The right to sue for wrongful acts. Different parties involved in Ownership   Immediate ...

Credit Card | History of Credit Card | Definition of Credit Card - Everything

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CREDIT CARD Topic covered •Definitions             •Size of Credit Card •History •Function of Credit card •Types of Credit card       •Benefits of Credit Card •Features of Credit Card Definitions: A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's promise to the card issuer to pay them for the amounts plus the other agreed charges. A credit card is different from a charge card, which requires the balance to be repaid in full each month. A credit card also differs from a cash card, which can be used like currency by the owner of the card. A credit card differs from a charge card also in that a credit card typically involves a third-party entity that pays the seller and is reimbursed by the buyer, whereas a charge card simply defers payment by the buyer until a later date. ...