Designated shareholders are those shareholders who have been specifically selected by the company to vote on certain matters. This designation may be given to shareholders who own a certain amount of shares or who have been with the company for a certain amount of time. The designated shareholders may be given this designation in order …
In business, dilution is the process of reducing the ownership percentage of existing shareholders. This can happen when a company issues new shares, or when it grants stock options to employees. Dilution can also occur when convertible securities, such as bonds or warrants, are converted into equity. When this happens, it results in more shares …
Due diligence is the care a reasonable person should take before entering into an agreement or transaction with another party. It is a process of inquiry that seeks to confirm all material facts in order to reduce or eliminate risk. The concept of due diligence has its roots in English common law, where it was …
The economic beneficiary of a project is the party who ultimately benefits from the project’s implementation. This could be the government, a private company, or even an individual. The economic beneficiary is usually different from the project’s primary sponsor. For example, a project to build a new highway might be sponsored by the state government, …
An entrepreneur is someone who is willing to take on the risk of starting and running their own business. This person is usually creative and has a good business sense. They are also able to motivate and inspire others to work towards a common goal.
In finance, equity is ownership of a company or investment. It can be represented by stocks, bonds, or assets. When someone owns equity, they have a claim on the company’s assets and earnings. Equity can be used to finance a company or investment, providing a source of capital. Equity can also be used to measure …
Estate refers to the property or possessions of a person. In legal terms, estate can refer to both real estate and personal property. Real estate includes land, buildings, and any improvements on the land. Personal property includes all other possessions of a person, such as cars, furniture, jewelry, and art. An estate can also refer …
The financial year is the period of time that a company or organization uses to calculate its financial statements. This period can be different for different companies, but is typically 12 months long. The financial year is used to track the performance of a company or organization over time, and is used by investors and …
A free zone is an area where trade and other economic activity are allowed to take place without the imposition of tariffs or other restrictions. This type of zone is typically established by a government in order to encourage foreign investment and promote economic growth. Free zones are often located in special economic zones or …
A general meeting is a gathering of all the shareholders of a company to discuss important matters pertaining to the business. This type of meeting is typically held once a year, although Extraordinary General Meetings can be called at any time if there is an urgent matter that needs to be addressed. During the meeting, …
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