1%/10 Net 30
**Summary:** 1%/10 Net 30 is a common trade-credit term that offers a 1% discount for payment within 10 days; if the buyer does not…
Chapter 11 Bankruptcy: What’s Involved, Pros & Cons of Filing
• Chapter 11 is a U.S. bankruptcy process designed to let an insolvent company reorganize its finances and keep operating while it repays creditors…
0x (ZRX) Protocol: Definition, Mechanics, and Practical Guide
**Summary:** The 0x (pronounced “zero x”) protocol was a set of open smart contracts and message formats designed to enable peer-to-peer trading of ERC‑20…
Channel Stuffing? How It Works, Purpose, and Legality
Channel stuffing is a deceptive sales technique in which a manufacturer or wholesaler ships more product into its distribution network than retailers or distributors…
Chair: Definition in Business, Responsibilties, Vs. CEO
• Definition: The chair is the director elected by a company’s board to lead meetings of the full board and its committees. The chair…
Corporate Citizenship: What It Means, 5 Stages, and Examples
• Corporate citizenship describes a company’s responsibilities to society beyond obeying the law. It covers how businesses balance legal, economic, and ethical duties to…
Cost and Freight (CFR) in Foreign Trade Contracts?
Definition – Cost and Freight (CFR) is an Incoterm — a standardized international commercial term — used only for goods moved by sea or…
Corporate Charter: Definition, Purpose, and Legal Requirements
A corporate charter is the founding legal document filed with the state (in the U.S., the Secretary of State; in Canada, the federal or…
Certified Financial Planner (CFP)?
• A CFP is a financial professional who has earned a credential from the Certified Financial Planner Board of Standards (the CFP Board). The…
Corporate Bonds: Definition and How They’re Bought and Sold
• A corporate bond is a debt instrument issued by a company to raise money. When you buy one, you are lending the firm…