What is an Intellectual Property Right? An intellectual property right is a legal right that grants creators and inventors exclusive control over their original works…
What is a Proprietary Right? A proprietary right is a legal claim or entitlement that grants an individual or entity exclusive control and ownership over…
What is APR and Fixed Interest Rate? APR, or Annual Percentage Rate, is the annual rate charged for borrowing or earned through an investment, accounting…
What is a Debenture? A debenture is a type of long-term debt instrument issued by a company that is not secured by physical assets or…
What is a Company? A company (or corporation) is a legal entity formed by a group of individuals to operate a business, recognised as distinct…
What is Invoice Discounting and Invoice Factoring? Invoice discounting involves a business borrowing money against its unpaid invoices while maintaining control over its sales ledger…
What is Counterfeiting and Anti-Counterfeiting? Counterfeiting refers to the imitation or replication of goods with intent to deceive, while anti-counterfeiting encompasses measures taken to combat…
What is a Line of Credit? A line of credit is a flexible loan arrangement with a financial institution that allows borrowers to draw funds…
What is a Letter of Credit? A Letter of Credit is a financial instrument issued by a bank or financial institution guaranteeing that a buyer’s…
What is a Bill of Lading and Waybill? A Bill of Lading is a legal document between the shipper and carrier, detailing the type, quantity,…
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