En for Business - Business and Financial Education for Entrepreneurs

Definition
An annuity is a set of payments made or received within a fixed time period, in equal and regular intervals. This means, a fixed amount of money is issued or delivered by or to someone for a pre-established period of time with a regular frequency....

Definition
A stock certificate is a formal or official document that is issued to the owner of a stock.
Stock Certificates typically include all relevant information associated with the ownership of a stock such as the total of number of share the individual or entity owns as well as its ID number, company seal, and date of purchase....

Definition
A composite unit is a hypothetical measurement that combines products in a sales mix according to their proportion of sales. In other words, it allows for different products to be grouped together for comparison purposes. A composite unit is basically...

Definition
An incremental cost is the amount of additional expenses a company incurs when they produce one additional unit of product or service. This calculation is similar to the cost per unit but specifically looks at how costs change when production or activity...