Definitions (3)
1. Entity that possesses the exclusive right to hold, use, benefit-from, enjoy, convey, transfer, and otherwise dispose of an asset or property.
2. Person or entity who awards a contract for a project and undertakes to pay the contractor. Also called contract owner.
3. Employee or executive who has the principle responsibility for a process, program, or project.
Featured Tip
How Management Can Make High Earnings
The primary test of managerial economic performance is the achievement of a high earnings rate on equity capital employed (without undue leverage, accounting gimmickry, etc.) and not the achievement o ... Read more
Additional Tip(s)
- Are Management's Compensation Plans Aligned with Shareholder Interest?
- Business Owner's Actions
- Obtaining a Business Loan versus Using Your Credit Card
- Obtaining Loans for Small or New Businesses
- How to Structure Options
- Quadrupling Earnings
- Owning Options Compared to Owning Stocks
- Your Credit Rating and Financing a Startup
- Ways to Get Funding for Your Business
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