12Words.docx - Extraordinary General Meeting(EGM a meeting that a company`s directors may call if they need to consult shareholders over matters that

12Words.docx - Extraordinary General Meeting(EGM a meeting...

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Extraordinary General Meeting (EGM) - a meeting that a company`s directors may call if they need to consult shareholders over matters that cannot wait for the next AGM face value - nominal value factoring - selling debts or receivables at an discount to someone who will try collect the debt at full value factors of production and inputs - resources used by firms in their production processes, namely land (and the natural resources in it), labour and capital factory cost - prime cost (direct material and labour costs) plus overhead (US) or overheads (GB) fair presentation - what American law requires accounts of a company`s financial position to give Federal Reserve Board ("The Fed") - the US central bank, made up of a group of twelve regional banks fee or fees - money paid to accountants, lawyers, architects, private schools, etc. fiduciary note issue - paper money (banknotes) that is not backed by reserves of gold file for chapter 11 - in the US, to propose a recovery plan and be temporarily protected from creditors and
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