- Something shaped like the letter Y; a forked piece resembling in
form the letter Y. - One of the forked holders for supporting the telescope of a
leveling instrument, or the axis of a theodolite; a wye. - A forked or bifurcated pipe fitting. - A portion of track consisting of two diverging tracks connected
by a cross track.
Voluntary Exchange Voluntary exchange is willingly trading goods, services, or resources between two or more parties without coercion or force.
Straw Buyer Straw Buyer is somebody who purchases anything on someone else's behalf. He is hired whenever the true purchaser...
Troy Ounce Troy Ounce is the unit of measurement on the Troy weighing scale. This is a valuable metal and stone weighting method that relies on the 12-ounce pound...
Testamentary Testamentary refers to something that has to do with a will or testament. It is frequently used to indicate.....
Severability Clauses Severability Clauses are contractual terms stating that every component of the agreement is separate from the others........
Reconveyance The exchange of capital assets that occurs after a loan is entirely paid off as well as the ground is transferred to the proprietor rid of the prior liability is known as...
Industry Life Cycle Industry Life Cycle represents the life rotations of a corporation in a field from start to finish. It depicts how the company can enter the market and expand, including its ...
Equilibrium Quantity If there's no shortage or surplus of a commodity, it is said to be in Equilibrium Quantity. It's also the quantity wherein supply and demand curves intersect...
Section 1245 Property In a broad sense, Section 1245 Property comprises accumulated depreciation property utilized in a business that does not include rental properties.
Marginal Analysis The study of the risk and reward of certain decision-making is defined as Marginal Analysis. The cost of extra production can be calculated using marginal analysis.