Category: Federal Government

The term “immediate family” is ubiquitous but is most often heard in the workforce. Since many companies will only provide benefits for the immediate family, it is imperative to know exactly who is included in your “immediate family.” But what exactly does this term mean? I mean, for some, the immediate family will consist of… Continue reading Legal Definition of “Immediate Family Member”

Many companies focus primarily on short-term profit, which is without a doubt a vital matter. Still, in these companies’ attempt to increase profits, they turn to a form of financing, which is debt, which puts the company’s financial solvency at risk. To understand solvency, we first need to understand assets and liabilities. There are many… Continue reading Solvency Certificate Meaning

“Government Official” Meaning A government official is defined as an official who has held a civil office in government with or without being elected. This includes both people who have been appointed to serve or are part of civil service. The term includes any elected or appointed government official (e.g., a member of a ministry… Continue reading “Government Official” Meaning

What is an FRN? When you register your information in the FCC’s Commission Registration System and are immediately issued an FCC Registration Number (FRN) and password, The FRN is a unique identifying number that may be initially obtained over the Internet through the Commission Registration System (CORES). This ten-digit number is assigned to a company… Continue reading What is an FRN?

Net Revenue Definition Usually, net revenue is the last number on the profit and loss statement, which is the line that provides business owners with important information about how much money is left after paying the company’s expenses. Therefore, it is a critical measure of business profitability. Net revenue can also be called net income,… Continue reading Net Revenue Definition

Confidential Information Definition Confidential information is any material, non-public or business-related information. It is confidential or private information in any way in an agreement between two or more parties, and the first party is (“the disclosing party”). The other party (s) is / they (“the receiving party”) the first party or his representative disclose this… Continue reading Confidential Information Definition