Glossary of Classification Terms

Office of Financial Management, State Human Resources Glossary of Classification Terms The language in the class specification will have priority when explaining or defining any of the terms. Administrative. See Nature of Work. Advise. Identify options and recommend a course of action to assist others to resolve problems or make decisions. Allocation. Assignment of a… Continue reading Glossary of Classification Terms

USPS Tracking Plus

The US Postal Service has launched USPS Premium Monitoring, which enables consumers to view the tracking history of a domestic shipment for a fee. Thanks to a tip from a fan, we were the first to post on the latest feature on Sunday. Since then, we’ve heard that the available package provides a premium monitoring… Continue reading USPS Tracking Plus

Legal Definition of “Immediate Family Member”

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”

Solvency Certificate Meaning

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

Trademark Serial Number 85186497

The trademark is one of the most critical components based on which the public identifies a commodity. The trademark represents the company’s face, the logo, or the link that connects the audience with the company. A company is often referred to by its branding, as they become two sides of the same coin. Their companies’… Continue reading Trademark Serial Number 85186497

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What is an FRN?

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

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 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

Time-And-Materials Contract

Time-And-Materials Contract: A contract that provides for acquiring supplies or services on the basis of direct labor hours, at specified fixed hourly rates that include wages, overhead, general and administrative expenses, and profit; and materials at cost, including, if appropriate, material handling costs as part of material costs. A time-and-materials contract may be used only… Continue reading Time-And-Materials Contract