Examlex
Differentiate between "off-budget" deficit and the "on-budget" deficit.
Promoters
Individuals or organizations that undertake the founding and organization of a corporation by arranging for its financing, registration, and public offering.
Fiduciary Duty
A legal obligation of one party to act in the best interest of another. The obligated party is typically a trustee, financial advisor, or lawyer.
Competing Business
A company that operates in the same industry and market segment as another, offering similar products or services.
Director
An individual appointed to serve on the board of an organization, responsible for overseeing and guiding the organization's policies, finances, and operations.
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