Examlex
Michael Porter concludes that the overall impact of the Internet is to increase competition, which generally diminishes a firm's profitability.
Commercial Paper
Short-term, unsecured promissory notes issued by companies to finance their operations, often with maturities of less than 270 days.
Sum Certain
A specific, fixed amount of money that is clear and unambiguous in a legal agreement or financial transaction.
Shares of Stock
Units of ownership in a corporation, representing a portion of the corporation's capital.
Negotiable Instrument
A written document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer's sign.
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