Coordination

Coordination is the task of blending the activities of individual and group efforts in order to maximise the contribution towards the accomplishment of common goals.

Credit Card

A card which is issued by a bank or group of bodies or other agency which provides the holder direct access to credit e.g., from a merchant location, hotel etc., or, in the case of some cards issued by banks, to cash from the banks operating the particular scheme.

Current Liabilities

Debts, such as accounts payable, short-term loans, and unpaid taxes, that will have to be paid off during the current fiscal period.

Cumulative Preference Share

A preference share which entitles the holder to receive not only the current dividend but also any unpaid arrears, before any dividend has been paid to ordinary shareholders.

Corporate Tax

Corporate tax is a tax on income of the companies.

Contract

An agreement, oral or written whereby one party undertakes to do or not to do something for the other party to the contract.