• DEFINITION OF INSURANCE
    INSURANCE

    DEFINITION OF INSURANCE

    Insurance can be seen as a wiseman arrangement of transferring a future loss to someone else by the way of paying a peanut now. It can also be defined as the agreement whereby one party promises to…

  • DEFINITION OF PUBLIC FINANCE
    ECONOMICS

    DEFINITION OF PUBLIC FINANCE

    Public Finance may simply be defined as the aspect of economics which deals with government revenue and expenditure. In other words, public finance involves the financial activities of government as they relate to revenue or income, expenditure…

  • DEFINITION OF PROMOTION MIX
    COMMERCE

    DEFINITION OF PROMOTION MIX

    Promotion mix deals with the communication aspect. The purpose is to make the goods and services known to prospective customers, i.e ., creation of awareness. It stimulates market interest in the product by determining the relative contributions…

  • DEFINITION OF A COMPANY
    COMMERCE

    DEFINITION OF A COMPANY

    A company can be defined as a legal person or entity created by the association of a number of people in accordance with the law for the purpose of a defined object. Examples of companies in Nigeria…