When one company takes over another and clearly establishes itself as the new owner of the company, the purchase is called an acquisition. A ‘merger’ happens when two firms, often about of the same size, agree...

Shareholder or stockholder refers to an individual or an organization that owns share(s) of stock in a joint-stock company. It is a legal process to own the shares. Thus, there is no difference between a...

Shareholder, as the name signifies, refers to an individual or an organisation that owns a share in a corporation or mutual funds. A stakeholder is someone who has a vested interest in an organization and its...

Income can be described as the total inflow of revenue during a period of time. It generally includes the wages, interests, rent and profits. Profit can be defined as the surplus that is remained after the...

Ex gratia refers to the act of donation that is made due to moral obligation rather than any legal requirement, whereas bonus is an added monetary benefit that is usually provided to the employee in order to...