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Financial terms in "Compliance and Governance"

1. general undertaking

2. Ex Officio

3. regulation

4. CEO

5. UCC

6. Proxy vote

7. corporate planning

8. Financial Industry Regulatory Authority

9. chief executive

10. control

11. Statement of Financial Accounting Standards

12. UGMA

13. Articles Of Association

14. Regulation S-X

15. Regulation Z

16. BaFin

17. Special Resolution

18. Proxy fight

19. Quorum

20. CUSIP

21. Statutory voting

22. NAIC

23. corporate governance

24. Ordinary Resolution

25. Securities and Exchange Commission

26. Office of Thrift Supervision

27. directorate

28. Commodity Futures Trading Commission

29. Office of Management and Budget

30. National Association of Securities Dealers

31. Building Societies Ombudsman

32. Annual General Meeting

33. Office Of Fair Trading

34. Compliance Officer

35. MD

36. Companies House

37. Rule 144

38. general meeting

39. Regulation D

40. Proxy statement

41. FSA

42. Minority interest

43. Ombudsman

44. Bylaws

45. associate director

46. FIMBRA

47. Registration Statement

48. Delisting

49. Takeover Panel

50. CH

51. SEC

52. Watchdog

53. Registered Company

54. accountability

55. Companies Registration Office

56. minutes

57. directors' report

58. Uniform Commercial Code

59. Resolution

60. Financial Services Authority

61. Personal Investment Authority

62. co-director

63. registration fee

64. Annual report

65. Financial Services Act

66. Suitability rules

67. Outside director

68. Statements of Standard Accounting Practice

69. Regulation T

70. Executive Director

71. NASD

72. Cumulative voting

73. Securities and Investments Board

74. Options Clearing Corporation

75. compliance

76. executive officer

77. SC

78. Proxy

79. Securities and Futures Authority

80. Trade Descriptions Act

81. Investment Management Regulatory Organisation

82. National Credit Union Administration

83. Markets in Financial Instruments Directive

84. chairman's report

85. Annual meeting

86. regulatory agency

87. Board of Directors

88. deregulation

89. Disclosure

90. Serious Fraud Office

91. OMB

92. Monopolies and Mergers Commission

93. FINRA

94. proxy form

95. company registrar

96. CFTC

97. boardroom

98. Committee on Uniform Securities Identification Procedures

99. corporate resolution

100. compliance department

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Featured term of the day

Definition / Meaning of

Franchised Monopoly

Categories: Business and Management,

A government-granted monopoly. The most important reason for the government granting a monopoly is in the case of the product or service being a natural monopoly, i.e. unable to sustain more than one producer. This is usually the case when very large economy of scale is needed to make production efficient (so the marginal cost of producing each additional unit is very low). Thus, given the huge scale of production needed for efficiency, it could be that the entire market demand would be fulfilled by a single efficient producer, making it unfeasible to have a second producer in the market. Thus, the government may decide to simply give a producer a monopoly, so that the producer is convinced of the fact that there is adequate market to achieve efficient scale. A government may also choose to grant monopolies in special conditions such as when they want to encourage a specific kinds of innovation (patents are effectively a government-granted monopoly), give preference to a producer who might also be involved in community development activities etc.

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