Business / Finance / Novation: Defeasance whereby the firm's debt is cancelled.

Converted-Use Properties

Business / Real Estate / Converted-Use Properties: Factories, warehouses, office buildings, hotels, schools, churches and other structures that have been converted to residential use. Developers often find renovation of such properties more aesthetica MORE


Business / Real Estate / Friable: The breaking down of a substance into tiny filaments and particles. Asbestos is harmful only if it is disturbed or exposed, as often occurs during renovation or remodeling. Asbestos is highly friable. MORE

Suspended Trading

Business / Finance / Suspended Trading: A Eurobond issued by a Japanese corporation. MORE


Entertainment / Literature / Deuteragonist: A sidekick who accompanies the main protagonist, the main character or hero, in a narrative. In The Advenures of Huckleberry Finn, for instance, the slave Jim is a deuteragonist and Huck Finn is the p MORE

Transformational Leadership

Business / Human Resources (HR) / Transformational Leadership: A systematic form of leadership focusing on change and innovation. According to Bernard Bass, it is a form of leadership occurring when leaders "broaden and elevate the interests of their employees, w MORE


Business / Finance / Enterprise: An innovation that has a positive impact on one or more of a firm's existing products. MORE