A B C D E F G H I J K L M N O P Q R S T U V W Y Z

Parent company

A parent company, sometimes called a holding company, is a corporation that has subsidiaries which are wholly or partially-owned separate businesses controlled by the parent. Although corporate law varies from one country to another there are several ways in which…

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Paris Convention

The Paris Convention for the Protection of Industrial Property, first adopted in 1833, is the major international agreement providing basic rights for protecting intellectual property rights. It covers patents, industrial designs, services marks, trade names, indications of source and unfair…

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Parity

Exchange relationship of a currency to a legally binding reference, i.e., to a specific amount of gold or to other currencies.

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Particular average

An insurance loss that affects specific interest only. There are two kind or particular average losses: the total losses of a part of goods, and the arrival of goods at destination in damaged condition. Total loss: in this situation, it…

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