A non-compete agreement legally obliges a current or former employee to compete with the employer for a specified period of time after the employment relationship ends.
Under such an agreement, the employee must not disclose trade secrets obtained during work.
These contracts specify how long an employee must refrain from working with a competitor, in a geographic region, or in a particular market.
Some states, such as California, refuse to enforce non-compete agreements.
Non-compete agreements can prevent workers from getting jobs in their field if they leave.
The 2,000 investor limit or rule is a key threshold for private businesses that are unwilling to disclose financial information for public consumption.
The 500 shareholder threshold was a rule set by the SEC that required companies to publicly disclose financial statements and other information if they reached 500 or more individual shareholders.
The Accredited Asset Management Professional (AAMS) professional title is recognized as the industry benchmark for asset management credentials and endorsed by leading financial firms.
Always Be Closing is a mantra used in the sales world meaning that the salesperson should always be thinking about closing deals using whatever tactics are necessary.
The Basel Accords are part of a series of three international banking regulatory meetings that established capital requirements and risk measurements for global banks.
Basel III is an international regulatory agreement that introduced a series of reforms aimed at improving regulation, supervision and risk management in the banking sector.
Black money includes all funds earned as a result of illegal activities, as well as other legitimate income that is not taken into account for tax purposes.