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In accounting, minority interest (or non-controlling interest) is the portion of a subsidiary corporation's stock that is not owned by the parent corporation.The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, or the corporation would generally cease to be a subsidiary of the parent.
A defined contribution (DC) plan is a type of retirement plan in which the employer, employee or both make contributions on a regular basis. [1] Individual accounts are set up for participants and benefits are based on the amounts credited to these accounts (through employee contributions and, if applicable, employer contributions) plus any investment earnings on the money in the account.
There had been a long practice beginning in the Roman empire to the modern nation states of providing pension to those who had served in the military. [2]Cotton Mather, the 18th century New England Puritan minister and author, proposed that elderly people should be "pleased with the retirement which you are dismissed into".
Captain James Cook FRS (7 November [O.S. 27 October] 1728 – 14 February 1779) was a British explorer, cartographer and naval officer famous for his three voyages between 1768 and 1779 in the Pacific Ocean and to New Zealand and Australia in particular.
The Madoff investment scandal was a major case of stock and securities fraud discovered in late 2008. [1] In December of that year, Bernie Madoff, the former Nasdaq chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, admitted that the wealth management arm of his business was an elaborate multi-billion-dollar Ponzi scheme.
The Single Integrated Operational Plan (SIOP) was the United States' general plan for nuclear war from 1961 to 2003. The SIOP gave the President of the United States a range of targeting options, and described launch procedures and target sets against which nuclear weapons would be launched.
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