Corporatocracy: Definition & Features
Posted inGovernment & Politics

Corporatocracy: Definition & Features

Corporatocracy refers to a political system that is controlled by corporations or corporate interests. In corporatocracy, individuals are appomted to rule the state by another set of individuals that constitutes the shareholder or rather those who top in the hierarchy of stakeholders.
Difference Between Privatization and Commercialization
Posted inDifference Between Economics Government & Politics

Difference Between Privatization and Commercialization

Privatization is a policy of the government created to afford individuals, corporate bodies, the opportunity to take over ownership and control of government enterprises, companies, etc. while Commercialization is a state policy of making its companies, enterprises, parastatals, etc, more efficient and even more profit oriented. It will also make these organisations come up with efficient management of resources.
Future Value
Posted inFinance

Future Value (FV) – Definition, Concept & Calculation

The future value (FV) is the value that a certain amount of money that we currently hold or that we decide to invest in a certain project will have in the future. The future value (FV) allows us to calculate how the value of the money that we currently have (today) will change considering the different investment alternatives that we have available. In order to calculate the FV we need to know the value of our money at the current moment and the interest rate that will be applied in the coming periods.