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Non-financial risks (NFR) are all of the risks which are not covered by traditional financial risk management. [1] This negative definition resembles the initial definition of operational risk , and it depends on the bank or corporation whether or not they use the term operational risk synchronously with NFR.
Non-financial assets may be tangible (also known as real assets, e.g., land, buildings, equipment, and vehicles) but also intangible (e.g., patents, intellectual property, data). [ 1 ] [ 2 ] Non-financial assets can be further divided into produced assets (fixed assets, inventories, and valuables) and non-produced assets (natural resources ...
Elon Musk's Department of Government Efficiency is pushing for access to an Internal Revenue Service system that retains the personal tax information of millions of Americans for the ostensible ...
Monopolistic market structures also engage in non-price competition because they are not price takers. Due to having rather fixed market prices, leading to inelastic demand, they engage in product differentiation. Monopolistic markets engage in non-price competition because of how the market is designed where the firm dominates the market.
Recent court orders slowing down or indefinitely blocking President Donald Trump’s policy blitz have raised the specter that the executive branch might openly flout the federal judiciary and ...
President Donald Trump's transition team asked more than a dozen senior career diplomats to step down from their roles, two U.S. officials familiar with the matter said, as the newly inaugurated ...
U.S. President Donald Trump's administration ordered a pause on all federal grants and loans starting on Tuesday, a sweeping decision that could disrupt funding for education, healthcare, poverty ...
Dies non is a part of the Latin phrase literally meaning "a day when courts do not sit or carry on business". [1] Dies non juridicum is the full Latin phrase literally meaning "Day without judiciary. [2] The expression dies non (juridicus) was used for defining a day which is not a (court) day or a day on which no legal business is carried on. [3]