DISQUALIFICATION Definition

Bookmark and Share

DISQUALIFICATION, in the UK, is when a director is found guilty of "unfit" conduct. The director may then be disqualified from holding any management position for 2 to 15 years.

Learn new Accounting Terms

MATCHING PRINCIPLE see MATCHING CONCEPT.

AFFILIATE is a relationship between two companies when one company owns substantial interest, but less than a majority of the voting stock of another company, or when two companies are both subsidiaries of a third company.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.