Today I share with you two known terms - Policy and Corporation with a Notable Quote and some interesting links from Daily Corruption News worldwide which I subscribe to.
Term of the Day

policy

1. Politics: (1) The basic principles by which a government is guided.
(2) The declared objectives that a government or party seeks to achieve and preserve in the interest of national community. See also public policy
1. Insurance: The formal contract issued by an insurer that contains terms and conditions of the insurance cover and serves as its legal evidence
1. Management: The set of...
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Usage Example
Sometimes in the workplace, what the policy says to do and what people are doing are two different things.
Term of the Day

corporation

The most common form of business organization, and one which is charteredby a state and given many legal rights as an entity separate from its owners. This form ofbusiness is characterized by the limited liability of its owners, the issuance of sharesof easily transferable stock, and existence as a going concern. The process of becoming a corporation, call company...
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Usage Example
Deciding which type of corporation is the best for your business can be a confusing and tedious task.
Notable Quotable
"It's no accident that the largest investment house in the world, Merrill Lynch, has a bull for a mascot, and took 'Bullish on America' for its corporate motto. No investment house has dared adopt the slogan 'Bearish on America', even during market decline." 
-Anonymous
29 January 2015
Today's top story
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Christian Science Monitor (TI mention)
When Carmela, a middle-aged woman in a makeshift homeless settlement in Venezuela, witnessed her grown son being beaten and dragged out of his apartment by the police, she knew that arranging for his freedom would be a difficult task.
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