House journal

A regular magazine or newsletter used in a company for its employees and also for an indirect image to outsiders.

House hold

The occupants of a house treated as a unit. A group of people staying together as a family; for demographic emotional and economic studies, all house-holds are taken together as a homogeneous sector.

House agency

An advertising agency of a company whose area of operation is not advertising as a business but prepare and display its own advertising.

Hotshot

(Informal) Ostentatiously aggressive.

Hot money

Any capital that moves frequently from one country to another in search of higher rate of interest is called hot money. Investment that is perched on liquid instruments for instant mobility.

Hot desking

The practice of sharing workspaces or moving from desk to desk according to needs; with high-tech I.T. system a stable or large office is assuming less importance.

Hostile take over

Purchasing enough of stocks of a company with a view to control it.

Horse power

A unit for measurement of power. One horse power is equivalent to 746 watts.

Horizontal format

Old form of balance sheet, showing net assets (on the right) and capital employed (on the left) side by side.

Horizontal expansion

The growth effected in a firm by creation of additional facilities common with the increase in productive activities of the firm.

Horizontal buying

The practice of booking advertisement spaces in various types of publications simultaneously.

Hope

(Informal) Ostentation in the matter of promoting something.

Honorary secretary

A person who undertakes secretarial responsibility of an undertaking without remuneration or at a nominal honorarium.

Home shopping

Buying of items displayed on TV by making phone calls.

Home page

A web site’s main or central page, or, alternatively, the page that appears on your browser when you log on.

Holding power

The capacity of a TV programme to attract an audience for a full season.

Holding cost

The account spent in connection with carrying of inventory.

Holding company

A company that holds shares of other companies and thereby controls them.

Holder in due course

A term in bills of exchange or cheques. A holder in due course is a person who owns a bill on its face value without being aware of any early history.

Holder for value

A term used in negotiable instrument act. The value refers to the consideration behind a ‘bill’ through the same may refer to a prior debt or liability.

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