Innovation

To implement means to start using a plan, system, or law to make it happen or put it into action. It involves the practical step of carrying out a strategy or policy that has been officially agreed upon.

Innovation refers to the process of creating or implementing a new idea, method, or product that significantly improves an existing situation. It is commonly used in business and technology to describe breakthroughs that lead to growth or efficiency.

The total amount of income generated by the sale of goods or services related to the company's primary operations. It is often referred to as the 'top line' as it sits at the top of the income statement before any expenses are deducted.

A person, group, or organization that has an interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives, and policies.

A useful or valuable thing, person, or quality. In finance, it specifically refers to a resource with economic value that an individual or corporation owns or controls with the expectation that it will provide a future benefit.

The state of being legally responsible for something. In a financial context, it refers to a company's financial debts or obligations that arise during the course of business operations.

A legal consolidation of two entities into one, often to create a larger, more competitive company. Unlike an acquisition, it is usually presented as a friendly agreement between equals.

The act of one company purchasing most or all of another company's shares to gain control of it. It can also refer to the act of gaining a new skill, habit, or item.

A sum of money paid regularly by a company to its shareholders out of its profits or reserves. It is a way for a company to share its financial success with those who invest in it.

The action of spending funds, or the total amount of money spent by a person, company, or government. It is a more formal term than 'spending'.