This Encyclopaedic Dictionary (in Seven Volumes) is intended to serve the purpose of both an Encyclopaedia and a Dictionary in Commerce. It has been carefully designed, structured, compiled and edited to provide the students of Commerce, at different levels with a handy and reliable source for definitions, statements, laws, theories, principles and concepts, used in different areas of Commerce and Business Studies. These volumes provide adequate explanation of the terms in a simple, lucid and impressive style, with both straight-forward clarity of the concepts and invaluable background information. The presentation throughout has been aimed at sustaining the interest of the readers while enriching their vocabulary and comprehension of technical terms and expressions. This Encyclopaedic Dictionary which is the first of its kind in the area, will prove to be of incense utility to the student, researchers, academicians, managers, administrators, professionals and policy-makers for providing them n a right perspective and a clear understanding of the subject.