Integration: Difference between revisions
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imported>Doug Williamson (Add business combinations & financial maths definitions.) |
imported>Doug Williamson (Typo correction, add 'a'.) |
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1. ''Business combinations'' | 1. ''Business combinations'' | ||
A reduction in the total number of participants in market, following a merger or acquisition. | A reduction in the total number of participants in a market, following a merger or acquisition. | ||
This type of integration may be 'vertical' or 'horizontal'. | This type of integration may be 'vertical' or 'horizontal'. |
Revision as of 07:53, 22 August 2017
1. Business combinations
A reduction in the total number of participants in a market, following a merger or acquisition.
This type of integration may be 'vertical' or 'horizontal'.
2. Financial maths
In maths and financial maths, integration is the reverse process of differentiation.
3. Money laundering
The conversion of laundered money into assets which have the appearance of having been legitimately acquired.
This is a common third stage of money laundering, following 'placement' and 'layering'.