Sanction and Small and Medium-sized Enterprises: Difference between pages

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1. ''International trade - international relations - law - international law - noun.''
(SMEs).  


Any penalty or punishment, including economic disadvantages, sporting or cultural restrictions.
Companies whose headcount or turnover falls below certain limits.


For example, the European Union takes SMEs as having fewer than 250 employees and either turnover not exceeding €50m or (annual) balance sheet not exceeding €43m. Even within the EU, Member States may use different levels for domestic purposes.


:<span style="color:#4B0082">'''''UN sanctions take different forms'''''</span>


:"Security Council sanctions have taken a number of different forms, in pursuit of a variety of goals.  
''Note.''


:The measures have ranged from comprehensive economic and trade sanctions to more targeted measures such as arms embargoes, travel bans, and financial or commodity restrictions.
The term uses 'enterprises' and not 'companies'. Of course, it might have used 'firms' or 'businesses' and so on rather than 'enterprises'. The reason is that the overwhelming majority of enterprises are not companies but are unincorporated small businesses.  
 
:The Security Council has applied sanctions to support peaceful transitions, deter non-constitutional changes, constrain terrorism, protect human rights and promote non-proliferation.
 
:''United Nations Security Council''
 
 
:<span style="color:#4B0082">'''''CJEU can sanction EU institutions'''''</span>
 
:"The CJEU gives rulings on cases brought before it. The most common types of case [include]...
 
:Sanctioning EU institutions (actions for damages) – any person or company who has had their interests harmed as a result of the action or inaction of the EU or its staff can take action against them through the [CJEU].
 
:''Court of Justice of the European Union (CJEU)''
 
 
2.  ''International trade - international relations - law - international law - verb.''
 
To impose a sanction, as defined above.
 
 
3.  ''Law - verb.''
 
To officially allow or permit an action or omission.
 
 
:<span style="color:#4B0082">'''''Company general meetings can sanction minor irregularities'''''</span>
 
:"In the case of minor irregularities in running a company, a general meeting can pass a resolution to sanction the irregularity.
 
:Major irregularities cannot be sanctioned in this way."
 
:''Oxford Dictionary of Law - the Treasurer's Wiki - Ratification''
 
 
4.  ''Law - noun.''
 
The approval or permission so given.
 
 
:<span style="color:#4B0082">'''''Court sanction required for arrangement in insolvency'''''</span>
 
:"A scheme of arrangement is an agreement between a financially distressed company and its creditors or members to effect a merger or a restructuring, which requires the sanction of the court."
 
:''The Treasurer's Wiki - Scheme of arrangement''




== See also ==
== See also ==
* [[Court of Justice of the European Union]] (CJEU)
* [[Challenger bank]]
* [[Damages]]
* [[Company]]
* [[EU institutions]]
* [[Financial reporting]]
* [[European Union]]
* [[Micro-multinational]]
* [[Insolvency]]
* [[Mid-sized companies]]
* [[International law]]
* [[Retail]]
* [[International trade]]
* [[Small Business Commissioner]]
* [[Law]]
* [[Merger]]
* [[OFAC]]
* [[OFSI]]
* [[Ratification]]
* [[Restructuring]]
* [[Sanctions]]
* [[Sanctions screening]]
* [[Scheme of arrangement]]
* [[United Nations]]  (UN)


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Compliance_and_audit]]
[[Category:Compliance_and_audit]]
[[Category:Ethics]]
[[Category:Ethics]]

Revision as of 21:11, 4 December 2021

(SMEs).

Companies whose headcount or turnover falls below certain limits.

For example, the European Union takes SMEs as having fewer than 250 employees and either turnover not exceeding €50m or (annual) balance sheet not exceeding €43m. Even within the EU, Member States may use different levels for domestic purposes.


Note.

The term uses 'enterprises' and not 'companies'. Of course, it might have used 'firms' or 'businesses' and so on rather than 'enterprises'. The reason is that the overwhelming majority of enterprises are not companies but are unincorporated small businesses.


See also

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