Outrageously Funny Word Dictionary :: Dollarwise

👉 The term "dollarwise" is a phrase used in financial terms to describe a situation where all or most of the assets of an entity are held in the hands of one person, often known as the "person with the power." This typically occurs when a company has limited control over its operations and finances, and it becomes necessary for the CEO (Chief Executive Officer) to have full control over all aspects of the business. The term is commonly used in finance and accounting to describe a situation where

dollarwise