Category: A

A strong angel investor with a successful history in investment. A consultant kept by angels to research and present opportunities.

Refer to autoregressive moving average (ARMA) model.

A clause stating that an item is bought with no warranty. The buyer takes the item as it is with any apparent or nonapparent faults.

A firm that another firm controls. At least 20% of shares are usually used for this. The directories are interlocked to make sure a common policy and similiar objectives are in place.

The requirement of an insurance officer to sign the contract for it to be official.

The SUPERVISORY BOARD of a German CORPORATION. See also VORSTAND.

A party allowed to manage an account. This can be for any type of account. They are not required all the time to repay debt incurred.

Automatic REINSURANCE coverage for an INSURER that becomes effective once a defined loss limit is exceeded, often implemented through a STOP LOSS AGREEMENT or a CATASTROPHE PER OCCURRENCE EXCESS OF LOSS contract.

The idea that any living system can maintain stability despite any changes. It is self regulated.

The amount of accounts in receivables, cash, and inventory just to name a few. They are easily converted into cash or can be sold in the year.

A BID on a LIMIT ORDER that is lower than the current price, or an ASK that is higher than the current price. The order is held for later execution unless it

The validity of a document or record. The document is kept in original form with no tampering.

See the definition for data transfer rate.

A skilled person in a speficic area. Or the past tense of accomplish.

The ways a company control their accounting practices. The goal is to follow rules and procedures, protect the company, and provide timely reports.

The interest on a BOND or LOAN that has been earned but not yet paid. Interest payable/receivable accumulates between COUPON payment periods; once a periodic interest payment is made, accrued interest reverts

Moneys obtained after a developer finds clients who will commit to leasing, that enable the company to obtain real estate and totally develop that piece of property with all necessary amenities. This

Any financial institution account that is regularly used.

A mechanical device that controls power flow.

An organization that keeps up with rapid change by acting like a chameleon. Employees have more decision power.