Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: A

ACCOMMODATIVE MONETARY POLICY

Stimulating economic growth by giving out more money. It decreases federal funds wrth making money easier to borrow. Refer to federal open market committee,tight monetary policy and federal reserve

ACCRETION

A periodic increase in the value of an ASSET or LIABILITY originally issued, granted, or sold at a discount to FACE VALUE. In general, the contract will increase on a straightline basis

ACTIONABLE INTELLIGENCE

Knowledge used to boost company position. It can lead to a strike or counter strategy. Refer to competitive intelligence.

ADAM SMITH

The father of economic theory. He has written severla books on markets and economics.

ACCEPTOR

The individual who agrees to purchase good by signing a bill on or before its due date.

ACCOMPANIED SHOPPING

When a shopper is asked questions while shopping about the experience. Night clubs and athletic centers use this method. Refer to solitary shopping or shopping alone.

ACCOUNTANT

A party trained in bookkeeping and finance practices. They make annual reports, statements, make decisions, plan, and advise on tax and investments. Refer to accounting.

ACCRETIVE

How a company or asset grow due to the addition of an external source. It is used to expand company size.

ACQUISITION FEE

Administrative costs including acquiring credit reports, proofing the paperwork, identifying proper insurance coverage etc. When a lease is set up.

ACTIVATED CARBON

A carbon used in catalytic coverters and waste treatment. It removes toxicity to the environment. One gram neutralizes 1,000 sq meteres. Refer to molecular sieve.

ACTUALS

A physical commodity or financial instrument. Physical items are delivered to the buyer before expiration dates. AKA cash commodity or physicals.

ADAPTABILITY

The way a company or entity reacts to change. It requires learning and competition.

ACCESS

1. The time when an individual is permitted into some security point. This is also called system access. 2. The authority to access restricted records.

ACCOMPLICE

A party who agrees to a crime as the main criminal or in accessory.

ACCRUAL BASIS

A general accounting method that reports income when it is earned and expenses when they are incurred. See also CASH BASIS.

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