ACQUIRING BANK
A bank that processes card sales transfering the money to the merchants account.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A bank that processes card sales transfering the money to the merchants account.
The final premium payment and discharge of a fully paid loan documented by a receipt from the mortgagee.
The amount of exposure to a poison. The employer must take precautions. The level must be one half permissable exposure limits.
Chemical components that help an product to perform its function. This is the opposite of inactive ingredients.
Evaluating and identifying an activity and its operatinal impact. It tells what is being done, people needed, time, resources, data, and the value exerted on the organization.Refer to job analysis, performance analysis,
A summary for each salesperson used by management to monitor activities and performance. It has in it the customers helped, demonstrations, and new accounts.
The physical parts of a product like brand name, design, features, quality, and style.
In INSURANCE, the pricing of RISK based on probabilities of loss occurrence constructed from statistical distributions. Actuarial pricing is used to develop PREMIUMS that are intended to cover losses from underwritten risks
The father of economic theory. He has written severla books on markets and economics.
A buyers realistic expectation of the cost of a product or service. This is based on the quality and benefits expected.
When a statistic does not support the hypothesis it is considered a null hypothesis.
See the definition for data transfer rate.
An unforeseeable and unexpected turn of events that causes loss in value, injury, and increased liabilities. The event is not deliberately caused and is not inevitable. Refer to incident.
A loan given that will not benefit the lender.
A representative who manages a client, large customer, or acts as an agent broker. AKA registered representative.
The summary of transactions on an account with a customer over the last period of time. AKA statement of account and bank statement.
An accountants job to be careful with funds, follow rules and standards, and show a fair view of the position.
Error caused by neglicence or not following the GAAP. This is an error that is anything but fraud.
All the records about a company and its assets. They are used in audits and financial reviews.
Bills that must be paid. They can be suppliers, rent, salaries, and taxes. It is shown in liabilities short term in a balance sheet. This is used to show just how strong