Category: A

A rule that protects the holder from harm that occurs from any actions or lack there of. Qualified privilege is another term for this.

A pricing method that includes variable cost per item and fixed costs. It guarantees a profit.

A backdoor way to claim illegal tax deductions.

Purchasing items in wholesale in order to sell them as retail. This prevents competitors from buying the good creating a monopoly. Abbroachment is another term for this business transaction.

A periodic return on stocks traded in an investment portfolio should there be more or less than average returned. Also called an excess return.

Absentee landlord is another name for this.

A specific amount of inventory allowed into a country. This limits the amount of foreign goods allowed in a country at any one time. It also called a tariff rate quota.

A predetermined rate that covers all costs incurred in an accounting period. Commonly called recovery rate.

An index used to derive the value of a mortgages subprime. A credit default to exchange is used to help those with weak credit. It has four series each containing 20 bonds.

When an employee and brokerage firm do business this is the resulting contract. It is done in the form of an outline that lists the rights of the firm. This agreement is

An error in the system or theft that can cause significant reduction in a company’s inventory. The loss exceeds the normal allowable level.

This occurs when an employee consistently is absent from work. Seldom does this individual have a valid reason. However, if valid reasons are given the absence does not qualify as such. Attendance

When an agreed payment is made the property is considered transferred from the seller to the buyer. This payment has no stipulations in this simple transaction.

Acceptable variance incurred by manufactured goods from the budgeted absorption rate.

This individual works and is bound by the laws of the Institute Of Chartered Accountants.

A systems analysis of items in order of importance that should be handled differently. This form of Pareto analysis in which the importance is listed by ‘A’ items are very important, ‘B’

A large amount of inventory waste that may be caused process inefficiency. Eventually this leads to abnormal loss. Abnormal spoilage is another term for this. The same can be applied to computers.

A country who can more efficiently generate a good or service than another. This is a big advantage in business. This theory was first suggested by the UK economist Adam Smith as

A title that is acquired by the proprietor. This absolute title is free from any complications such as judgments or liens. It is the only title required for selling a property or

Refuseal, from one bankruptcy court, to get involved with a matter of another court with jurisdiction