Category: B

Analyzing business processes to determine if there is a more effective way to perform the existing ones, or if they should be completely re-designed. Typical reasons for BPI include outmoded processes or

A business scenario is a view of a possible future external environment based on a set of assumptions about important uncertainties which face the business and which may affect organizational performance.

An electronic commerce exchange where networks are used to connect institutional buyers and sellers of ASSETS, goods or services. See also ALTERNATIVE TRADING SYSTEM, BUSINESSTOCONSUMER (B2C) EXCHANGE, ELECTRONIC COMMUNICATIONS NETWORK.

Strategy requiring the simultaneous purchase of underlying securities and the writing of call options over those securities representing the same number of those securities.

A secondary result, unintended but inevitably produced in doing or producing something else.

Coverage for improvements made on a property done by a tenant.

The amount needed to get the cells or organ to do feel the effect of a substance.

A process where the BANK OF ENGLAND attempts to influence UK money supply indirectly by dealing in TREASURY BILLS through its own account, at market rates. See also FRONT DOOR.

The inventory left after orders are processed and the manufacturing needs are met. The parts used or bought are taken out of the inventory records to get an idea of what a

1. another resource used to make sure an activity can go on. Or a project that is done if a primary one cannot be done. 2. saving data on disk that are

When balls serve as friction in a bearing. It is designed to reduce friction.

A big hotel room that the public can use and serve food in. AKA banqueting room and function room.

A COMPLEX DERIVATIVE contract that creates or extinguishes an underlying EUROPEAN OPTION as the price of the market reference moves through a specified BARRIER. Four versions of the barrier option are commonly

A CREDIT DERIVATIVE contract that involves the exchange of a fixed or floating PREMIUM for a compensatory payment if one or more reference credits in a predefined BASKET DEFAULTS. The swap provides

The way hotels measure occupancy. It is one person per bed per night.

A rate that is less than the commercial bank lending rate. They are offered to the low or moderate income customers.

A tax rule that states people pay taxes based on benefits they get from the state.

To indicate or signal at a trend. If stock doesnt perform than the market will not either.

A payoff thats the same as paying off two options. Refer to worst of two option.

The most that a buyer will pay and the lowest a seller will accept. The difference in these prices is the spread.