Category: B

Etiquette (pronounced [,eti’ket]) is a code of behavior that delineates expectations for social behavior according to contemporary conventional norms within a society, social class, or group.

The sum of all income and expenses which are the result of a business operated by the trust or estate.

The variety of guest types at a hotel that together make up the hotel’s clientele. A typical business mix might be part business travelers, leisure travelers and convention business.

Assumptions and other principles that are underlying a business process design and this also determines the activities or events and how they are played out.

A graduate school offering study leading to a degree of Master in Business Administration grad school, graduate school – a school in a university offering study leading to degrees beyond the bachelor’s

When a business needs their marketing and advertising services outsourced, these agents specialize in just that. Agencies in the B2B business contract their services on a paid per performance basis.

An order typically from a large institutional investor to a broker to purchase all the shares available at the market from the specialist and other brokers and dealers at the current offer

A sequence of 8 bits (enough to represent one character of alphanumeric data) processed as a single unit of information.

A asset whose changes are made to make services better.

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.