Category: B

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.

A retail store with the layout of a box or square if seen from above. There is a large floor space and many items for sale. They are located in suburban areas.

The weight of a shipment on the freight bill. Its used to compute the freight.

A model used to show option values in different time periods at different prices. Only two prices are used in the model. The reality is that the price may have more than

When the input of advertising is used to study the output or buying.

1. when commercial power is lost over a large area. 2. a stopping of activity over a period of time.

An ad that remains anonymous as to who is advertising. Only a phone number and PO box is lsted. Most states have made this illegal for real estate agents to do this.

Reducing the price of a block of stock. The value has gone down due to its lack of selling in the current market.

A label warning that the contents of a package is radioactive.

A task that is impossible. An overly ambitious party takes it on knowing the resources available are not enough to get the job done.