Category: B

1. a place where passengers sleep on a ship or train. 2. where a boat is moored when loading and discharging passengers or cargo.

1.stating that a certian result won’t necessarily occur. Good faith promises that it will get as close as is humanly possible. 2. A high standard that if it isn’t met is excusable.

A charge on freight that covers costs fo getting the cargo from the port to the destination.

The three main US auto manufacturers. They are General Motors, Ford, and Chrysler.

A document a carrier or agent gives a shipper to carry the goods. It can be a receipt for cargo that is to be taken to a destination.

A hybrid of the BARRIER OPTION and BINARY OPTION that grants the buyer a payoff equal to a fixed cash or ASSET amount if the price of the UNDERLYING market reference breaches

An investor who searches but does not buy a property.

The day September 16, 1992. This day Sterling lost 15% value after it withdrew from the European Union.

When an imperfection that is noticable but doesn’t impair use. Refer to defect, imperfection, and nonconformity.

The policies one insurance company writes with the same terms and forms.

The rapid sale of a new issue of securities, leaving the UNDERWRITERS with no residual RISK position after BREAKING SYNDICATE.

The standard size of the font in the body. The top of the tallest letter and the bottom of the lowest letter is used for the measurement. It is expressed in points.

A test for analysis that decides if results of analysis are worthwhile.

(1) The original purchase price of an ASSET. (2) The current accounting value of an asset, typically computed as MARKET VALUE or original purchase price less accumulated DEPRECIATION.

The ability to borrow more funds. A person or company with a great deal in assets and little in debt is likely to have greater borrowing power than a person or company

In relation to diamond trading, blood diamond (also called a converted diamond, conflict diamond, hot diamond, or a war diamond) refers to a diamond mined in a war zone and sold to

A smaller, remotely located office that is separate from a company’s corporate headquarters.

Amount of time between leaving a company and returning to work at the same company; used in calculating benefits in regard to leaves of absence, short-term disability, and other extended periods of

Assessment of the remaining assets of a company on winding up after all liabilities have been paid. Such assets are available for distribution to shareholders of the company.

Insurance coverage that extends beyond the basics to include rare events that may be of serious risk to the insured. This type of insurance usually requires that a higher premium, and often