Category: C

1. To complete a deal, discussion, negotiation, or sales presentation. 2. Same meaning as closing price (Definition 2).

A sales message for goods or services limited to a specific consumer group. Example: a hotel’s special offer only to seniors over the age of 65 of a getaway weekend .

Shares owned by a specific few individuals, a family, or a specific small group.

In futures trading, a sale transacted to close out a position.

The shipping of goods or passengers by a ship registered in one country that occurs solely from port to port along the coast of another country. It is typically governed by the

Statistical test of (1) each agreement on events among two or more judges, or (2) of the consistency of two or more sets of rankings posted in a contest. Known also as

Group sharing one or more similar characteristics or sharing a significant experience during a certain period of time. For example, people born in the same year are birth cohorts, or the generation,

1.In General, this is a cooperative agreement of two or more parties to work jointly towards a common goal. The involved parties may or may not have had any previous relationship. 2.

A known employee or peer in the same profession, business or organization. Known also as coworker.

A specific quantity of a consumable item is stored at a customer’s premises, under agreement by the customer and owner-seller. The item is replaced, with the consent and knowledge of the customer,

Insurance for businesses to cover a forged check.

A 9 character number that is used to register a security in the US and Canada. Other countries have their own system similar to this one. Reer to International Securities Identification Numbering.

The rule in life insurance stating that the beneficiary must wait a period of time to get their inheritance. It is paid to the estate. AKA survivorship clause.

1. a message or object that is used to communicate. 2.a short report to update the public on a project.

An elected member on the board of directors. They are responsible for policy but do not have to be a share holder or employee. The decisions made are based on meetings and

Estimating cost based on how much the previous job cost to complete.

A group that evaluates the pay and sets it for the senior level employees. The community might be involved. Goals, and awards might also be considered by a committee.

Comparing the performance of a firm and its compeition to find the reason for the difference.

An asset sold that can make a profit based on price, quality, and sevice. It is better than what is already out there.

When lenders give funds against one security and record it on the total loan amount.