DIRECT CREDIT RISK
The RISK of loss due to DEFAULT by a COUNTERPARTY on a direct extension of credit, such as a LOAN or DEPOSIT. Default on an unsecured direct credit risk transaction always results
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The RISK of loss due to DEFAULT by a COUNTERPARTY on a direct extension of credit, such as a LOAN or DEPOSIT. Default on an unsecured direct credit risk transaction always results
A customer brokerage account where the client gives the BROKER authorization to act on his/her behalf in buying and selling securities. The client may limit the discretion granted through time and/or price
A right granted by investors to an issuer of BONDS that allows the issuer to double the amount of the SINKING FUND provision in order to accelerate repayment and ultimate redemption.
A15 year MORTGAGEBACKED SECURITY issued by the FEDERAL NATIONAL MORTGAGE ASSOCIATION. See also GNOME, MIDGET.
The price range of a commodity or contract that chan safely be handled for business. Once reached no more trading happens until the next session. AKA fluctuation price or price limit.
Fishing for data that will cause a statisical bias. The information is true on a small scale but not generally accurate for a larger data set. It can be an accident or
A packet of data with a source or destination information that is needed for routing. It travels from source to the destination on a packet switched network. This is done independent of
A federal law started that to create minimum wage on public work projects. It is in the contract paying local wages and benefits based on similar projects. It was started by James
The days a company takes to pay its bills. It is measures how much on trade credit and short term financing is used.
A wall street term for brief recovery in the price of an unprofitable stock.
A gift for incentive that a retailer gets to get them to buy more. Dealer programs or premiums are an example.
Releasing liabilty for unsecured debt due to bankruptcy order or creditor. The debt is unenforceable. Anything secured with collateral are enforced through liens.
The income pledged for paying off debt. It involves expenses and income.
A shipment’s value used to decide charges and limits the carriers liability. It is the cost price and is lower than the declared value for customs.
Inventory shared by two operations to prevent breakdown or unevenness for machines. It reduces output synchronization. AKA intermediate stock.
A commercial good that is not fit for the use, dangerous, or has inadequate instructions. Refer to defect.
1. A planned expenditure the government has to put more money without taxing. It is supposed to increase business activity and additional revenue for shortfall. AKA defecit spending. 2. Financing debt to
The act of rearranging files on the hard disk to make faster data access.The space left when this happens is filled by new files. If its too big a fragment is left
Taking atoms from liquid. Water is passed through two resins to get rid of positive ions and other negative ones.
Erasing data from a storage medium. The space left is used.
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