Category: E

Introduced as an improved version in 1987. International Monetary Fund (IMF) provides poorer countries concessional loans medium-term (5 to 10 years) for arranged payments balance adjustments. Some 65 countries are eligible for

An organization’s mission, functions, processes and information flows depicted at the strategic level. Used as the reference for constructing all other models, decomposing the strategy into ever-increasing levels of detail.

Organized business-owner group, meeting regularly, sharing information, and experiences, as well as tools for improving businesses.

Degradation of a pollutant, documented in stages, once it is placed in an environment. Pollutants can be chemical, like a pesticide, or biological, like an enzyme.

Prohibits discrimination in benefits or wages based on gender when work performance involves similar skill sets, efforts, and job responsibilities. A federal statute amending the Fair Labor Standards Act in 1963.

When subdividing a large piece of land into adjacent pieces, an implied right-of-way to all pieces exists.

A lender charges a lower than normal interest rate in exchange for some percentage of interest in the asset used as collateral for the loan.

The idea that job satisfaction and motivation comes from measuring effort and results against another company’s staff.

Definition given to an unresolvable difference between a model and the actual result used for the model. The differences typically occur due to external factors. The model is typically a statistical or

An adjustable premium cost projected now. T

Evaluation on an entity’s moral and legitimate performance. Measures an organization’s perspective and execution on that which is ethical Done by a neutral, third-party.

Commonly used for settling international transactions, US currency or funds held outside the US in bank accounts.

The monetary system of member European nations that is based on coordinated management of INTEREST RATES, FOREIGN EXCHANGE rates, and INFLATION. The EMU created the EUROPEAN CENTRAL BANK to guide its policies,

(1) A REVOLVING CREDIT FACILITY without a specific maturity; the facility rolls over automatically every quarter or year until the BANK decides to convert it into a term LOAN with a defined

365-day year is the basis of this computed Interest. Contrast to a 360- day year used to compute ordinary interest.

Setting a value as a ceiling that is higher than the normal ceiling set in this type of agreement. Can also be a second agreement with a higher ceiling than the primary

Swapping assets that are very different, like land for bearer bonds. Both instruments in the swap have significant value.

Makes a person the sole agent providing specific goods and/or services to a particular area or market.

One who enjoys an excursion. In the Travel industry, it names a person staying in a country less than 24 hours.

Infrastructure source of up-to-the-minute operational data, collected and screened from many databases. Financial information, work-in-process, inventory numbers, sales numbers, market trends, industry statistics, and market price of the firm’s shares are the