EXCEPTIONAL ITEM
An accounting entry that is contrary to what is normal or expected, and may need some attention or rectification. An example is an unusually large cost or an unusually large revenue. The
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
An accounting entry that is contrary to what is normal or expected, and may need some attention or rectification. An example is an unusually large cost or an unusually large revenue. The
A condition where sellers have more quantity at a specific price than buyers will buy. This causes a surplus. Typically the price of the goods is higher than the equilibrium price where
A MUTUAL FUND on a security, BASKET or index, that trades on an EXCHANGE with continuously quoted and constantly changing prices, and which provides investors with the ability to engage in SHORT
Formally agreed-to restriction allowing a real estate agent to be the sole marketer of a property, typically for a 3-month period. The property owner can sell to anyone the owner finds and
A trust whose setup is complete such that the trustor is no longer need by the beneficiaries to enforce the bounds of the trust. Known also as completely constituted trust or perfect
An as yet unfulfilled promise made for some consideration. Refer to executed consideration.
An external, independent variable having affect on a model, but not affected by the model. The model builder specified the variable but set no qualitative characteristics or value generation method. An exogenous
A theory of INTEREST RATES indicating that the expectations of investors influence the TERM STRUCTURE of rates. Thus, if investors expect future rates will be higher than current rates, the YIELD CURVE
A method of economic forecasting. The technique of adding consumption, government spending, investment and exports together as a measure of gross domestic product (GDP).
Primary credit-reporting bureaus. One of the three best known.
Commentary that is made to clear up a subject to make linkages clear in a concept. Refer to definition and description.
An allowance for domestic companies to export.
Group policy rule that pays life insurance benefits if the insured party is disabled from the time premiums are not paid until that person dies. It is also paid if the person
The loss of growing interest rates that slows the rate of principal payments on loans.
The party that influences or is influenced by a company but is not a member.
Predicting an unknown from the known data. It uses history and the current population to predict growth. If the current situation is stable it is a good prediction method. Refer to interpolation.
v. To send, take, or carry an article of trade or commerce out of the country.To transport merchandise from one country to another In the course of trade. Tocarry out or convey
(From ex, from, and ro- gare, to pass a law.) In Roman law. To takesomething from an old law by a new law. Tayl. Civil Law, 155.
Any oppression by color or pretense of right, and particularly the exactionby an officer of money, by color of his office, either when none at all is due, ornot so much is
To constitute extreme hazard, the situation of a vessel must besuch that there is imminent danger of her being lost, notwithstanding all the means thatcan be applied to get her off. King