Category: F

The cash made by the financial activites in a firm to profit.

The standard fire insuance that covers causes of loss and damage but has a higher premium. It is an extended standard policy of fire insurance

An INVENTORY management and accounting methodology where the first raw materials or workinprogress inventory acquired for production of final goods are used first. See also LAST IN FIRST OUT (LIFO).

Insurance that pays the insured for an accident and damages that occur no matter who caused it. Refer to third party insurance.

A nominal rate of interest that combimes a real rate and inflation.

How productive a firm is by sales and dollars spent needed to make profit. Changes over time show the efficiency of the firm.The fixed asset use is an indicator in this figure.

When stock replenishment is ordered at regular times. The amount ordered changes but the interval doesn’t. It compares the maximum stock and the stock at hand to decide how much to order.

Interst that doesn’t change over the loan life.

Extending a brand to make another product with more market exposure. It may be different but is in the same category. It can be different in size, flavor, or type but must

A fee with no discount offered to repeat customers.

When employees can decide their salary and benefits to their own needs. It can involve travel, housing, and paid vacations.

When current stockholders can buy more stock for a discount from a target firm at a discount from the market value.

A company that handles pension plans for lump sum payment or installments. The principal is guaranteed by a company or bank issuing the policy. The payoff comes with a variable interest rate.

A unit of liquid volume. The US and Carribean countries still use while other countries changed over to milliliters. It is 1.8 cubic inches or 29.57 ml.

An order that needs a repeat supply of goods that are the same as the original.

Anything added to food to make it unfit for eating. It can also be something added to make food heavier. Or it can be a foriegn food in a wrong place. It

When a property is sold by the owner and not an agent. No commission is paid making it cheaper. It can be complicated however and an agent is trained to handle such

The introduction to a subject in a book. It is before the main text. If the author wrote it its called a preface. It may have some changes in it or a

Using standardized, written rules and procedures to govern employee activities, an organization structures the work roles extensively. T

Used to advance a written loan by agreement on a future date at a specified interest rate. Automatically expires if the potential borrower does not exercise the loan.