Category: F

A company’s 12-month future estimate off-price-to-earnings ratio (P/E).

A freight forwarder issues cargo shipment related documents. the forwarder must sign as a carrier or as a multimodal transport operator. Done to meet standard commercial requirements.

End-user friendly, high-level computer language. Provides the capability for non-programmers to write fairly short programs as queries to databases to generate custom reports. An example is IBM’s Structured Query Language, known by

Scope, boundaries of the overall context for an event or issue that occurred. Too narrow a scope potentially exclude essential context; too broad a scope potential includes useless, distracting context. A

Term of sale that the buyer is responsible for loading and subsequent charges beyond the seller’s price invoiced or quoted plus charges only up to the ship at the port of departure.

Useful item of consumption. Naturally in abundant supply. Needs no conscious effort to obtain it. An example is air. Contrast to an economic good. Demand and human effort is required to obtain

A facility for outpatient care to surgical patients. Also known as a surgical care center.

An estate retained indefinitely as rightful owner. Contrast to leasehold estate, which holds an estate for a limited period only with terms and conditions that are very specific. Also refer to fee

A way to project the total freight moved yearly over a collective or specific roads.

The repeat traveler who gains by staying at a particular hotel or at different properties owned by the same chain. Also refer to frequent fliers.

A process where the BANK OF ENGLAND attempts to influence UK money supply by lending directly to discount houses and other financial institutions. See also BACK DOOR.

An INSURER that is interposed between a CEDING INSURER or CAPTIVE, and a REINSURER. Use of a fronting insurer allows the insurer or captive to access the professional reinsurance market directly and

Travel cost at normal one-way price, with no discounts.

Responsibility for all maintenance and service charges for auto or equipment repair belongs to the lease lessor.

A regular paying job for a person working 35 to 40 hours each week, every week. Refer to salaried work.

Evaluation of the detail workings of a function and its potential or actual results. A problem-solving method. Functional decomposition down to code occurs to reach the level needed to solve identified issues.

Authorized third-party oversight required by government. Typically, financial services companies receive this oversight. Intent is proven compliance by managed operations to prudent and fair-mannered processes.

Quality control experiment. Traditionally, it is hitting a mark on a smooth, flat surface below a funnel guiding marbles dropped. Demonstrates the need to remove variation from a process or a system.

Trading center exclusively for trading futures contracts and commodity / financial instrument options. This entity has set rules and regulations. Establishes a market for buyers and sellers. Chicago Board Of Trade, Chicago

Identity theft involving impersonating another party to get financial information via mail.