Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: F

FINANCIAL POSITION

The status of an organization’s assets and other items listed on the financial statement. It also looks at interrelations among assets. AKA financial condition.

FINANCIAL STAKEHOLDER

A party involved in an investment for a special job that can gain or lose profit depending on the projects competion. They do a specific part of the job that is important

FINANCING RISK

Loss that gets bigger the longer the loan or credit period goes on.

FIRE MAPS

A map of fire insurance written by insurers. It shows the covered risk area and helps avoid loss.

FIRST LOSS POLICY

Insurance that is partial where average rules do not apply. It covers estimated loss. It is not subject to the subject of average rule. It is used to cover loss due to

FISCAL BALANCE

The money the government gets from taxes and assets taking into account spending. If this balance is negative there is a defecit and when it is positive than there is surplus or

FITCH RATINGS

Research in business credit ratings. It shows creditworthiness. This can affect if you can get a bond, Eurobond, and fund market. It is comperable to investors service and standard and poor’s. Refer

FIXED CAPITAL

Employed in assets to be used over a long time. These assets get repeated use. AKA fixed investment.

FIXED ORDER QUANTITY

When inventory is watched and refreshed when the amount goes below a level. This is monitored continuously for reorder.

FIXED STRIKE LADDER OPTION

An OVERTHECOUNTER COMPLEX OPTION that allows the buyer to lock in any accumulated gains prior to expiry as the price of the UNDERLYING exceeds prespecified market levels (or

FLASH MEMORY

ROM that keeps contents when the computer is off but it can be erased and reprogrammed. The right equipment is needed to reprogram it. It is used for firmware.

FLESCH FORMULA

Finding the ease in reading text by syllable counting or sentences per 100 words. It’s named after Dr. Rudolf Flesch. AKA flesch test.

FLIPPING

When a new issue is bought and sold instantly to increase price on the market.

FLOOR DUTY

When an agent must stay in the office for walk in customers and to answer phones. The real estate agents must give face to face in office time.

FLUORINE

A gas that is yellow green and poinsonous. It occurs when making halogenated particles for aerosol propellants. It reacts with hydrogen and sodium. It is very reactive.

FOLLOWING FORM

A form that is the same as insurance for a property but is not insurance.

FOOD POISONING

When food is contaminated and makes a person sick. It can be a chemical, lead, mercury, blowfish, poisonous berries, poisonous fungi, and toxins. It can cause abdominal pain, nausea, diarrhea, and vomiting.

FORBES

A company started in 1917. B. C Forbes started it to make online or in print publications. It is a parent company to others that focus on investments. It gives advice online

FORGING

Forming a specific, wanted shape during the manufacturing process from molten meta. Subsequent hammering, pressing, rolling, or squeezing are additional operations that can be used to get the final shape.

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