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

Category: F

FULL AND ACCURATE RECORD

(1) exact transaction copy; (2) sufficient to satisfy the need for retention; (3) authentic, undistorted evidence of being what it says it is; (4) complete with all information needed to represent the

FULL PAYMENT LEASE

No-loss lease. Leased asset or property seller or owner or lessor recovers the full cost of the item. This includes the original cost plus profit margin, interest, and other cost no matter

FULL TIME EQUIVALENT (FTE)

The ratio of total paid hours during a period to the total of working hours in that period. (part time, full time, contracted) . Typically done for a Monday-to-Friday period covering part

FUNCTIONAL AREA

1. Grouping of individuals in the organization, on the basis of the business work each performs. 2. Grouping of activities or processes based on their need to accomplish one or more tasks,

FUNCTIONAL STRATEGY

Organizational plan for functional areas such as human resources, marketing, R&D, MIS. Other corporate and business strategies are supported by each org plan, customized to its sector and industry.

FUNNEL SINKING FUND

Bond issuers retire outstanding bonds, especially high-coupon issues, using one annual sinking fund requirement. A repeatable, advantageous method.

FUTURES MARKET

Trading market for buying and selling commodities and future delivery contracts. Provides a place for hedging and speculating, complementary activities. Mitigates wild price fluctuations when gluts and shortages occur.

FACILITY TAKEOVER

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

FAIL TO DELIVER

A situation where a selling DEALER has not delivered securities to the buying dealer, and will thus not receive payment. Fails are commonly used as a measure of operationsbased PROCESS RISK. See

FAMILY BRAND

A brand that several products are under. Refer to brand family and line extension.

FAT MAN STRATEGY

The way the directors of a company that prevent hostile takeover. It buys assets to make itself not attractive to buy. It also takes on debt as well.

FEASIBILITY STUDY

Analyzing to see if a project is technically doable, cost effective, and profitable. AKA feasibilty analysis. Refer to cost benefit analysis.

FEED FORWARD

1. turning logical cause and effect events upside down. 2.when output of the previous step down the line.

FIBER

Basic components of fabrics. It must be 100 times its width and be at least 5mm if made into yarn. It is also spelled as fibre.

FIELD RESEARCH

An activity that collects data by many means like phone and mail surveys.

FINAL PROSPECTUS

A document used to sell a security. It describes the enterprise, management style, and financial status of the company. Compare this term to Red Herrig Prospectus.

FINANCIAL CLOSE

When conditions are finished or waived and the drawdown is possible for a contract.

FINANCIAL HOLDING COMPANY

In the United States, a holding company authorized under the GRAMMLEACHBLILEY ACT that is permitted to own entities involved in securities TRADING and UNDERWRITING, CORPORATE FINANCE, INSURANCE, asset management, and commercial banking.

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