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

Category: F

FUTURES PUT

An EXCHANGEtraded OPTION granting the buyer the right, but not the obligation, to sell a FUTURES contract at a prespecified STRIKE PRICE. See also FUTURES CALL.

FACTORING

Financing accounts recievable. It can be maturity factoring, finance factoring, discount factoring, or undisclosed factoring. Refer to discounting of accounts reveivable and forfaiting.

FAILOVER

How a machine or system can transfer the failed operations to a back up without interupting flow.

FAMILY INCOME

The compensation for family members 15 and older in the same household. It can be wages or other forms.

FARM TEAM

A compan that trains employees to leave for another company with more advantages. It offers not ideal working conditions.

FATALISM

The idea that events are predetermined and nothing can be done about it. Free will is nonexistant.

FEATURE STORY

A material that is used for convenience. A human interest story is an example of this. AKA evergreen story with a long shelflife.

FEEDBACK LOOP

A path that starts with an effect abd returns to its cause making the same effect occur.

FIELD TEST

An experiment under controlled conditions of a lab. AKA field experiment.

FILL RATE

The percent customers order stock at hand. Inventory measures this.

FINANCE CHARGES

The total cost of borrowing. The interest charges, commitment fees, and other charges are included. Refer to cost of capital.

FINANCIAL CONTROLS

Managing to get a goal out of a financial activity. Statements, operating ratios, and other tools are used to do this. At times planning, evaluations, and coordination are needed to make the

FINANCIAL INFIDELITY

When a spouse tries to hide something that affect a couple’s financial future. This also applies to a civic union if the couple is not married traditionally.

FINANCIAL PRIVACY

Rights protecting consumers from government access to account information. It is to be kept away from the third party with no authorization from the party that has power over the information.

FINANCIAL STATEMENT

A report showing the firm’s funds. It shows how invested funds are being used by a firm. It shows the current position of a company. It can be a balance sheet, income

FINANCING SQUEEZE

An event that happens in bad economic conditions when borrowers are not given credit. Or they get credit at a higher rate because of the restrictions on lending of a bank.

FIRE POINT

The temperature that liquid will become flammable for at least 5 seconds. The vapors ignite in this process. Refer to autoignition point and flash point.

FISCAL CAPACITY

How a group gets revenue. It can relate to government and other factors like income and the capacity of an industry. It is used to create fiscal policy.

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