Category: F

A CASH FLOW computation that is based on OPERATING CASH FLOW, less cash allocated to new and replacement ASSETS; alternatively it is net operating income less the REPLACEMENT COST for depreciated assets,

Exclusion statement, typically in marine insurance policies. A special, separate policy is necessary to cover excluded losses in situations such as warlike hostile acts, rebellion, mutiny, and civil strife.

No lien or other inhibitor to selling property or assets. No other person has any say or rights on a property or asset one wishes to sell.

Having no support, affiliation, or stated dependence.

Arrival port-to-customer transportation costs. Part of the final, total transportation costs of the shipment.

Peaceful, mutual resolution to a disagreement.

Starting statements in a contract that set the basis of contract administration, rights, responsibilities, and relationships of the contracting parties. T

A substance that provides energy when its makeup is chemically or physically altered. A product consumed, oxidized, or otherwise used.

Balance sheet’s breakdown by action or decision. Economic, environmental, health, and social costs posted into specific accounts.

Typically has a restaurant attached to it. Also refer to full service restaurant.

A condition a person must achieve to be eligible to collect social security retirement benefits. A section of OASDHI detailing the condition requirements. OASDHI stands for ‘Old Age, Survivors, Disability, and Health

Reduced productivity of a capital asset due to obsolescence. Decreased capability and throughput of an asset.

Using bonds or loans to raise monies. Sometimes done through issuance of securities such a bonds.

Disability benefits improvement at specific listed times during the plan or contract without rechecking insurability.

Interlacing fibers that have surface area and the strength to give it structure. It can be woven, knitted, or braided. Refer to textile.

The cost of making something at a location that includes raw materials, labor, and overhead.

Notice that is adequate for a party to react to. Refer to due notice.

Insurance for a beneficiary from the date of death in a time frame. When its over the face value is paid out.

The statement of the FASB that highlight accounting practices history.

Equipment that can recover from failure without disrupting operation. Disk mirroring or redundant controllers are used. The back up is kept to keep things going.