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

Category: F

FIELD FORCE

A party that sells in the face to face manner with customers.

FIGURING THE TAIL

The predicted yield of a money market vehicle an investor buys when they get a future instrument. It is partially financed with the term repo.

FINAL ASSEMBLY

The end result of customer orders. It is the last stage before shipping.

FINANCIAL ACCOUNTING STANDARDS BOARD (FASB)

A US selfregulatory advisory panel that is responsible for creating and promulgating accounting standards for certified public accountants via the Statements of Financial Accounting Standards, the core of US GENERALLY ACCEPTED ACCOUNTING

FINANCIAL TRANSACTION

An event involving payment, deposits, borrowing money, buying property, or selling property.

FINGER

A program that shows information about a user or users on a network.

FIREFOX

An internet browser that is used on the world wide web. It was started by the Mozilla company in 2004. It is free and handles security issues in other browsers on the

FISCAL STANCE

The impact on the future economy that taxes and government spending has.

FIXED ACCOUNTING

The way a nonprofit agency runs. Expenses are sent to a specific fund that is made to cover it.The actual revenue is used to pay for any expenses through this fund.

FIXED EXPENSES

Similar to fixed costs. It is a cost that do not include noncash items.

FLAME SPREAD RATING

A measure of how far flames spread and how fast. The rating can affect how you build a house. It is based on a scale using asbestos cement board with a 0

FLAT DATABASE

A database with one large table. This different from many tables with a relational database. It is flat due to the 2d structure that cannot show complex data. AKA flat file database

FLEXIBLE MANUFACTURING

The way of planning for the changes and demands in a product to make a good. It can use machine flexibility or routing flexibility. Machines can either do more than one thing

FLIGHT TIME

The time when an aircraft is in the air. AKA wheels off to wheels on time.

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