Category: F

A process where the BANK OF ENGLAND attempts to influence UK money supply by lending directly to discount houses and other financial institutions. See also BACK DOOR.

An INSURER that is interposed between a CEDING INSURER or CAPTIVE, and a REINSURER. Use of a fronting insurer allows the insurer or captive to access the professional reinsurance market directly and

Travel cost at normal one-way price, with no discounts.

Responsibility for all maintenance and service charges for auto or equipment repair belongs to the lease lessor.

A regular paying job for a person working 35 to 40 hours each week, every week. Refer to salaried work.

Evaluation of the detail workings of a function and its potential or actual results. A problem-solving method. Functional decomposition down to code occurs to reach the level needed to solve identified issues.

Authorized third-party oversight required by government. Typically, financial services companies receive this oversight. Intent is proven compliance by managed operations to prudent and fair-mannered processes.

Quality control experiment. Traditionally, it is hitting a mark on a smooth, flat surface below a funnel guiding marbles dropped. Demonstrates the need to remove variation from a process or a system.

Trading center exclusively for trading futures contracts and commodity / financial instrument options. This entity has set rules and regulations. Establishes a market for buyers and sellers. Chicago Board Of Trade, Chicago

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

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

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

Property not on farm insurance like livestock.

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.

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

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

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.

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

The date that paperwork must be done by.

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.