Category: F

A pary that is a close relative. Refer to immediate family.

When a manager assesses an employee based on the first impression. The application and other information is ignored.

A 12 month accounting period for a firm. It is not necessarily the same as a calendar year end of December 31st.

A fee on fixed or floating assets. It freezes assets at the time default happens.

An input factor that won’t change in a period of time.

A fixed price contract with changes to the price and profits. It is decided by a formula using total cost and negotiated cost as well as actual and target costs or another

A TRIGGER in an INSURANCE contract that indicates whether or not an event has occurred; a fixed trigger does not typically impact the payoff value of the contract, it simply indicates whether

Preserving a liquid by heating it to 70c quickly and keeping it there for 20 secs and cooling it fast. It kills enzymes, microorganisms, and reduces changes in chemistry and physical traits.

The interest on a security that is compared to the price. It is charged annually. It is shown as a percentage. Refer to redeptive yield.

When an employee can set their own hours based upon variances that the workplace allows.

When a shareholder can buy shares cheap to prevent takeover. It is only legal if the laws permit it. If all shareholders do this than the company trying to buy it cannot

A bond with changing interest based on market changes. It is stable and no loss occurs as interest rates change in the market.

A member of the stock exchange that executes orders on their account. Refer to floor broker.

A gas with flourine that is caused by manufacturing. It is harmful and can affect humans, plants, and animals.

An order that needs a repeat supply of goods that are the same as the original.

Anything added to food to make it unfit for eating. It can also be something added to make food heavier. Or it can be a foriegn food in a wrong place. It

When a property is sold by the owner and not an agent. No commission is paid making it cheaper. It can be complicated however and an agent is trained to handle such

Tools needed for analysis of data to predict future events based on past occurances. It uses models and forecasting analysis to name a few means of prediction.

When a party owns a company that it runs from another country.

An item that is reexported in the same form it ws imported in.