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

Category: F

FULLY VALUED

Stock with a market price equal to its true worth based on stock market analysts.

FUNCTIONAL OBSOLESCENCE

Device or equipment usefulness degradation. A relatively new computer is functionally obsolete if it is unable to run the latest program or peripheral the user needs. Design defect or inability to meet

FUNGI

Simple, aerobic organisms. Neither bacteria nor plant. Most are poisonous to humans. Thrive in low moisture, low pH environments. Genetic material is bound in a membrane. Have no roots or leaves; contain

FUTURES CALL

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

FACILITATION PAYMENT

A payment to an official to get approval for business activities. It can be an unofficial fees not a bribe.

FAD

A trend that is short lived but intense. It happens during the holidays.

FALLEN ANGEL

A bond that was investment grade but has a lower rating now.

FANNIE MAE

The name of the US Federal National Mortgage Association and its associated shares.

FAX BACK

When a document is stored in a computer and can be downloaded in a fax machine. The number is dialed and the document is sent. AKA fax on demand.

FEDERATION

A company that is made of smaller companies that bring issues to the attention of members. Each one had control of its own business.

FERTILITY RATE

The birth per every 1000 women. It can be a crude birth rate, general fertility rate, age specific fertlity rate, total fertility rate, and completed fertility rate.

FIELD OF USE

Rules that let a patent be used in an industry or product to protect parents from being over used. The owner controls their invention on the market.

FILE INTEGRITY

When a computer file is not changed or deleted and is stored the same way since starting.

FINANCIAL ATTRIBUTES

Factors that show the health of a company. It can be equity, capitalization ratios, capital requirements, and earnings per share.

FINANCIAL FUTURES

A contract to buy an instrument at a future date and price. The value on the market change in the opposite way of interest movement on that market.

FINANCING ACTIVITIES

The events that an organization does to get to its profit goals. It can be a transaction or intiative involving stocks, bonds, shares, notes, and loan arrangements.

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