Category: Finance Dictionary

Effort, skill, and work conditions reflect differentiating factors in operator performance leading to adjusted average time.

Short-term international interbank loans are charge this interest rate. This interest rate is applied to large loans ranging from one day up to five years between banks. Immediate liquidity borrowing from another

Cost accounting method of pricing manufactured goods based on the product’s total cost over its life cycle. A comparatively lower upfront cost occurs from this practice. Many contend that future product revenue

The total cost incurred by possessing certain goods over their lifetime. This is added on to purchase cost. Maintenance, insurance, renovation, and the like are typical add-on costs. These extra costs may

This is a statistical term. A numerical value coincides with each potential choice. A mean value for all the responses is calculated at the end of the evaluation or survey. This is

To prevent liability as a partner for the negligent acts caused by any other partners or any one else not under his or her command, one enters into this type of US

A firm markets one or more new products in an established and well-known brand name as a multi-product branding strategy. The objective is to take advantage of widespread name recognition of the

An asset that provides payoff. Refer to nonlinear instrument.

Butane and propane as petroleum gases are usually a liquid under pressure when stored and transported. LPG does not require cooling to be liquefied. Contrast to liquefied natural gas (LNG). Also known

Certification mark given as a stamp of approval organizations that apply independent standards or testing on qualifying goods and materials. The ‘UL’ mark is such a mark given by Underwriters’ Laboratory, which

1. Force exerted overall on a structure or a body. 2. Expected amount of production from a producer. Allotted work to an individual, group, machine, or system. 3. A piece of equipment,

Guarantee of a given interest rate for a limited amount of time as a commitment from a lender to a borrower.

Measure of unit increase or decrease that is actually a tenfold increase or decrease in the quantity measured. For example, a pH reading of 5 pH indicates 10 times the acidity of

Located in London, England, this is an international stock exchange with a regional office in Hong Kong. Currently trading on the LSE are more than 400 international companies from more than 60

Long-term basis for nursing or custodial care occurs at such a facility. Typically, this kind of facility is state-licensed.

When a buyer can review the price changes and take the highest profit point. Refer to fixed strike and floating strike look back options as well as options on the maximum or

Later-date amount reporting compared to the insured’s original estimated loss value.

Disability benefits for disabled workers incapable of work. Covers current or future income loss.

The amount a bank can lose if an account goes into default.

Control chart’s quality control bottom limit for data points below the control average line. Contrast to upper control limit.