Category: Finance Dictionary

1. In Equipment leasing, this is on ongoing type of lease arrangement. Additional equipment is leased by simply doing a new lease schedule for the new equipment rather than doing a new

Significant enough substantial failure in the performance of a contract, as to give the affected party the right to sue for damages as well as release the aggrieved party from its obligations

A note issued in Australian currency to the Australian markey by a foreign country.

Event noted by a mismatched balance sheet, having one of several situations of unbalance between short-term to medium-term to long-term assets to liabilities. A company also indicates its ability to borrow by

A borrower’s secured loan’s highest dollar limit. Set by the lender according to the purpose of securing the loan as well as various factors related to the borrower. The selected loan program,

The reliability of repairable items quantified as a basic measure. For computers, MTBF is called power on hours (POH). Duty cycles, time cycles, distance, events, and the like are known as life

In the wake of a disastrous event, its health care system is overwhelmed, resulting in so many needy that the general health level of a community or society declines gradually or sharply.

When an underwriter arranges for a security to be issued.

British document regulating a company’s external activities. Required to presented at a registered or incorporated company’s formation. Along with the company’s articles of association, as the company’s charter, it forms the company’s

MERcado COmain del SUR. Argentina, Brazil, Paraguay, and Uruguay formed this customs union established under the 1991 Treaty Of Asunciean. In 1996, Bolivia and Chile joined it as its associate members. Following

An issue underlying several other problems. Essential to resolving these problems is understanding, and possibly resolving, this underlying issue. For example, society, or a section of a society, is suffering from crime,

Un-conventional funding having both debt and equity characteristics. It has equity-based options, like warrants, and lower-priority, subordinate debt. It is most commonly used to finance acquisitions and buyouts. Another example of mezzanine

An organization’s immediate area of operations, its performance and decision-making freedom varies based on specific environmental factors or elements. Competitors, customers, distribution channels, suppliers, and the general public are some of these

Company founded in 1975 by former CEO Bill Gates. Technology corporation that develops computer software and interfaces with the World Wide Web (WWW). Microsoft Windows is an operating system that is the

During the accounting period a company may acquire an asset, but only recognizes it within a specific, different time of the year.

During the hotworking of metals, a layer forms of this type of dark brown or black oxide.

Minimizing the maximum losses that could occur in an event or situation is this specific type of decision-making principle. Should a strategy fail, this financial and business strategy measures potential results leading

A retrospective rating plan’s premium. No matter what losses occur under a given plan, this is the smallest amount the insured can pay.

US legal requirement that a criminal suspect shall be told of standing constitutional rights before being interrogated. This rule results from the 1966 case of Miranda vs. State of Arizona. This requirement

A good, substance, privilege, or right used improperly, unforeseeably, or not as intended.