Category: Finance Dictionary

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

A stipend for employees to use for transportation. They drive themselves and are compensated for gas, oil, and routinemaintenance of the vehicle. It can also cover costs like depreciation, insurance and taxes

A profit from the interest on investments.

The difference between hours worked to produce and the budgeted hours for that production. It is multiplied by an overhead rate. A favorable figure would be one that is covered by the

A material that ignites easily but burns fast. It used to be called inflammable. Its flashpoint is below 50c. It was once called inflammible.

A loan with no interst that investors use to borrow money used as collateral. It is a short sale used for family members or friends.

Any packaging that is not hard and bends slightly while still holding a shape. It can be a bag, envelope or pouch that when filled changes shape.

When capital is moved from risky investments to safe ones with a lower profit. It is done after a bank failure or an unsettling economic event.

A CERTIFICATE OF DEPOSIT issued by a BANK that pays a monthly, quarterly, semiannual, or annual COUPON based on a floating INTEREST RATE, often LIBOR or EURIBOR. The most common FRCDs have

The time needed to finish a job or work load.

A document that shows the performance of an investment. It shows profit and loss for the month. It is sent to investors to keep them informed.

It can be dyes for color, scents, and prolonged shelf life of elements. Anything not nutritionally needed to make a product last longer or taste better. It is added on purpose but

An endnote on a page to make a reference.

Applying engineering methods to find the cause of damage and failure of equipment and structures.

Determining an inference’s or conclusion’s validity or invalidity from two or more statements or premises. Classical or traditional system based on the theory of syllogism. Propose by the Greek philosopher Aristotle (384-322

The 500 largest US manufacturing companies are listed based on reported revenue, display several corporate information reportings. It is an annual ranking by Fortune magazine.

For a loan beginning some time in the future, it uses a currently stated interest rate.

Commodities, currencies, and securities trade with deliveries and settlement at a future (forward) date done at current market prices. Known also as front running.

Power, positioning, politeness and performance. These enhance one’s ability to persuade others in one’s work and personal life; focused around perception.

Category of how easily damage can occur from external pressure. Measure of an items’ susceptibility to fracture. To fail or loose value.