Category: Finance Dictionary

Rapid enforcement of penalties imposed under criminal law drives firm dealing with instances of theft, violence, and disturbance of peace. Law enforcement agencies comply to limit their powers. Society, a vast population,

Explaining how nature works by scientific generalizations. Arrived at by experimenting and/or observing or idealized descriptions.

Amount time needed to set up or prepare to execute from being told that execution must occur. Time that must be allowed to complete an operation or process, or time that must

Intent to be lean and Six Sigma. Management problem solving and quality initiatives approach. Based on Six Sigma and Lean tools combined.

In the revenue accounts of a company’s financial statements, list of liquid cash.

Jurisdiction’s basis of applying law consists of (1) A constitution, written or oral; (2) Primary legislation, statutes, and laws; authorized by constitutionally authorized legislative body; (3) Primary legislation authorized body enacts subsidiary

Statement in promissory notes curbing default recovery, by lender agreement, if default occurs for reasons beyond the borrower’s control, for a stated period of time.

Past-due customer prodding tool, urging the laggard to make a payment. Typically issued one after another. Tone and language get more direct (testy?) as additional letters go out, unless some money is

Securities sold directly by the issuer to a buyer. These must be unregistered stock or bonds, known as letter bonds. The buyer sends a signed letter of intent to the regulatory authorities

All competitors follow the same rules to get equal opportunity to compete regardless of size or financial strength. Economic and legal environment.

1.Communicators for two entities; typically, a corporate situation. 2. Entity responsible for communications from one party to another. 3. Thickener substance for a stew or sauce.

Procurement, production, life-cycle costing technique. Cost to buy, install, operate, maintain and upgrade, and waste during the asset’s economic life are tracked to determine the lowest cost of ownership of a fixed

To assist with resource allocation planning to various projects, life cycle theory is applied to project planning, projections, and decisions.

1. To make something lighter. An example is taking inventory off a truck. 2. To liquidate a securities positions. Moving investment portfolio holdings to cash. Selling stocks or bonds to lighten up

A specific obligation fulfilling a written undertaking. Also known as specific guarantee.

Occupants of a home but not the owners are protected from theft by this form.

Customs approved system for tracking and release of repetitive, low risk shipments. It is restricted to locations approved by Customs. Bar code technology enables immediate item entry that Customs declares to be

A half-tone screen’s horizontal and vertical line or wires count. More lines means a finer screen, smaller dot sizes for printers or smaller pixel sizes for monitors.

Infected ready-to-eat meat, dairy products, salads, and cook chill dishes transmit Listeria monocytogenes, a grampositive bacteria that causes foodborne disease. Dark red rash over legs and trunks, flulike fever, and lethargy, leading

Focusing on form, fit, and function, this set of flexible requirements are designed to easily fit new products, processes, and more advanced requirements into what currently exists. It promotes continuous quality improvements