Category: Finance Dictionary

When trading partners are connected from the order being placed to the payment. It shows the flow of information and funds opposite off the flow of goods and services model.

A small type size that contracts and policy are sometimes printed in. The print is small as it relates to rules, deductions, exlusions, and reductions of a policy. It is smaller print

Selling assets at a discount to get a quick sale and avoid disaster or settle debt. This is done a deep discount in case of emergency. The collateral is valued at fire

Money for an entrepeneur for a business idea.It is used to start a business or product. But it does not get used on buying and market expansion.

When future debts are different fromm the income the government needs to cover it. It will be discounted at a risk free rate with spread added.

Clean up in Japanese business. It is Seiri, Seiton, Seiso, Seiketsu, and Shitsuke. The process starts with the cleaning things seperatley or discarding them and requires additional organization to help the workers

The cost that is unchanged but comes up periodically. The output and revenue do not affect it. It could be depreciation, insurance, interest, rent, salary, and wages.

A fixed price contract with upward revision for price if it fluctuates in a certain way that is listed in the contract.

How well a company covers costs. Interest and taxes are used to get the figure.

The months employed and the monthly rate for employer contributions on a benefit plan. It uses the months of service and multiplies it by the predetermined monthly rate.

A plan that changes with the needs of the firm.

A work schedule that lets a full time employee choose their hours. It is done within limits and is done before core time is scheduled for all employees.

An asset that changes in many ways. It can be quantity, value, accounts receivable, inventory, or shares outstanding.

When a firm sells to the general public on the stock exchange.

Solid matter that isn’t combustable and expells gas from the burning process. It can contain toxins like dioxins, lead, and mercury.

When the FOMC meet 8 times a year. All 24 members meet and present on issues and trends to make important decisions about the open market. There are 12 directors that are

Getting a person to agree by asking them for something small first than something bigger. Salespersons use this to get their foot in the door. A small request is more likely to

Changing costs from sustaining to cost object activity.It is done when the cost is not related to the activity being done. It can be used in plants to maintain costs from the

A private company specifies its intention to publicly sell its stock on this Securities & Exchange Commission (SEC) filing. Refer to Initial Public Offering (IPO).

Using survey response about dealing with companies meeting consumer needs and enjoying easy interaction. The survey contacts about 5,000 customers. The data summarizes experiences with companies as a consumer sentiment indicator.