Category: Finance Dictionary

Condition of the employee receiving consistent work and payment from the employer. What a worker or college graduate seeks to provide consistent, continual income for self and family. Used in ranking colleges

Calculated as the worth of a company’s short-term investments against short-term expenses. Measures recognized profit at investment due-date.

The patient’s contact point, referring patients for testing and to specialists. Typically, the patient’s primary care physician in certain types of HMO or PPO.

General agents selling life insurance organized into a business system.

One prime contractor accountability for the entire project is set in this construction contract.

Storage facility for goods not yet been bonded through Customs for legal entry into the country, but have arrived in the United States. Items can be in the warehouse for up to

Promoting a product category as an advertising strategy. Contrast this to marketing a specific brand name product in that category. To encourage children to eat vegetables, an advertisement will not name a

Separation of geographic areas into marketing / advertising areas. Occurs after analyzing collected information in the physical location of the customer or other data source. Companies marketing products and services want to

Debit card with a preloaded amount. The cardholder uses it for the purchase of goods or services. Most can be used anywhere like a major credit card. However, some gift cards are

A system of physical or electronic payment transfers for consumer purchases, used primarily in Europe and Japan. The giro results in a direct transfer of funds from the consumer, payer, or debtor

Reservation network used world-wide as a single point of access by travel agents, online reservation sites, and large corporations. Computerized, it includes reserving most travel related items like airline seats, hotel rooms,

A business’s procurement strategy for establishing the most cost efficient location for a manufactured product. typically located in a foreign country. As is currently true, a company closes the domestic factory and

Also known as scenario analysis. Mapping and tracking one or more sources of data into a proposed process to potentially achieve a desired set of one or more expectation. Using varying steps

Each member country of the International Monetary fund (IMF) contributes this amount of gold as part of its membership obligations to the fund. Each country can easily borrow against this amount when

Sometimes legally binding due diligence around the effort made, information given, or transaction done, honestly, objectively, with no deliberate intent to defraud the other party. Yet, this does not cover a sin

Measure of angle in units of 1/100th of a right angle or 0.9 degree. Known also as grade.

Repeal of anti-affiliation statutes of the Glass-Steagall Act. Renewed the legal right banks to consolidate with financial-security companies. Repeal legislation passed in 1999.