Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: Finance Dictionary

FINANCIAL CRISIS RESPONSIBILITY FEE

A federal tax for firms that get funds from the Troubled Asset Relief Program. It recovers the cost of economy stabilization in a recession of 2009 to 2010 for the government.

FINANCIAL INSTRUMENT

A document with monetary value and is legally enforceable.It can be a check, bill, bond, or contract that two parties or more agree to the payment of. Refer to debt instrument, equity

FINANCIAL REPORT

Documents made by the government at the end of an accounting period. It summarized accounting data and notes on that period. It also has background notes, forms, and any other relevant information.

FINANCIAL SUPPLY CHAIN

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.

FINE PRINT

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

FIRE SALE

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

FIRST STAGE CAPITAL

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.

FISCAL IMBALANCE

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.

FIVE S’S

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

FIXED COST

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.

FLAT BENEFIT FORMULA

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.

FLEXTIME

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.

FLOATING ASSET

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

FLOTATION

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

FLY ASH

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

FOMC MEETING

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

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