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

Category: Finance Dictionary

FREE CARRIER [NAMED PLACE]

Term of sale whose charges only get goods into the custody of the carrier at a place named by the buyer. The price invoiced or quoted by a seller includes only those

FREE MONEY

Keeping some firms afloat using drawbacks, grants, subsidies, tax breaks, and other such means. Intended to bolster depressed area with (1) jobs, (2) specific industries like agriculture or defense, (3) research and

FREE TRANSFERABILITY OF INTEREST

One party selling or giving its ownership to another party. No permission is needed is this is a fractional ownership. For example, a part-owner of company sell his/her portion to another entity,

FREE-REIN LEADERSHIP

Subordinates are un-supervised, proving their worth by their accomplishments. Supervisory criteria is non-existent. Only goals and objectives are stated.

FREIGHT-IN

Supplier-to-departure transportation costs. Part of the final, total transportation costs of the shipment.

FRIENDLY LOAN

An often verbal, otherwise undocumented, or un-witnessed, risky agreement between associates, friends or family members.

FRONT END SEPARATION

Resource recovery or recycling of hazardous or polluting materials removed from a waste stream in a pollution control system. Also refer to backend separation.

FTP SITE

File transfer protocol (FTP) storage location. Computer/server site used to download or upload files electronically transferred. Used heavily in internet activities. It is not a website or a user interface as there

FULL COST

All-inclusive direct, indirect, and investing costs for all resources used or consumed in production.

FULL SERVICE CONTRACTOR

Architecture, engineering, inspection, management, procurement, and waste disposal are a partial list of services provided with a firm or person who provides such a contract. One who can fulfill all requirements.

FUNCTIONAL DECOMPOSITION

Grouping a mixture of varied items into classified or typified sets based on what each does. Also the action of identifying greater detail of actions in a process. Each level down drives

FUNDAMENTALS

Core, foundational attributes of an entity, be it a person, a company, or a nation. For a company, considered as true measures of a firm’s earnings potential and of the future value

FUTURE BACKWARD

Scheduling technique where a specific project completion date, possibly years in the future, must be met. From that future date back to current time, the steps and the durations needed are calculated

GADFLY

Rabble-rouser; derogatory name for an intentional problem-causing investor at a stockholder meeting.

GAMBLING LOSS

Money lost by wagering. Legal gambling operations such as slot machines, horse races or lottery allows a person to submit a tax filing declaration of gambling losses, but these cannot exceed winnings.

GAS EXPORTING COUNTRIES FORUM (GECF)

Venezuela, Trinidad & Tobago, Russia, Qatar, Nigeria, Libya, Iran, Equatorial Guinea, Egypt, Bolivia and Algeria formed a group in 2001 that controlled 70% of the world’s gas production.

GDP GAP

A country’s potential gross domestic product versus its actual, realized gross measured over a specified time period. Actual GDP is perennially less than Potential GDP. This difference is stated as a measure

GENERAL EQUILIBRIUM

Surpluses or shortages are mitigated by buyers and sellers as decision makers on demand and supply requirements in all market situation.

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