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

Category: Finance Dictionary

FAIL SAFE

Equipment that rarely fails because it is used often and is backed up automatically. Nothing is 100% safe so its preferred to say fault tolerant.

FALLING TOP

A TECHNICAL ANALYSIS charting figure depicting a declining securities price or index value over time, with everlower resistance levels, generally considered to be a bearish signal. Also known as DESCENDING TOP. See

FAT CAT

1. a wealthy campaign donor. 2. a rich person.

FEDWIRE

A computer system done by the federal reserve that transfers account balances and government securities. Refer to culpeper switch.

FHA LOAN

A loan that the FHA insres and is approved by a lender with FHA regulations.

FIELD ORDER

Instructions for making a small change in a contract that doesn’t change the amount or dates.

FILE SERVER

A computer used for storing data made by other computers.

FINAL OFFER INTEREST ARBITRATION

When an arbitrator has to choose between the final positions of the parties involved. It hopes that both parties will be reasonable. They split the difference.

FINANCIAL HEALTH

How to measure the financial fitness of a party to cover expenses of daily life with their income. It also covers how other expenses are paid by income for an individual.

FINANCIAL OBLIGATION

The requirement to pay money to another party once it has been borrowed. It also happens in legal cases. AKA liability.

FINANCING COST

The cost of getting a loan. It is different than the price of equity capital.

FINITE QUOTA SHARE

A FINITE REINSURANCE agreement where the REINSURER agrees to pay, on behalf of the CEDING INSURER, a fixed or variable proportion of CLAIMS and expenses as they occur; ceding commissions and investment

FIRST-PAGE-OUT TIME

The time it takes a computer to print a document after the data is recieved. It depends on complexity, color, graphics, memory,size, time to start, and time to warm up the printer.

FISHER EFFECT

When inflation is steady the nominal rate changes in step with it. It is named after Irving Fisher.

FIXED ASSET MANAGEMENT

Managing fixed assets that cannot be changed into cash value in a fast time. A tag is used to manage it for easy organization and accounting. Serial numbers or barcodes are used

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