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

Category: Finance Dictionary

FREEZE-OUT

The process of persuading MINORITY INTERESTS of a target company to sell their shares after a TENDER OFFER has been made. The intent behind the freezeout is for the acquiring company to

FREQUENCY MARKETING

Rewarding customers to repeat buy frequently. Usually a promotional program aimed at encouraging these types of sales.

FRINGE BENEFIT

Atypical, additional compensation above direct wages or salaries. Usually taxable as income. Company car, house allowance, special medical insurance, pension plans, meal allowance are some examples. Human resource management hiring incentives.

FRONT LOADED POLICY

Life insurance policy with most expense charges initially subtracted from premiums paid.

FUEL SURCHARGE

Additional fee for travel used to cover increase in fuel cost for the type of transportation used. Collect on a by-ticket basis.

FULL EMPLOYMENT

Condition of all eligible people having work at prevailing wage rates. It is not 100 percent employment as down-time, frictional unemployment and seasonal factors exist. A state of economy.

FULL SERVICE RETAIL STORE

Entity that provides a trained customer-oriented, informative sales force along with a wide range of wanted goods at highly competive retail prices.

FULLY PAID SHARES

Shares with full par value paid and received by the issuing firm. Holders are free from calls.

FUNCTIONAL MANAGEMENT

On the basis of type of work performed, arranging of an organization into managed departments or units.

FUNDS

Available monies. Or, money-raising charitable accounts. For a company, it is the cash in hand, bank balances, accounts receivable. Also refer to fund.

GAP ANALYSIS

The action taken to identify one or more gaps. Helps in replanning and taking needed steps achieve the wanted, successful project completion. Known also as need gap analysis, needs analysis, and needs

GASOLINE

A petroleum product derived from crude oil. Internal combustion engine fuel. A highly flammable liquid that evaporates during engine use. Auto-manufactures now build vehicles to use less gasoline, and mixtures. Increased demand

GENDER RULE

An insurance rule. Determines which parent’s policy covers offspring. Typically, a father’s policy is primary, providing dependent children coverage before considering any other potential coverage.

GENERAL CARGO VESSELS

Transports. Ships that move packaged merchandise from one location to another. Vital to international trade, these transports are specifically designed for this purpose due to the vast range of cargo materials to

GENERAL LIEN

A general lien applies only to personal property in the US. Covers the goods or property that gives rise to the debt as well as all the goods or property of the

GENERATIONAL ACCOUNTING

Economic status accounting based on current versus previous years, Predictive type of accounting of the economy for the next generation gap. Involves generational monitoring.

GEODEMOGRAPHY

The study of geographical demographics. Profiles economic and demographic characteristics of the population living in a specific geographical area. Includes the process of analyzing survey data from this study. Advertising and marketing

GHOST STOCK

If it has not been borrowed and sold short, a stock that cannot be delivered to the buyer.

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