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

Category: Finance Dictionary

HISTORICAL VOLATILITY

A retrospective statistical measure of the price movement of an ASSET based on historical data, often conveyed in terms of VARIANCE or STANDARD DEVIATION. Historical volatility is applied to various financial and

HOME EQUITY

The amount left after debt is taken on property in the current market. If debts are paid its more. AKA homeowner’s equity.

HOMEOWNER ASSOCIATION (HOA)

A corporation of real estate developers selling homes. If a home is bought they must be members of the association.

HORIZONTAL CONSOLIDATION

Consolidating firms that sell a similar product to increase the product line. It saves money and makes production more efficient.

HOSPITAL ALLIANCES

Hospitals that share services to reduce cost. It helps the hospital stay competitive.

HOT SPARE

A back up part for a computer that is available if the primary one fails.

FACILITATOR

A party that helps calm issues but doesn’t offer any content to a project.

FAHRENHEIT SCALE

The temperature scale where water boils at 212 degrees and it freezes at 32 degrees.The Celsius scale is replacing it except in the US.

FALLEN BUILDING CLAUSE

A rule in insurance stating a part of a building collapses due to anything not fire the fire insurance is voided.

FAR OPTION

Investment with no expiration date used with investment with a larger premuim payout.

FAST TRACKING

Doing more to finish a job early. It replaces sequential relationships with parallel ones.

FDIC INSURED ACCOUNT

An account that is covered for loss because of lender insolvency. The maximum is $250,000 for each account.

FEDEX

The shipping company of federal express in the US.

FF&E

The equipment, fixtures, and items that are personal property.

FIELD OFFICE

The branch office that is away from the firm’s main office.

FILE RECOVERY

Saving deleted files. They are savable by a tool if the space is still there and not overwritten. It requires equipment at times if the file has been replaced. It is different

FINAL MATURITY DATE

Anything later than the maturity date when a payment is due of the principal. AKA legal maturity date.

FINANCIAL BREAK-EVEN POINT

The earning level before taxes that is earned. It isthe earnings for each share that is equal to zero. The higher the figure the more risk.

FINANCIAL GUARANTEE

A bond that gets timely payment to the holder of debt. It cannot be cancelled. It guarantees repayment. Another party may pay if the party borrowing goes into default.

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