GENERAL ACCEPTANCE
Condition when all parties involved in a bill of exchange accept it without qualification. Original terms of the B/E are unchanged. Also refer to qualified acceptance.
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Condition when all parties involved in a bill of exchange accept it without qualification. Original terms of the B/E are unchanged. Also refer to qualified acceptance.
COLLATERAL in the REPURCHASE AGREEMENT market that is in abundant supply and which does not therefore allow a repurchase agreement borrower to obtain a lower than normal borrowing rate. See also SPECIAL.
Another name for chief operating officer (COO).
Incorporating current knowledge with experimentation and open-mindedness of new ideas into a style of learning. A new way of viewing old methods drives this style of learning. It encourages individual and team
Software generating overlay maps to reference database information in combination with cartography. Displays range from the number of customers or prospects residing in a locality, for marketing purposes, to the extent of
Challenging the value of a stock in trying to decrease stock prices by two or more companies. Inappropriate, unfair tactic.
Generally collateralized by a single pool of mortgages this US pass-through mortgage securities pays interest and principal separately.
For securities traded and settled in any country by banks recognized as ‘global custodians’, these are custodial services these banks provide.
Refer to GLOBAL DISTRIBUTION SYSTEM (GDS).
A time-bound expectation expressed in one or more objectives that is measurable and has a definitive end-result.
A commodity traded on the spot and futures market, this is a well-known precious metal. Gold is sold by market contract. 100 troy ounces is a unit of gold in a contract
Entity defunct or soon to be defunct. Goodwill value is gone. Worth of any tangible assets is now tied to auction or liquidation. Debt is now due, full and immediate. Also refer
Additional time scheduled or allocated to complete a task, such as complying with a regulation, meeting an obligation, or obtaining an agreement.
Water hardness as a measured unit. 1 grain (64.8 milligrams) of calcium carbonate dissolved in 1 US gallon of water equals one GPG. It figures out to be 14.3 parts per million
A second unsolicited bidder in a HOSTILE TAKEOVER transaction that attempts to take advantage of the target company
In Finance, this is the inability to do day-to-day operations due to a business crisis using essential corporate resources, and unable to resolve the crisis.
Maximum damage coverage for a specific risk.
Weekly advertising schedule’s rating points tally. Can be tallied for longer periods. The tally can represent the percent of targeted households reached once per week, or the percentage of them reached 100
Type of lease that is long-term, typically 99 years. It involves land with standing buildings or for developing land. the owner of the land gets the property as-is at the end of
A mutual fund that invests in stock. These stocks are in their growth stage and thusly have a higher risk. Income stocks are more stable and risk less principal.