Category: Finance Dictionary

When a country gets more exports than imports.

The tax percent the IRS takes based on income levels.

Steels between austenitic and ferritic steels structures. It is stronger than both types. It is used in offshore drilling.

Something performed on the customer’s site or the equipment location.

The hard disk part where each file’s location and size is kept for fast access in the operating system.

A strategy that focuses on the end user of the product. It involves advertising of an item.

Money that is easily accessible. It can be cash, loans, checks, and securities just to name a few.

When an investigator looks at documents and financial activity to see how a crime happened or if it even did happen. Many kinds of financial statements are needed for this. Sometimes ways

The market for stock, bonds, bills of exchange, commodities, futures, and options. They are exchanges for capital or fredit. Refer to capital market and money market.

A short version of statements showing important elements only.

A party that is able to pay their own resources for food, housing, and living expenses. Two of the three categories must be included.

A product that has its final value in the manufacturing process. It is being stored is awaiting sale and delivery or use to make a product.

Software in the read only memory used rarely but is saved when it is shut off. It is short for Basic Input Output System for a PC. It is part of the

When a manager assesses an employee based on the first impression. The application and other information is ignored.

A 12 month accounting period for a firm. It is not necessarily the same as a calendar year end of December 31st.

A stipend for employees to use for transportation. They drive themselves and are compensated for gas, oil, and routinemaintenance of the vehicle. It can also cover costs like depreciation, insurance and taxes

A profit from the interest on investments.

The difference between hours worked to produce and the budgeted hours for that production. It is multiplied by an overhead rate. A favorable figure would be one that is covered by the

A material that ignites easily but burns fast. It used to be called inflammable. Its flashpoint is below 50c. It was once called inflammible.

A loan with no interst that investors use to borrow money used as collateral. It is a short sale used for family members or friends.