Category: Finance Dictionary

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

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

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.

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

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

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

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

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

Based on Lorenz Curve, a standard economic measure of income inequality. Perfect equality in income distribution scores 0.0 on the Gini scale for that society. Higher the inequality, higher the number over

A telecommunications company accused of reporting revenues that were in fact trades of communication capacity with other telecom companies that were not financial transactions. Charged in 2005 by the SEC with illegal

In response to the 2003 mutual fund scandal, a fund was formed in the settlement to educate consumers and retail investors about investing and finance. A large number of major US investment

While a company has a purchase contract with another party, the time other investment offers are available to the company.

That in the foreseeable future, a company will continue to operate as it is doing so now, is a significance principle in accounting. When the worth of a running business is compared

US-based investment bank. Deals in a wide ranges of financial services. Investment banking, prime brokerage, commercial banking, and asset management are its main focus areas . Goldman Sachs was first bank to

A DEBT instrument issued by a governmental authority as a funding mechanism. Government bonds are generally issued on a fixed or floating rate, COUPON BEARING, basis, with maturities extending from 1 to

Documented time schedule for graduated mortgage payments to increase by set percentage. This time schedule is usually annually. Typically this is a fixed rate mortgage, not an adjustable rate mortgage. In this

Bear, or down, market with substantial losses facing sellers, with buyers staying out of the market, keeping liquid, not investing. The name comes from no action, or trading life, in the market.

Ecosystem damage by making harmful products or providing detrimental services instead of going green as the company intended.

Excludes unrentable space area from gross building area.

Company’s profitability as a percentage of gross profit. Calculation is gross profit divided by revenue.