Category: Finance Dictionary

Refers to electronic devices and technologies. Typically, refers to their study.

A person who is deemed eligible for benefits under the policy contract. Also, person relying for financial support on a policyholder or taxpayer.

Developed by L.W. Ellwood/ Real estate capitalization rate tables. Takes into account associated risks as well as the expected annual and resale cash flows under consideration. Used to estimate net income present

New market structured on new technology, new standards, world-wide access and revised regulations. Arising from digitalization, deregulation, globalization, and open standards, these markets are shifting the balance of economic power from the

Provided by the employer for expenses such as medical care, death, or disability, to an employee. Benefits are often part of compensation.

A management practice allowing employees to take initiatives, make decisions, solve problems, improve service, and manage performance. Employer sharing information, rewards, and power with employees are essential actions in this practice.

The encrypting – decrypting method or key that is itself computerized software to use online.

LIQUIDITY and LIQUIDITY RISK that are specific to a firm and the actions it takes in managing its ASSETS, LIABILITIES, and OFF BALANCE SHEET ACTIVITIES. See also ASSET LIQUIDITY RISK, ASSETFUNDING LIQUIDITY

Overall energy efficiency of an appliance or equipment. Contrast to relative efficiency. Calculated as total energy consumed in active, cycling, and standby modes. Different types of devices have EF computed differently. EF

A tax professional certified and allowed to communicate and negotiate with the IRS to resolve a taxpayer’s issue. Licensed by the government.

Corporate-wide, world-wide, all-encompassing communications backbone. Links every computer and associated devices at every company location to every other computer at every other company location.

Undertaking idea development, arranging activities and events willing. Planning and leading a venture to success capably. Dealing with all risks, gaining reward as profit.

Objective evidence of an EIA exercise as a written record submitted to the deciding authority. It proposes measures to avoid, mitigate, or offset adverse effects and impacts. An EIR is only a

Legally demanded amount of liquid cash or asset an insurance company must have on-hand for the long term. This is to cover unforeseen, wide-spread, catastrophic disasters that might likely drain the standing

Items traded in securities market, like ordinary shares of common stock.

A security whose gain is based on another instrument, a sector index, or broader market index. This basis is not on any yield by interest rate. Often, such a linked security protects

Same as an option. Opportunity to purchase specific at a set price by a set date of expiration.

A disclaimer statement on an invoice to cover clerical error. Typically found after the total, at the end of the document.

Projected landing time and date for a ship at port or a flight at an airport. Typically for a specific city. Known also as expected time of arrival.

A conflict of right (ethical) or wrong (unethical) or situation forcing alternatives on an entity seeking ethical behavior.