EXCESS QUANTITY DEMANDED
A condition where buyers want more quantity at a specific price than sellers will supply. This causes a shortage. Typically the price is below the equilibrium price where sellers sell at the
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A condition where buyers want more quantity at a specific price than sellers will supply. This causes a shortage. Typically the price is below the equilibrium price where sellers sell at the
A DERIVATIVE contract, traded through an authorized EXCHANGE and cleared through a CLEARINGHOUSE, that is characterized by standard terms and conditions, and is subject to standard MARGIN requirements and clearing rules. Trading
Certified allowance of a person or entity to conduct specified activities in a specified area or industry for a specified amount time, involving specified goods and/or services. Certified allowance of another person
1. Completed signing by all parties of a contract. 2. Completed all listed contractual actions.
Brief, comprehensive summarized business plan or proposal, often for an investment or commitment. Key points, as bullets, are extracted from an external audience presentation.
LIQUIDITY and LIQUIDITY RISK that relate to an entire industry or national system, and are not confined to, or significantly influenced by, a single firm and its actions. See also ASSET LIQUIDITY
Mathematical formula calculating potential future interest rates. If the following equation is true: (1 + RLt) squared = (1 + RSt) ( 1 + RS*t+1), given RS is the 1-year interest rate,
Settling an obligation, using an invoice type of document as evidence, by paying cash or by cash-equivalent for goods or services, or a charge against available funds. Refer to revenue expenditure, capital
Comprise a company’s profit and loss statement. Both categories required entries by law. Must be reported on a regular, periodic basis.
Ending term life insurance policy when the coverage period is over.
An agenc that gives insurance against losses for nonpayment. It promotes foreign trade. They may also offer marine insurance, post shipment discounts, pre shipment advances, and locating new markets.
The amount covered by the current insurance under normal circumstances. It is bought to help cover what is left and covers all possibe loss.
Pricing using a standard price for a locatin that lets customers take on charges by raising the price.
Buying goods from third parties at the lowest cost for operations. It considers the skills, capability, and financing.
A network of computers that lets controlled acces to information to outsiders that are authorized to be connected to the intranet.
An illegal TRADING scheme where a group of manipulators trade a company
A diagram that shows how data is transferred or processed. It shows interactions and the output.
A bill that is payable on a date without need for the payer to accept it.
The top 100 stocks price index on the Frankfurt stock exchange.
The date after a date by a set period. A bank must honor the draft against the letter of credit.