Category: Finance Dictionary

A form of radiant energy. Generated by accelerating electrons or photons. Manifesting as waves traveling or as rays emitting. Examples of rays are gamma, infrared, radio, ultraviolet, visible light, and X-rays. Long-term

Electronic data processing insurance for income loss due lost capability. It covers computers and data systems.

Enclosed in a single card such as debit card or credit card , it is a smart card with an embedded microchip. It provides multiple uses, especially for types of payments.

A process where financial institutions attempt to win business or MANDATES from large institutional clients. Elephant hunting generally requires continuous communication with clients on dealrelated ideas and a certain amount of probono

A person allowed to participate in services under a contract. Not necessarily an eligible employee. Possibly union members or part of an association. The person may be a spouse or child related

In general, information our bodies know and use without conscious thought. Executed as routines, habits, and tasks. Also known as Instinctive Knowledge.

Instead of logical or practical factors, using emotional factors such as looks, status value, popularity, existing conditions as the basis of promotional activity for a product.

Managed under employer expectations to its employees’ benefit. Often includes a defined contribution partially or fully funded by the sponsoring employer. Contributions are typically deductible for both employer and employees from their

Something that allows an entity, program, or project to initiate and begin action, but does not necessarily lead to success. It can be action or inaction; decision or indecision; it can be

Actual person who uses a deliverable, be it a product or a system or a process. Contrasts to those who authorize, manage, build and deliver the deliverable.

Essentially a mission statement. An organization’s public declaration of purpose. Typically, built on its guiding principles, core values and strategic goals.

Making sure a rule or standard or court order or policy is properly followed.

Those computerized systems that integrate and support the world-wide, corporate business structure. Functionally includes all aspects of a firm’s operations and processes. These include accounting, finance, human resources, inventory control, manufacturing, marketing,

Business costs for informal engagements with direct business intent. A specific agenda and purpose, such as confirming an order or advantageous trade terms, are evidence of this business intent. This evidence supports

Actions and documentation required to be allowed into a foreign country. Typical requirements are a valid passport and visa, proof of inoculation if necessary, even a valid return ticket. Requirements can differ

A epistemology-related thing or event. Focus of this thing or event is the limits of human understanding, the study of knowledge, its basis, nature, and origins.

Credit extended for business project tool purchases. Typically covers leasing, SBA and other government loans. Includes sale-and-leaseback, the raising of cash for equipment purchases by selling off collateralized existing equipment.

The investing in a company by buying the company

An OVERTHECOUNTER SWAP involving the exchange of a floating INTEREST RATE for potential gains from the depreciation of an EQUITY reference index (which may take the form of a single COMMON STOCK,

A guarantee made by an accredited institution that an investment vehicle’s term changes are legitimate. Synonymous to a notary public signing a document. An affiliated representative of the associated financial institution or