Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
An OVERTHECOUNTER COMPLEX SWAP involving a single currency exchange of floating INTEREST RATE references denominated in two different currencies (e.g., dollar LIBOR versus EURIBOR, payable in dollars). The swap permits an institution
1. discontinuous phenomenom. Or representind data in figures. 2. data sent by code in an on or off state. This is represented by a 1 or 0. 3. representing data in binary
A physical way of storing media or archiving it. It can hold data, graphics, audio, and video.
A situation where a CENTRAL BANK or monetary authority does not adjust the nation
An AUCTION MARKET featuring multiple sellers and buyers, who have full transparency into dealings. In the double auction process the first BID or OFFER is given priority, the high bid and low
Cash RESERVES held on the corporate balance sheet for future investments, ACQUISITIONS, or LIQUIDITY needs.
The measure of the cost of an approach and its achievement versus expectation. A classic measure in determining productivity. See effectiveness.
A customer can borrow money or Eurodollars from the bank’s head office or from a foreign branch. Agreement-based.
Special resolution having 100% agreement by the stockholders or shareholders of a firm. Called for at annual general meetings (AGM).
A check-paying bank receiving electronic transfer of check information. The use of electronic check presentment in order to speed up the check clearing process is now allowed due to the Check Clearing
Known also as electronic magazine (e-zine).
Internet sale and download distribution of computer software. The buyer can download purchased software, and its associated documentation, after electronically paying through a verified bank or credit card.
Typically describes the duration of coverage for reimbursement by a medical policy for accumulated medical costs .Also is the time prospective insureds can enroll in a group life program or health program
In the a health insurance industry, a term for a policy requiring a probation or waiting period.
One or more unanticipated characteristics or properties that show only when the entire system or process is engaged and working. The emergence is meaningful only at the level of the whole system,
Based on available data, skills, experience, and knowledge of the estimator, a cost estimation is methodically obtained.
For a typical period of ten years, a person’s past employers, locations, employment dates, positions held, salary, and accountabilities. Often contained in or sourced from the person’s resume.
Unique, stand-alone, separate items or records referred to in a document, then accompanying, or attached to, that document. It is essential that these tag-along items are listed in the main document to
Synthetic chemicals or natural substances that cause developmental or reproductive disorders by altering the endocrine system. Glands, hormones, and cellular receptors controlling the body’s internal functions comprise the endocrine system.
Anything grown for their fuel value. Corn and sugarcane are food crops grown for energy. Poplar trees and switch grass are non-food crops grown for energy.