Category: Finance Dictionary

How buyers of a good or service to a substitute’s price changes. To what degree can two similar goods or services substitute for each other, based on price changes. Measured as a

An OVERTHECOUNTER SWAP involving the exchange of fixed and floating electricity prices based on the average level of a recognized electricity pool or pricing index; transactions are often settled monthly or quarterly

Like the internet this predecessor to electronic commerce is a standards-based system, independent of the type of computer hardware and software employed. It facilitates computer-to-computer exchange of electronic documents, such as purchase

An integrated electronic interface where a sponsoring financial institution or EXCHANGE provides clients with access to a broad range of market information, research, quotes/ pricing, analytics, and/or trade execution.

Piece of a whole that could potentially fail or exposed to damage.

Margin purchase leverage as securities or collateral. Leveraged by an investor borrowing money from the broker.

Provision giving a party specific rights to take specific actions under specific conditions as a part of an agreement. Examples in the bond market are a ‘callable bond’ and a ‘putable bond,.

Maximum amount of a specific pollutant from a single fixed or mobile source allowed to be discharged into the atmosphere or water.

Employer-provided, web-based system for employees to manage their personnel and payroll information. Access is given on earnings, taxes, benefits, direct deposits, retirement fund allocations, and vacation leave balances. Tax withholding information is

European term for hotel room rate offered to guests who take all their meals at the hotel. In UK, for example, it would include morning tea or coffee, breakfast, lunch, afternoon tea

Using major topic names and their related subheadings for alphabetical ordering of filing records.

1a. In insurance, this is an added, special provision to an insurance policy that improves or constrains its coverage. 1b. In other types of contracts, this one or more addenda not part

That which provides usable energy. A resource can be renewable, as in the sun, sea, and wind. A resource can be non-renewable, as in a coal mine, gas well, and oil well.

Held up as the way to NOT run a company. Former energy corporation rampant with corporate corruption and accounting fraud. The company positioned itself as a leader in the industry by falsifying

A holistic RISK MANAGEMENT process that combines a company

Bottom rung on the job ladder. Lowest level of employment in a department with particular skills, or, no skills. Initials gainful employment for a person, and a opportunity for gaining whatever skills

Methods and tools used to maintain environmental sustainability.

The specific point where demand matches supply at the same price. Maintained by price changes responding to shifts in supply or demand. Equilibrium is a market price with an equal amount of

Lessening the percentage of ownership of common stock that an investor has in a company when the company issues additional shares of common stock. Contrast to a stock split, which increases the

A single dollar ratio, percentage, or value of an asset or investment instrument. For each dollar investment, this is how much value over or below that dollar currently exists. Refer to financial