Category: Finance Dictionary

1. In General, it is a term used to describe a basic principle or a fundamental part. 2. In Chemistry and Physics, it is a term that categorizes unique, distinguishable, basic matter.

A BANK LIABILITY, such as an interbank or retail DEPOSIT, that attracts a regulatory RESERVE.

Part of a larger computer system, this computer sub-system performs no data processing functions, only specific support functions, such as guidance or security.

Measures quantity of pollutant thrown into the atmosphere or dumped in water. Measured as an average amount of a specific pollutant or material discharged in by a specific process, fuel, equipment, or

Involves decisions, conflicts, resolutions, improvements, and issues. Management and employees exchange mutual concerns and ideas in the workplace.

Equal to one-half the point size of the type. Unit of relative distance in typography traditionally the width of capital (uppercase) letter ‘N’ in the face and point of type being used.

A publication containing accumulated and authoritative knowledge on one or more subjects. Also spelled as encyclopedia. It can be single or multivolumed. Examples are Encyclopedia Britannica, Encyclopedia Americana.

Person or firm that receives by transfer a negotiable instrument when the instrument is signed. The instrument can be a bill of exchange, bill of lading, delivery order, or other document of

Calculated unused physical energy sources. Source examples are coal, gas, and oil. Known to exist with reasonable certainty. Calculated on the basis of geologic and engineering data identifying proved reserves. Projection drawn

Defined period of time with a specific start and end date for registering in a plan to receive benefits. Typical of health care insurance coverage.

Computerized management of all enterprise resource planning. Integrated, multi-module software system expedites identifying and planning the resource needs of an enterprise. ERP is accounting oriented. Provides a single user-interface for the entire

Guarantee posted by an importer of record with the customs (usually three times the value of the product) to ensure presentation of the imported item for examination, export, or disposal.

Objective evidence of environmental conditions as a public disclosure. Focused on a firm’s environmental performance information. Very much like public statements of financial performance information.

State of stability. Condition where significant factors remain more or less constant over a period of time. Stability also measures a lack of inherent tendency for change. A market in equilibrium has

Time-bound or share-bound assets or monies a person has invested, contrasted to debt capital. This equity is not returned to an investors in the normal course of business. The purchase, as an

Using the value of property, typically a home with an existing mortgage, to get an additional line of credit contracted as a second mortgage against the property. Known also as a home

Job completion resource cost, in terms of individual laborers, based on a per-day rate of results on job work done to-date. Holidays, vacations, actual sick leave, and leave with or without pay

Increasing resources in a losing investment because of resources already committed.

Projected useful time of revenue or service generation of an asset. Known also as estimated life.

Directives based on one’s ethics and morality. How one lives with others. The foremost concepts and principles of proper human conduct. Socially, it is the collective of universal values, treating each human