Category: Finance Dictionary

Coverage that protects data processing systems from failure. It also covers system restoration cost.

The date when insurance policy is issued. It is different than the effective date.

Buying and selling the same position the same day. AKA daylight trade.

The date a bank must honor a draft against a letter of credit.

Any violence that is done to cause harm or death.

1. when a buyer gets a service or good promising to pay in the future. 2. when a security is given by a government agency to get more funds.

Changing a countries foreign liabilities when almost none of its revenue is left for basic needs.

The way pressure is measured in a metric subunit. One decibar=.10 bar=10kpascals=1.45psi. It increases one decibar to one meter of sea depth.

The rate strucure for energy supply that the per unit price goes down when energy needs go up. It is offered by large energy consumers.

A statement in a contract that shows deductible amount.

Stocks and bonds tha don’t lose value when the market is on a decline. It is because the firm has less economic cycles influencing it. They don’t gain value as fast as

A contact to purchase that lets the supply of an amount of goods over a period of time. The delivery is scheduled on a timetable.

An old name for degrees celcius. Refer to celsius scale.

Corporations registered in Delaware. That sate has flexible laws about interest and corporations.

When a seller does their part and delivers to the point in the buyer’s country.

The quality awar for a Japanese firm or party. It was started in 1951 by W. Edward Deming and is administered by the JUSE. AKA Deming prize.

The amount of energy source an area can support and still be recovered with the available technology. AKA demonstrated energy reserves.

To take from the land’s value when minerals are taken.

Inflamation of the skin due to exposure. Redness and pain or dring is possible as well.

The date when an act is offical or an organization takes on a new employee.