Category: Finance Dictionary

Equipment that’s inoperative because of damage, or need or repair. It may be damaged if it is used or may be unsafe to be used.

Any exclustion or preclusion that prevents having or doing something.

Restriction on the total debt a firm can have.

When employees disassociate from a union or when a firm denies a union’s recognition to represent the employees.

The way of computing depreciation by using book value of an asset and reducing it by a percent. It is the larger amount of depreciation and is used when an asset lasts

The amount or percent of an insurance claim that the insured is responsible for and the company deducts for payment. It can be voluntary but is usually given to the insurer to

The section of economy markets like healthcare and utilities. They are stable and have steady earnings in good and bad times but have no growth.

A certain or exact boundary. Refer to definitive.

1.The unit of an angle or arc. It can be 60 min, 3600 sec, 0.017 radian, or 1/360 of a circle. As for the earths surface it is 60 nautical miles or

An agent that ensures a buyer’s trustworthy if they should default. A higher fee is charged for commission.

The specific type and quality of a financial or physical ASSET that can be delivered under the terms of an EXCHANGETRADED DERIVATIVE. Many contracts provide the selling party with the ability to

A good that is not good or damaged. It can be harmful mentally, physically, or morally. Taxes are placed on them to reduce use. Sin tax is the term for that tax.

The ability to get a level of performance compared to the computer predictions.

The amount an item can do its job when randomly chosen in a period of item.

The poisonous effect of something on the body through the skin.

Aspects of a component that are needed to make something. It decides cost, design, and risk. Refer to design specification.

How well a detergent cleans and adheres to stains to remove it.

1. using scientific knowledge to meet goals. 2. to extend a theory or invention. 3. changes in economics and social trends in the culuture and environment. 4. adding improvements to land.

Evaluation that is narrow and focused on a specific area.

Taking one thing and making it two. These parts are often opposing.