Category: Finance Dictionary

UK term for an individual whose compensation and benefits are taxable, and who is works regularly, full-time or part-time.

Confirming a person’s employment eligibility. Involves checking past work history of current or potential employees. Insuring details provided by the employee match the information found. Occurs typically prior to hiring or promoting

The method used to encrypt and decrypt communications or data files. This can occur on paper or electronically. The method is typically a mathematical formula or Key. Both the sender, the encryptor,

The concept that economic growth depends on government-negotiated, but non-international trade policies, industry access to capital and human resources, and effectiveness of internal processes. Popularized in the 1980s, this theory allegedly explains

Category of energy consuming appliances and equipment. Overall energy efficiency rating (1) within the top 25 percent ratings, or (2) 10 percent better than a minimum standard are the basis for selection

Requested or provided change that increase the value of an item or improves overall capability or available functionality.

A multiple (factor applied to value) that depicts a company as a potential acquired would. This multiple is applied to calculate the value of the involved company. It factors in the debt

Entrepreneurship expenses exceeded by income received.

Optional practices and guidance focused on the management of air emissions, wastewater effluents, and solid waste. Collection of current best environmental practices.

Individual’s right of access to courts equal treatment under the law. Similar to the right to due process of law, equal protection of the law specifically focuses on fair, equal treatment.

A real right, but not a legal right, in a property. Examples are a life tenant, or the beneficiary of a trust. Known also as equitable estate.

A security whose gain is based on another instrument, a sector index, or broader market index. This basis is not on any yield by interest rate. Often, such a linked security protects

Same as an option. Opportunity to purchase specific at a set price by a set date of expiration.

A disclaimer statement on an invoice to cover clerical error. Typically found after the total, at the end of the document.

Projected landing time and date for a ship at port or a flight at an airport. Typically for a specific city. Known also as expected time of arrival.

A conflict of right (ethical) or wrong (unethical) or situation forcing alternatives on an entity seeking ethical behavior.

Dollar-driven LIBOR sibling as a euro-driven alternative for British Bankers associations.

EU’s only parliamentary institution that is elected; has five-year terms. It and the European Commission have legislative powers. However, only the EC can propose said legislation. This parliament manages EU budgetary actions.

Granting additional shares into an employee option plan each year. The plan has no expiry date and needs no additional approvals for the grants. Outstanding company shares are ratioed, pre-set, to calculate

Typically equivalent with observe or analyze or inspect. Also synonymous with review, when examining a document.