Category: Finance Dictionary

A gift for incentive that a retailer gets to get them to buy more. Dealer programs or premiums are an example.

Releasing liabilty for unsecured debt due to bankruptcy order or creditor. The debt is unenforceable. Anything secured with collateral are enforced through liens.

The income pledged for paying off debt. It involves expenses and income.

A shipment’s value used to decide charges and limits the carriers liability. It is the cost price and is lower than the declared value for customs.

Inventory shared by two operations to prevent breakdown or unevenness for machines. It reduces output synchronization. AKA intermediate stock.

A commercial good that is not fit for the use, dangerous, or has inadequate instructions. Refer to defect.

1. A planned expenditure the government has to put more money without taxing. It is supposed to increase business activity and additional revenue for shortfall. AKA defecit spending. 2. Financing debt to

The material that is under deterioration by natural forces or chemicals. Refer to biodegradable and photodegradable.

Water that has no atoms and is used in cleaning chemicals.

Not repaying a debt as agreed. 2 missing payments is considered delinquent for consumer loans but it takes 15-30 days for credit cards.

A move down on the demand curve. It concerns oil and energy use with high prices and reduced supply leads to permanent demand reduction.

Factors that show a target group in a market. Refer to psychographics.

A contract for dental care supplied or prepaid on a group or individual.

The lowest point in a cycle that has reduced buying powe, mass unemployment, excess supply, falling prices, falling wages, or lack or future confidence. AKA slump. Refer to recession

Converting grassland or arid land into a desert through human action.Refer to deforestation.

A agent that is a manufacturers representative that helps customers get what they need and offer help. They offer help to get sales up.

A reduction in currency value. It improves balance on payments but worsens inflation on imports.

Dually employed with kids. A house with a married couple with kids. Refer to DENK.

Units of diamond trust that are 30 stock in the Dow Jones market. It pays monthly dividend and capital gains annually.

The benefits of a firm that make it different than the competitor.