Category: Finance Dictionary

One or more companies selling similar products use a Web site to display their electronic catalogs. E-mall maintenance companies often charge commission from the sales revenue generated at that site they maintain.

Refers to electronic devices and technologies. Typically, refers to their study.

A person who is deemed eligible for benefits under the policy contract. Also, person relying for financial support on a policyholder or taxpayer.

Developed by L.W. Ellwood/ Real estate capitalization rate tables. Takes into account associated risks as well as the expected annual and resale cash flows under consideration. Used to estimate net income present

New market structured on new technology, new standards, world-wide access and revised regulations. Arising from digitalization, deregulation, globalization, and open standards, these markets are shifting the balance of economic power from the

Provided by the employer for expenses such as medical care, death, or disability, to an employee. Benefits are often part of compensation.

A management practice allowing employees to take initiatives, make decisions, solve problems, improve service, and manage performance. Employer sharing information, rewards, and power with employees are essential actions in this practice.

Property owned by one party but subject to the legal claims of another party. See encryption and encryption algorithm.

If the company would announce the uncertainty, it would end the doubt enveloping a company’s financial situation.

Measured energy usage by the contracted energy user. Measured by the generating entity, typically the energy utility over its transmission lines.

A person signed up to receive benefits from a health insurance plan. Dependents of an insured are excluded.

Organized, computerized, periodic analysis of customers, sales, and market data. Computerized analysis trends detect patterns of demand, usage, and service requirements. Patterns are feedback to devise new or improved procedures and policies

A measurable condition. The level of disorder in a closed but changing system. The system can only change in one direction, from a relatively ordered state to a more disordered state. During

A non-governmental organization (NGO) focused specifically on the environment and its unique issues.

Planned, static, constant-amount repayment installments. May be post-dated checks collected in advance. Typically cover hire purchases, leases, or loans.

Ordinary shares of various types of stocks are bought and sold in a central trading place, called a securities market. In the US there are several of such markets, collectively called The

A place for trading investment vehicles, giving companies sources of capital, as well as investments for another entity to share risks, invest, and raise personal worth. Known also as stock market.

Calculated yearly cost for owning an asset, tallied up to a to-date, life-time cost of ownership.

Scholarly; smart. People who have great knowledge from spending extended time gaining this knowledge. This knowledge is gained formally through school, or personally by reading. Experts are considered to be erudite in

Projected leaving 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 departure.