Category: Finance Dictionary

Point beyond which deformity will permanently occur. Condition of maximum pressure or stress put on a piece of material.

A type of furnace that uses graphite electrodes to melt scrap iron and steel that is often mixed with DRI pellets. Furnace can be AC or DC powered. See also induction furnace.

Organization established to provide standardized electronic commerce codes for membership-based businesses over the internet. United Nations sponsored an open, transparent, and efficient process for the development, maintenance, and distribution of these codes.

A list of email addresses. Retained electronically by the email user to send email to a group of users or to easily find the addresses of a selected user. Some companies buy

Online process of moving any funds from any one account to any other account. It can take various forms, including a retail purchase by credit or debit card, or bill paying automatically

Participants required to own or be able to commit to a sufficient regulated status and have available a specific amount of assets. Participant can be either an individual or a group. Participants

In typography, indicates one or more missing words, as in a shortened quotation. Consists of three dots (…). Known also as elision marks.

Tackles issues involving future accounting practices. This association acts under the provisions of FASB.

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 fixed income security, such as a bond, uses the rise and fall of another specific common stock to determine interest owed on the first security.