Category: Finance Dictionary

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.

Compensation-to-insurer rate out of a retrospective rating formula used by the insured to limit a large loss.

Method of maintaining equilibrium in an exchange rate. Member countries of an economic community maintain exchange rate parity among their competing currencies. Fluctuation up to some agreed-to limit is allowed between specific

Restriction on who can represent what where and to whom. Typically describes who is the sole representative of a union or an association for collective bargaining.

(1) A share of COMMON STOCK without any rights to the current period DIVIDEND. (2) The time period between the announcement and payment of dividends.

Power to enforce executive orders as intended and given, authorized by law.

Airplane seat(s) next to an emergency exit doors. Requires the seating of one or more able persons who can handle the doors. Usually positioned over the wings.

Cognitive-psychology-based motivational theory. Proposes that motivation occurs when predicted, conscious expectations of what will occur are realized as a person does specific, planned actions. This is a loop of increasing productivity linked

A theory of decision making that the expected value (EV) is the cost one willing pays to have access to perfect information.

Set commissions are augmented by additional payment made to an insurance agent,

The note about expiration dates that agents use to keep track of policy dates.

The moving average for the prices of a security or index over a certain period of time. It focuses on recent data to predict the current trend. A 12-26 day period is

A product that is sold to other countries by the original country. Refer to export.

How a software can expend its capabilities without needing an overhaul. Refer to expendability and scaling.

The cost that is incurred due to defects. The product may be shipped wrong or not be of the quality needed.

Taking extra premium away due to a hazard that is gone.