Category: Finance Dictionary

Equals 1/10th of a centimeter, one-thousandth of a meter, or about 0.04 inch, where 1 inch equals 25.4 millimeters.

The airlines serving a particular airport determine this specific standard period required to make a connecting flight.

As defined by the US or other individual state, this is a specific type of business whose ownership is considered to be ethnically or economically disadvantaged and owns at least 51% of

Used as an indicator of consumer confidence. Combines inflation rate and unemployment rate.

Using several different methods in a single forecasting process of a company’s future performance. a single analyst or a series of them can do this type of forecasting. Regardless, ascertaining the same

The way a communication, document, or record gets to its intended audience or receiver from its originator.

the German geologist Friedrich Mohs (1773-1839) invented this scale in 1812. Ten minerals arranged and numbered from the softest to the hardest. The mineral with a higher number can scratch a lower-numbered

Both employee and employer have fixed contributions with this specific type of pension plan. A flat amount or a percentage of the salary are fixed contributions based on the employee’s salary.

Unique market situation. Several producers compete for a single buyer’s business. War-related goods, like aircraft, artillery pieces, missiles, and other weapons, for example, have a government as its the sole customer.

Morbidity rate is a basic factor in setting insurance premium rates. It is the likelihood that a person will suffer a disease, illness, injury, or sickness, based on being a member of

Calculate: the property investment’s value minus the remaining mortgage amount owed. Requires knowing the financing used to secure the asset, the general property value, and mortgage amount still owed.

Term for motor hotel. Road-side, overnight accommodations facility. Offers little or no amenities other than parking space, like attached bathroom or room service.

In the mudaraba, this is a manager who shares in the profits once the work is begun by the contracted individual. This manager provides the management, business acumen, and the products/services the

Several angles or viewpoints are used to assess a situation.

Education, entertainment, or training through computer hardware and software using animation, audio, graphics, text, and full-motion video occur with this type of integration.

A euro note facilty that allows customers to access funds in a number of currencies.

Several providers are used to execute an essential business function. These sources are internal and external and divide the activities and services need. This gains better control over the cost and accountability

All contracting parties must enforce a contract for the contract to be legally enforceable, as a legal principle.