Category: Finance Dictionary

An authorizing document issued by a government or legal authority that delineates the activities a CORPORATION is permitted to undertake. See also ARTICLES OF INCORPORATION.

An institution that is a party to a financial transaction with CREDIT RISK, such as a LOAN, DERIVATIVE, or financing.

Minority stakes held by two companies in each other; this is often done to help strengthen long  term business relationships, and is particularly prevalent in RELATIONSHIP MODEL countries such as Germany and

A rule for reinsurance that the reinsurer is not liable for losses after the termination date.

Determine (the amount or number of something) mathematically or include as an essential element in one’s plans.

A radio or television program during which the listeners or viewers telephone the studio and participate.

In telecommunication, the term call processing has the following meanings: # The sequence of operations performed by a switching system from the acceptance of an incoming call through the final disposition of

It is a tool being used by the United States government in response to the global financial crisis of 2008 to help it decide which banks to provide special help for and

The disease caused by an uncontrolled division of abnormal cells in a part of the body.

The net capacity factor of a power plant is the ratio of the actual output of a power plant over a period of time and its output if it had operated at

Refer to discounted cash flow (DCF) analysis.

An agent who only represents one company exclusively and no one else.

This is computed by multiplying the equivalent of a gas content carbon element and the carbon dioxide.

A term used primarily in liability coverages which refers to property belonging to another but which is legally in the insured’s possession or under his control.

A painful condition of the hand and fingers caused by compression of a major nerve where it passes over the carpal bones through a passage at the front of the wrist, alongside

Baggage that is carried aboard an airplane by the passenger, as opposed to being checked and carried in the hold.

Notice sent to a cash buyer acknowledging receipt of the order. The acknowledgment may include an offer inviting the buyer to increase the purchase order. Cash acknowledgments are frequently used if delivery

An account in the name of a borrower that serves as a clearing account with its bank, usually for the purpose of securing and servicing an indebtedness.

Cash and cash equivalents are the most liquid assets found within the asset portion of a company’s balance sheet.