Category: Finance Dictionary

A strategy that lets the seller uses a promotion to get customers they don’t have and keep the ones they do have.

Administrative budge agency that empowers a government bureau to receive duty before the related annexation has been cleared or to go pass an already approved annexation.

Kind of vehicle renting in which the renting company undertakes sustenance and restoration of the automobile and provides other related services (like offering a substitute vehicle), when a fixed fee is payed.

Kind of insurance policy (like insurance of property but not accident or personal insurance) which only gets back the insured persons to their actual financial standing. They cannot benefit from it.

Surplus of the actual deal price over the concluding price of a deal (includes remedial work and allowed changes).

Legal kinship between parties of contract demonstrated by 1) a proposal, 2) proposal

In the US markets, the period between the filing of a final PROSPECTUS and the offering of a NEW ISSUE of securities to public investors. The cooling off period is typically 20

INFLATION that results from increased costs of production, including raw materials and labor. Higher production costs are priced into goods and services, leading labor to demand higher wages to meet the higher

A contra account that is used to fund EXPECTED CREDIT LOSSES. Reserves are established by deducting required amounts from operating revenues or current income, and are used when a COUNTERPARTY ceases to

A regulatory method of computing CREDIT RISK on a SWAP under the BANK FOR INTERNATIONAL SETTLEMENT

A collection of items of the same type stored in a hidden or inaccessible place or a hidden or inaccessible storage place for valuables, provisions, or ammunition.

An office set up to handle a large volume of telephone calls, esp. for taking orders and providing customer service.

An OVERTHECOUNTER COMPLEX OPTION that grants the buyer a payoff based on the difference between a predefined STRIKE PRICE and the worst performing ASSET in a PORTFOLIO. See also CALL ON THE

A billing method in which a wireless phone caller pays only for making calls and not for receiving them. The standard American billing system requires wireless phone customers to pay for all

An OVERTHECOUNTER SWAP structure that gives either party involved in the swap the OPTION to terminate the transaction at a future date. See also CALLABLE SWAP, PUTABLE SWAP.

A statistical measure which helps determine how well a process meets customers

Capital surplus (also referred to as additional paid in capital, paid in capital in excess of par or share premium, is an accounting term which frequently appears as a balance sheet item

A healthcare plan that allows payment of a flat fee for each patient it covers. Under a capitation, an HMO or managed care organization pays a fixed amount of money for its

Calcium carbide (CaC2), used to generate acetylene by reaction with water and formerly used in portable lamps.