Category: Finance Dictionary

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.

A method of accounting for charging costs as an expense when incurred and acknowledging a collection when made as revenue.

The amount an INSURER is required to return to the INSURED if an INSURANCE contract with savings features is cancelled prior to maturity.

Temporary or part-time laborer who performs various services. An hour or a day is the typical work duration.

A form that lists specific causes of loss covered by a commercial insurance policy; usually an attachment to that policy.

Characteristics that are the focus of particular interest of an individual to an examiner, interviewer, trainer, or perceiver.

if a foreclosure sale on a mortgaged asset fails to generate sufficient monies to cover the loan balance, interest, and other costs, the borrower will undertake to reimburse the lender with the

The order of hierarchy by which an organization wields and delegates authority and power from top management to every employee at every level of the organization. By design, Instructions flow downward along