Category: Finance Dictionary

The previous UN that made worldwide recommendations. The International Telecommunications Union Telecommunications Services Sector replaced them.

The area for empty containers. Refer to container freight station.

A business that gives graphics and text for articles. It is used for publications or a website to make it catch the eye of the reader.

Improvement that occurs in spurts that reoccur. AKA continuous improvement.

A debit or credit entry made in the books to balance an earlier event.

Examination and review of price data, provided by a builder to a main (client), for appraisal of its truth and rationality pertaining to potential economies and accomplishable degree of efficiency.

Scripted, one-sided (but included in the ambit of adjustment clause), or agreed together bilaterally, change. A deal alteration may bring in or call off specifications or conditions of a already existing deal,

Low carriage charge assured by a transporter for a prolonged period, provided that the customer commits to providing a large volume.

Stipulation in a deal which provides a contractor with the power to choose certain substances or methods out of a sanctioned list.

The market value of the shares of COMMON STOCK into which a CONVERTIBLE BOND can be exchanged, generally computed as: where Convratio is the CONVERSION RATIO and S is the stock price.

(1) The general class of financial transactions that a company may consider to alter its structure, operations, or business focus, including MERGER, ACQUISITION, CARVEOUT, DIVESTITURE, RECAPITALIZATION, LEVERAGED BUYOUT, or MANAGEMENT BUYOUT. (2)

An OPTION position where the seller of the option already holds the UNDERLYING ASSET or cash that must be delivered if the buyer EXERCISES the option. Selling covered options is a relatively

A practice where ORDERS to buy and sell listed securities are matched (

The point when two opposite states separate.

The branch of mathematics that deals with the finding and properties of derivatives and integrals of functions, by methods originally based on the summation of infinitesimal differences. The two main types are

Market in which brokers and dealers borrow money to satisfy their credit needs, either to finance their own inventory of securities or to cover their customers’ margin accounts.

The risk that a bond will be called prior to its maturity date, causing the bond’s principal to be returned sooner than expected.

Rooms in a university or college halls of residence, occupied by students during term time and visitors during student holidays. This is a good option for those on a tight budget.

A memorized speech that is designed to target all audience members without any discrimination.