Category: Finance Dictionary

Asset backed security (ABS), structured like a collateralized bond obligation (CBO). Instead of its bonds, it is based on a bank’s portfolio of personal loans.

1. Vertically-scoped area, block or section of printed text; separated from other blocks or sections by either a blank space or a fine-ruled line. A construct in a publication such as a

When a business gets a loan. They are created to help with working capital or expansion. It is short term and must have collateral.

A graph of the value securities that the national association of insurance commissioners puts out annually. It shows security values for the company on its balance sheet.

A firms expense over the whole process that can’t be placed in one department.

The difference between machines that allows interchangeablility. They must be used either together or seperate.

Complimentary rooms to guests based on the rooms bought by a group. AKA comp room.

The idea that jobs that need an employee to have the same skill set should be paid the same.

When switching jobs sometimes the pay is different than the current one. If a job is less enjoyable than the wages may be raised to compensate for that. AKA compensating wage differencial

The way pricing is done when a seller uses a competing product rather than the supply and demand.

Making a firm’s budget based on the competitions spending. It assumes similar objectives. Reer to adaptive control method, affordable method, objectives and task method, and percentage of sales method.

A programming language processor whose job is to translate other languages into machine language. It helps programs run faster.

A sponsor that promises a lender coverage on the risky phases of a project. They promise to finish on time and pay for over runs.

The measures needed to meet certain governmental criteria.

1.to compute a charge on an amount that is already added. 2. a sustance with two or more elements in it held together by a covalent bond. 3. settling a matter in

ACOMMERCIAL LINE of INSURANCE providing the INSURED with protection against all exposures except those specifically excluded, generally those arising from products, premises, and actions of independent contractors.

Deciding if a math problem is solvable or not and the amount of effort it will take to do it.

When a company buys new products to get into new markets.

Reduced tax rates such as exemptionsand deferments to boost interest in investing. Australian earnings in superannuation funds are taxed at a lower rate.

The obligations of insured party before a benefit is paid.