Category: Finance Dictionary

A code with 9 digits the the CEDEL and the Euroclear.

A resource that creates benefits. Overuse of these resources is bad.

An airfare for a second ticket that is discounted. AKA comp fare.

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.

A conference on the web for a company’s employees. It is a call system from company to company. The quarterly performance is reported and then a question and answer section is started.

1. something that is hard to solve. 2. a situation that have many factors making them hard to separate. 3. the relationship when the cause is different due to the associations with

Anything that moves people and cargo to another carrier.

When an agreement is made though a manner that doesn’t require face to face interaction. The solution is simply signed and settled.