Category: Finance Dictionary

Using mathematical model rather than the market price to demean value.

Using mass distribution and mass media as a strategic attempt to reach an entire market with one basic, appealing marketing strategy. Also known as undifferentiated marketing.

A commercial contract offered to an investor with periodic investment instruments.

A sales contract’s essential terms. A description of the item sold, the price, the quantity, and the delivery date are essential components of the material contact terms.

The complete cycle flow of materials, and the associated flow of information defined as this type of planning and control of the supporting functions. In typical sequence: (1) identification, (2) cataloging, (3)

A sector in decline or having slower growth than the overall economy. Contrast to a growth industry. Also known as sunset industry.

After the expiration of a claims-made liability policy this is an extended period for reporting claims.

Dividing retail store activities into four major areas or departments as a management technique: (1) merchandising – responsible for buying and selling, (2) accounting and control, (3) store management, and (4) publicity.

The quantity’s actual value differs from a measured value. A systemic error caused by the measuring instrument’s incorrect calibration will not improve by repeating the measurement. A random error caused by the

Print media advertising space and electronic media time slots purchased by this type of advertiser or agent.

In the wake of a disastrous event, its health care system is overwhelmed, resulting in so many needy that the general health level of a community or society declines gradually or sharply.

Benefits to specific providers in-network are paid by Medicare through this specific type of supplement policy or certificate.

Serving only as a receipt for cargo that does not show freight amount, this is a specific type of abridged B/L form.

Research company or organization focused on various companies to provide credit ratings on these businesses. Established in 1933 the most well-known mercantile agency operates under the name Dun & Bradstreet, Inc. A

Bulk carriers, coasters, container ships, tankers, passenger liners, and the like., but excluding fishing and research vessels, are all non-military ships listed on a country’s official registry. Also known as merchant marine.

Acquired by Bank of America in 2008, this financial advisory and brokerage company, failed during the height of the financial crisis. Merrill Lynch was founded in 1914 in New York City. Through

purchase orders or contracts generated by this specific procedure from requirements or requisitions. (1) competitive bidding, (2) direct negotiations, and (3) single source acquisition are three common MOPs.

A risk related to political actions within a host country that adversely affects specific foreign operations, even if these risks beyond the reigning government’s control. Additionally, these adverse actions can migrate into

An organization’s immediate area of operations, its performance and decision-making freedom varies based on specific environmental factors or elements. Competitors, customers, distribution channels, suppliers, and the general public are some of these

Company founded in 1975 by former CEO Bill Gates. Technology corporation that develops computer software and interfaces with the World Wide Web (WWW). Microsoft Windows is an operating system that is the