Category: Finance Dictionary

The comparison of a companies income and output between the present year and the previous year in an attempt to forsee forthcoming profits or losses.

The amount of a substance in a mix in a volume of liquid.

A prototype of an organization showing how well the system meshes with other organizations and how it functions within its own structure.

A rule in a contract that parties must do what they agree to or a demand can be placed to perform the action required. Refer to conditions concurrent and condition subsequent.

A COMPOUND OPTION STRATEGY designed to take advantage of VOLATILITY. Condors are created with the same ratio of PUT OPTIONS or CALL OPTIONS (i.e., one low STRIKE PRICE, one middle low strike,

1. a situation that can undermine a person due to self interest and public interest. 2. a situation when parties discharge responsibility to a third party.

The idea that a person is naturally not fond of pressure and want to be at peace with decisions made.

The EXECUTIVE BOARD of a French company that uses the DUAL BOARD SYSTEM. See also CONSEILDU SURVEILLANCE.

An arrangement of trade where a seller gets to sell in a shop they don’t own. Once sold the owner of the establishment is paid a percent of the money for the

A situation where payoffs add up to a constant figure for any outcome. One player winning must be offset by another players losses. A zero sum game is an example of this.

A professional that makes sure any changes or construction is done to the state and federal code.

How a party searches for and uses a good or service. It is done to fulfill a need. Refer to consumer decision making.

A term in shipping that means a carrier will pack the cargo in containers and unpach them at the port.

1. insurance taken out to cover expenses not covered by a primary plan. 2. insurance for remote risks that the primary policy is slow to cover.

A strategy that lets the seller uses a promotion to get customers they don’t have and keep the ones they do have.

Administrative budge agency that empowers a government bureau to receive duty before the related annexation has been cleared or to go pass an already approved annexation.

Kind of vehicle renting in which the renting company undertakes sustenance and restoration of the automobile and provides other related services (like offering a substitute vehicle), when a fixed fee is payed.

Kind of insurance policy (like insurance of property but not accident or personal insurance) which only gets back the insured persons to their actual financial standing. They cannot benefit from it.

Surplus of the actual deal price over the concluding price of a deal (includes remedial work and allowed changes).

Legal kinship between parties of contract demonstrated by 1) a proposal, 2) proposal