Category: Finance Dictionary

A type of regulated investment firm with a limited number of shares available, as listed on a specific exchange, making the stock a closed-end fund.

Level of output in the short term where production marginal cost equals average variable cost, and the basis to stopping production.

Standardized document required for cross-border transport of cargo by road. It is based on UN recommendations for standardized international rules and is in force in the European Union. CMR it the acronym

Agreement to appoint worker representatives for participation in the firm’s decision- making processes on a firm’s board of directors .

Collaborative financing of the same project by two or more banks or other lending institutions.

Unknown prospects not a part of the salesperson’s ‘warm market.’

Legal principle. If a written main contract is challenged, the evidence of a second contract may not be ignored under the parol evidence rule, even if expressed but oral. This rule gives

The release of the renting firm’s right to recover collision damages from the person renting the vehicle. Optional insurance on a policy, sold typically through auto rental firms, covers this.

1. The risk both most and least that a company can absorb. 2.The weather conditions such as humidity, light, temperature, and wind that an employee can do their job in with the

How the Commodity Futures Trading Commission describes traders using the futures makret to hedge their activities.

A place for information that is needed for success.

A fact that is widely known but assumed to be true without any proof that it is.

Any media that allows recording of data. It has an extra layer that allows the writing but not erasing. The manual for this is the orange book.

The legal power that stock holders have in relation to the amount of shares they own. You must have 15% or more to have legal rights. 50% or more allows you to

A temporary leave from work for a good reason that an employer pays for. There is a contract made to specifiy the terms.

Using assertiveness and minimizes cooperation.

Factors that change competition on the market. It can be bargaining power, new entrants, or rivalry.

How a firm can offer products to meet standards of the market at good prices to get profits.

Ethyl Alcohol that is not drinkable because methanol is added to it. It is expemt from the duty placed on a drinkable alcohol. Refer to specially dentaured alcohol.

1.the number of math steps to get the answer. Refer to computability theory. 2. having many complicated parts that are linked. It can be related to people and their effect on the