Category: Finance Dictionary

Another word for blood alcohol level which is determined to measure someone’s legal limit to drive or operate a motor vehicle.

An addition to a general liability policy. A broad form property damage endorsement eliminates the exclusion of property under the care of the insured. A higher premium is most often paid for

The act of bringing a previously recognised value that was determined in the past, e.g. a balance brought forward from the previous accounting period at the start of a new accounting period.

Either a heavily restricted discounted fare of a normal airline or the normal budget.

Reinforcement structures that contain the contents of compartments which holds bulk items inside.

A collection of things, or a quantity of material, tied or wrapped up together. A set of nerve, muscle, or other fibers running close together in parallel.

The combined organizational structure, procedures, protocols, and set of regulations in place to manage activity, usually in large organizations.

Simply coverage for buildings and any property contained within the buildings.

Identifies {an} organization’s exposure to internal and external threats and synthesizes hard and soft assets to provide effective prevention and recovery for the organization, whilst maintaining competitive advantage and value system integrity.

Also called business simulation game) refers to simulation games that are used at an educational tool for teaching business.

Management in all business areas and organizational activities are the acts of getting people together to accomplish desired goals and objectives efficiently and effectively. TLD Example: One look at the company’s operations

Essential features of processes needed to effect standard operating procedures in a consistent manner.

A type of coverage that is often omitted from product liability insurance. Business risk occurs when a company manufactures or sells a product that does not meet the level of performance that

A company that disseminates full-text news releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases and other audiences.

The Buy American Act (BAA – ) passed in 1933 by Congress and signed by President Roosevelt, required the United States government to prefer U.S.-made products in its purchases.

Source direct, also known as tone defeat or bypass is a sound engineering term. It describes a feature on a piece of audio equipment which allows the audio effect such as bass

Coverage for improvements made on a property done by a tenant.

When a bill is made to collect on debt from another period. This is due to error or an eligible collection. It is best to avoid this.

A takeover where the buying company is now a subsidiary. This happens when the company bought is larger the the one purchasing it.

An OPTION strategy designed to take advantage of VOLATILITY. A LONG back spread is created through the sale of a smaller quantity of closertothemoney PUT OPTIONS or CALL OPTIONS and the purchase