Category: Finance Dictionary

The best way to handle a situation if negotiations fail. It occurs when a party won’t give in. Its used as a benchmark to compare any settlement to.

AKA best practicable environmental option.

When several parts of a job are separated so different bids can take on the job.

Trading done between government agencies for a limited time. Its expressed in the major currency even though both countries get paid their currency. It is disruptive according to the free trade.

The days between costs and invoicing them. It is the time it takes data to process.

Anything that kills life forms when it is placed on them.

An untraceable untaxable deal that is not affecting the GDP.Third world and first world countries use this cash based system. They are kept in secret books. It is illegal but helps survival

A closedform OPTION pricing model developed by Black and Scholes to value EUROPEAN OPTIONS on nonDIVIDEND paying COMMON STOCKS. The BlackScholes framework generates option prices based on a series of assumptions including

A certificate that is digital. There is no identifying informtion on it about the party it certifies. It is used to transmit verified anonymous information about a transaction.

Helping individuals into areas outside of their ethinic background. The current residents will sell and lower the prices of homes. A broker can buy their property for cheap and sell for higher

An insurance plan that covers surgical and medical bills. It is usually grouped with blue cross to cover all costs.

1. content that is made to fit many uses. 2. a legal language institutions use printed on the back of a contract or bill. Big law firms write them and they are

A notation of a transaction on accounting books.

Ledgers that are handled manually that the book of original entry is transfered to. For computerized accounting it is automatically transferred.

Refer to jar. A narrow opening container that is enclosed with a cap to hold contents.

An INVESTMENT BANK that specializes in a particular area of business, such as CORPORATE FINANCE, LEVERAGED BUYOUTS, or MERGERS and ACQUISITIONS. Boutiques do not offer the full range of investment banking services

A yellow alloy of copper and zinc or a decorative object made of such an alloy.

A point where any difference between plus or minus or equivalent changes side.

A test to determine the hardness of metals and alloys by hydraulically pressing a steel ball into the metal and measuring the resulting indentation. The Brinell scale characterizes the indentation hardness of

With the side turned to a particular thing or on the side.