Category: Finance Dictionary

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

Luring customers with low prices than selling them higher priced items saying the bargain was sold out. This is illegal. AKA bait pricing.

The amount needed to get the cells or organ to do feel the effect of a substance.

When an organization has an informal informational channel. It sometimes is faster than formal communication.

Adding new equipment to existing workings to make it last longer. AKA retrofitting.

An order that has to be filled later. The customer knows this and will wait. It is an important figure for customer services and inventory management.

Insurance that makes minimum monthly payments for credit cards. Its done if the insured is injured or unemployed. A percentage of the balance is the premium. It is added as a fee

Internet advertising that has affiliated sites show eachothers banners. Refer to affiliate marketing and affiliate model.

A unit of caro whose volume is 5 Ft3 or 0.141 M3. Eight of these barrels are a freight ton. Twenty of them is a registered ton.

The point of reference for freight rates that any changes are made to before it arrives at its destination.

In the UK this is when a holder sells late at night on the end of the financial year. They buy it back the next morning to keep the portfolio going. It