Category: Finance Dictionary

Business partner is a term used to denote a commercial entity with which another commercial entity has some form of alliance. This relationship may be a highly contractual, exclusive bond in which

Freepost is a postal service provided by various postal administrations, whereby a person sends mail without affixing postage, and the recipient pays the postage when collecting the mail. Freepost differs from self-addressed

A legal trust set up for the purposes of business, but not necessarily one that is operated in The Commonwealth of Massachusetts. They may also be referred to as an unincorporated business

A TAKEOVER or LEVERAGED BUYOUT where a portion of the target company

An ORDER given by a client to a BROKER to purchase all of a SPECIALIST

1. selling too much stock. It shows that the firm may be going under. 2. giving emergency help to a company to keep it going.

A person born between 1945 and the late 1960s. This was big population growth period. These people had different spending needs.

When a prediction is made based on an outcome and works backwards to the present.

A contract where more charges or profits are earned at the end of the contract.

Releasing a prisoner due to a deposit of a security. The person must still appear in court. A civil case allows release but criminal issues are based on the courts discretion. Bail

A fund whose deposit money is insured by a commercial bank. It is admisitered by the Federal Depository Insurance Corporation or the FDIC.

A bank started in 1762. It was most stable in the world for a long time. In 1995 it collapsed because Nick Leeson did unauthorised trading. It was bought by ING.

A report made the way the GAAP dictates it should be. It is used to evaluate operations. This can be a balance sheet, income statement, or cashflow statement.

A bank that closed in New York. It was a global investor before 2008. JP morgan chase bought them out.

A portfolio that mostly invests in bonds with medium maturity rates. Smaller amounts are invested in small and long maturity bonds. When graphed it lookes like a bell. Refer to barbell shaped

The way benefits are calculated for insurance in a pension plan.

An international copyright treaty. It addresses treatment, protection, and forbids imposition on certain types of literary work. It was signed in 1886 and revised in 1914, 1928, 1948, 1967, 1971, and 1979.

The current best way to do a job to reach a certain goal.

A US organizatoin that rates the ethical performances of busniesses. They award a business with good customer relations and a high level of trust.

The largest firms for accounting. They handle public and private companies. They are Deloitte Touche Tohmatsu, Price water house coopers, Ernst & Young, and PMG. It started in 2002 after 8 merged