Category: Finance Dictionary

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 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

Inventory measure that uses what is needed to make the best level of output.

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

A failed venture, or a company that has filed for VOLUNTARY BANKRUPTCY or INVOLUNTARY BANKRUPTCY

When the market is segmented by differences in benefits a product has to offer. It tries to define a niche for promotion.

When two suppliers compete. They choose their own selling price and than meet demand. The cheaper of the two will probably have more customers. Sometimes the demand is split in half. They

When a party is delegated to take the best action for another party in the current situation. This is done when not all possibilities can be prepared for or when fast choices

An alternate term for biennial or twice yearly.

Leasing a large asset. The government or a corporation can do this.

1. giving a bill of exchange to a bank to be accepted as payment. 2. sending an electronic invoice so a customer can review charges before making a payment.

An ad sent in the mail that is the size of a post card. It has a space for a stamp on it as wel as the advertisers address.