Category: Finance Dictionary

Protection of goods and business assets against robbery and embezzlement.

The cost of qualified business gifts is deductible to a maximum of $25 per year per client or customer. The $25 limit does not apply to promotional items costing $4 or less

A set of tools for strategic planning and tactical implementation of policies, practices, guidelines, processes and procedures that are used in the development, deployment and execution of business plans and strategies and

A collection of related, structured activities or tasks that produce a specific service or product (serve a particular goal) for a particular customer or customers.

A Business rule is a statement that defines or constrains some aspect of the business. It is intended to assert business structure or to control or influence the behavior of the business.

(B2B) describes commerce transactions between businesses, such as between a manufacturer and a wholesaler, or between a wholesaler and a retailer. Contrasting terms are business-to-consumer (B2C) and business-to-government (B2G).

Buy and hold is a long term investment strategy based on the view that in the long run financial markets give a good rate of return despite periods of volatility or decline.

Trusts are used in the United States as a legitimate tool to circumvent gift tax, and to minimize taxation of assets upon death of a married couple.

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

The date on a document that is retroactive. AKA ante date. It is the opposite of post date.

Pricing a product by using the finished result and working your way back. When inventory must be kept low this is the way costing is done. AKA backflush accounting.

The process of determining the validity of a VALUE ATRISK model by comparing actual profit and loss experience with results predicted by the model. The process is also applicable in investment management,

When past good performance is used to predict future performance. The cards do not take in to consideration the environment.

In France, a MERCHANT BANK that invests its own CAPITAL in support of CORPORATE FINANCE transactions and engages in securities UNDERWRITING and TRADING.

Material used to make barrels. It is meant to stop leaking of gas, liquid, and radiation.

1.the days in a year used for interest computation. 2. when adjustments are made between currencies. 3. the price difference between the cash and futures market for an asset. 4. the purchase

In the UK markets, the practice of selling COMMON STOCK of a company on one day and repurchasing it the following day in order to establish a gain or loss for tax

Acknowledging an expense when it is incurred. When paid the tranaction is recorded.

The conditions that must be met before any benefits are paid to the party.

A metal found in alloys that is toxic. It is used in aircrafts, rockets, missiles, spacecrafts, and nuclear reactors. If exposed for less than 50 days poisoning occurs. The result is fatality