Category: Finance Dictionary

One degree Brix is 1 gram of sucrose in 100 grams of solution and represents the strength of the solution as percentage by weight (% w/w) (strictly speaking, by mass). If the

A largedenomination CERTIFICATE OF DEPOSIT issued by a BANK to a BROKER/DEALER, which splits the certificate into smaller denominations suitable for distribution to retail investors. In some instances the bank may issue

Common reference for million. See also TON, YARD.

A gradual accumulation or increase, typically of something negative and typically leading to a problem or crisis.

When a junior or new employee is qualified for a position and is not laid off, but instead a senior employee is laid off in their place, this is called a bumping

A unit of the United States Department of Labor. It is the principal fact-finding agency for the U.S. government in the broad field of labor economics and statistics.

A six digit code used in business to classify the principal activity a company performs. The business activity code is used by the IRS to categorize companies for tax purposes.

These laws impose a moratorium on certain kinds of transactions (e.g., asset sales, mergers) between a large shareholder and the firm for a period usually ranging between three and five years after

A company ceasing its operations following its inability to make a profit or to bring in enough revenue to cover its expenses. The final step is always that the business runs out

The term used to describe the liability coverages provided by the Businessowners Liability Coverage Form. It includes liability for bodily injury, property damage, personal injury, advertising injury, and fire damage.

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

When collateral is used to keep a defendant out of jail before the hearing. It’s a precent of the total bond. It is taken if the person does not appear in court.

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