Category: Finance Dictionary

The temperature when a liquid turns into a gas. For water is is 100 degrees celcuis. A solvent based liquid has a lower boiling point. Flammable liquids have a lower still boiling

Inventory control that keeps a running total and new purchases are added to it while sales are subtracted.

Studies binary variables that may only have two values which are true (1) and false (0), and also studies the mathematical operations performed on them. A set of rules known as Boolean

The neck or mouth of a bottle or a point of congestion or blockage, in particular.

A term popularized in North America and the United Kingdom to describe intimate, usually luxurious or unique hotel environments. Boutique hotels differentiate themselves from larger chain/branded hotels and motels by providing personalized

To determine feasibility of the product that is intended, there’s a prototype configured for the testing straight out the laboratory. Also may be compared with breadboard configuration.

An analysis method used to determine the number of jobs or products that need to be sold to reach a break-even point in a business.

Before or during a new issue, a statement by an auditor that a comfort letter previously published is still valid. A comfort letter is a statement indicating that, while a full audit

A small book or magazine containing pictures and information about a product or service.

Web caching is the caching of web documents (e.g., HTML pages, images) to reduce bandwidth usage, server load, and perceived lag. A web cache stores copies of documents passing through it; subsequent

A meal consisting of several dishes from which guests serve themselves or a room or counter in a station, hotel, or other public building selling light meals or snacks.

Capable of resisting the force of a bullet; resistant to penetration by a bullet; armored; as, a bulletproof vest; a bulletproof window. Designed so as to be resistant to abuse or misuse

Theme, core idea; A heavy load; A responsibility, onus; A cause of worry; To encumber with a burden (in any of the noun senses of the word).

A bus network topology is a network architecture in which a set of clients are connected via a shared communications line, called a bus. There are several common instances of the bus

Captures the reasoning for initiating a project or task. It is often presented in a well-structured written document, but may also sometimes come in the form of a short verbal argument or

Companies law (or the law of business associations) is the field of law concerning companies and other business organizations. It is an establishment formed to carry on commercial enterprises. See, Business Entity

(BI) refers to computer-based techniques used in spotting, digging-out, and analyzing business data, such as sales revenue by products and/or departments or associated costs and incomes.

A desire of the project customer that focuses on a business problem; its fulfillment is strategic to organization goals.

If representatives were to be bodily harmed or injured or if any damage were to be done to the property, insurance for the business owned property would cover it.

A compilation of statistics published by Dun & Bradstreet that reports the number of businesses