Category: Finance Dictionary

The arrangement of chairs in rows facing a platform.

A code that is used to complete a transaction. It authenticates the user has done the transaction.

Insurance that extends a policy for a period of time for a certain amount. It helps to cover the changes in market value or a new asset.

A group of employees that work on the same project. Each member has great responsibility for their part of the project. The project succeeds if all parties perform their tasks correctly.

The number of days outstanding a receivable is during the accounting period.

The party that gives a contract to the bidder.

The way access is given for electronic commerce. This digital certificate shows the entity issuing, the entity issued, a serial number, dates, and a digital fingerprint.

An organizations management style that doesn’t plan ahead, responding to only urgent situations, and focuses on fire fighting. This is the way the company sets their goals. Refer to adhocracy.

Refer to asymmetrical digital subscriber line.

An AUDIT OPINION by an external auditor indicating that a company

Calculation that uses constant slope when charted on a graph.

When an agent is appointed but not officially. AKA presumption of agency. Refer to partnership by estoppel.

Studying the broker client relationship. It helps get good incentives for both parties. It also reduces disagreements between the two parties.

A fast growing firm that changes in a market. It keeps itself competitive. Authority is given to departments to speed up information flow.

The right to control the air space on your property. Reasonable use by neighbors or an aircraft is allowed. It can be bought, leased, sold, and transferred like with any rights.

A warnig that suggests a dangerous level has been reached, an accident or disaster has occured, or normal events will be interupted due to repairs and uncontrollable events.

An order where a broker buys or sells the parts of an order that can be filled. If this does not occur the sale is pending. Canceled orders cannot be filled. AKA

When a rule is made to cover debts with a percent of profits. Any loss or excess in the next period will taken care of in the next period. The other method

The idea that anything has more than one path it can take in its lifetime. Foresight and decision making change the path.

The maximum pollutants in a building and its surroundings.