Category: Finance Dictionary

When more money is taken out of an account than it has in it. This account is linked to a country not an individual.

A term meaning that an activity requires oxygen to complete its work. Refer to anearobic.

Getting full rights at the age of 18. Refer to legal age.

Payments made between government agencies for services exchanged. They are not on the budget.

A condition that makes the accused more liable. The more severe punishment is given to cases with brutality. Refer to mitigating circumstance.

Any stock that falls due to negative news about a company.

A bond with no taxes that a region uses to expand an airport.

The amount taken out once in a period of time for insurance. Refer to rider.

The total price that has explicit, implied, paid, and incurred costs in it.

A party as a back up to a beneficiary. They will get any inheritance. Insurance uses it as well. It is more common in real estate or personal property.

Edward Altman’s way to file bankruptcy. It measures how well a party can pay debts and prevent insolvency.

A negotiable certificate issued by a US BANK representing a foreign company

The largest standards source for materials, goods, services, and any system. Additiona information is also published like sampling methods, testing methods, effects of agents, and safety guidelines.

Anything not needing oxygen and may be harmed by it. An example of this is bacteria. Spelled anerobic sometimes. Refer to aerobic.

1. a yearly report about a firms operations, composition, and position. It mus be done by incorporated and registered firms. Details on this are stock holders, directors, charges against a firm, office

A rule that stops a firm from giving more stock without letting stockholders to buy the new shares first. It is done to keep stockholders percentage of ownership intact.

A TAKEOVER mechanism where a company seeking to acquire a target firm agrees to pay the same price for any shares that are tendered. The anyandall bid stands in contrast to the

In New York every insurer must comply with the New York codes. If they aer from another state they must still follow New York rules.

A program whose base is in software or the web that is an interface for a task. They can be on a hard drive, the internet, or through a smart phone.

An investment strategy involving the simultaneous purchase and sale of two ASSETS in order to capitalize on small price or rate discrepancies. The intent of the strategy is to generate a profit