Category: Finance Dictionary

Direct and indirect costs arising from the separation of ownership (i.e., COMMON STOCK shareholders) and control (i.e., DIRECTORS and managers) that ultimately lead to a reduction in ENTERPRISE VALUE. Agency costs can

When an agent has ownernship of their controled parties goods.

Testing ads for their memorability. A subject is shown an ad and asked what they remembe about it. They are also asked if they saw it before.

A confirmation number for a reservation on a plane.

A water soluable base that feels soapy. It has a ph level of above 7 and makes the litmust papers turn blue on contact. Burns result from exposure to strong alkalis.

Anything that causes an allergic reaction. A person must be allergic to the substance to hav a reaction. The body fights this foreign substance. AKA antigen.

Mortgage risk category that isnt prime or sub prime but is closer to prime. AKA A minus.

When cargo is brought on an another route that offers the same tax and terms. Refer to alernative tariff.

A school that researches life insurance and publishes the results for the public to read. Agents can also continue their education here.

An OPTION that can be exercised at any time prior to, and including, maturity. See also BERMUDAN OPTION, EUROPEAN OPTION.

A metric unit for electric current. It is the current flowing through one volt for one ohm. It is named after the scientist who discovered it Andre Marie Ampare.

A high risk investor that likes new acquisitions that seem to be profitable. They have experience and help on the board.

Hiding the source of an email causing the email to be an anonymous message.

Policies and regulations that restrict the formation of OLIGOPOLY or MONOPOLY power in order to promote free market competition.

Any international document that requires additional authentication. It can be anything from a school record to an adoption paper. It was done to reduce the amount of time taken on authentication between

Software routines, tools, and procedures that are grouped to be building blocks in developing an app for a platform. Its an interface that lets different programs work together.

Insurance for any additional property that is on the policy. It covers 10% of the covered item.

An area of a market used to measure the audience reached by a broadcast. The area gets the same programing.

An INTEREST RATE SWAP with a floating INTEREST RATE that is set in arrears rather than in advance; thus, the rate may be set two days before payment date, rather than six

The state of being sterilized in a small area to reduce exposure.