Category: Finance Dictionary

A party that is not involved in litigation but gives expert testimony when the court asks. They can support public interest not being addressed in the trial.

The first shopping center that attracts others and the customers associated with them. The rent is lower for this tenant.

The way taxes are done by taxpayers that don’t get even payments. It is done on a quarterly rate. Tax under payment penalties may be reduced.

A clause in a charter that prevents buyback of stockshared for the board of directors. Managers cannot buy back stock at premiums because of greenmail.

A company owned by time warner. It was used on dialup and had a radio and messenger service. It was founded in 1983 and was briefly called quantum computer services.

A scale with numbers that is used to determine charges, tax, and other cost issues.

A charge that an appraiser estimates for market value. The fee is based on the value or it can be fixed.

Joining metals by heating the spaces between them and adding a filler metal.

When a deal is made between parties interested in the same outcome. This can be a noncommerical prices and terms. Refer to arms length transation.

A work or illustration that can be a drawing, letter, painting, or photographs. It is made to be reproduced by its instructions and color specifications.

An employee that helps someone with higher rank than them intheir activities.

The requirement of an insurance officer to sign the contract for it to be official.

The SUPERVISORY BOARD of a German CORPORATION. See also VORSTAND.

A party allowed to manage an account. This can be for any type of account. They are not required all the time to repay debt incurred.

Automatic REINSURANCE coverage for an INSURER that becomes effective once a defined loss limit is exceeded, often implemented through a STOP LOSS AGREEMENT or a CATASTROPHE PER OCCURRENCE EXCESS OF LOSS contract.

The idea that any living system can maintain stability despite any changes. It is self regulated.

The amount of accounts in receivables, cash, and inventory just to name a few. They are easily converted into cash or can be sold in the year.

A BID on a LIMIT ORDER that is lower than the current price, or an ASK that is higher than the current price. The order is held for later execution unless it

The validity of a document or record. The document is kept in original form with no tampering.

The style of an organization that is flexible and can respond to change better. Refer to adhocism.