Category: Finance Dictionary

Any US nongovernment group that manages standards for the US industry system. Academics, special interest groups, users, and vendors use this as a forum to set standards. Its a voluntary position but

The actual amount a good or service is sold for. Or a fair market value that an exchange costs. It is used for tax purposes.

A drug that causes loss of sensation. This loss can be total or partial. If overexposed side effects can occur and even death in severe cases.

1. any thing different from the norm expected. 2. any physical abnormality.

A way to prevent stealing. It can be for cars or for computer data.

A public plea for forgiveness to undo some damage. A payment or offer can also make ammend by publishing correct information and renouncing previous claims.

A program that is complete and performs its task but does not perform maintenance. The slang term for this is an app. AKA application software.

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.

The state of not having balance. One part is more than the other.

1. when work force goes down due to natural, uncontrollable, and unpredictable elements. 2. losing resouces when they become obsolete or spoil.

A government comittee that promotes Australian products to other countries. They also want to attract more business to the country. There are 100 offices in 63 countries that do this.

A statistical measure that indicates the degree of CORRELATION of a random variable with itself; specifically, it measures the relationship between a value in a time series and those that occur before

A vehicle with four wheels and an engine. They move people and cargo around. Gasoline is the fuel for this transportation method. Some have electric or water run engines as well.

An asset that is ready for quick conversion into cash. This is done to meet an urgent need for cash flow.

When an investor buys long position shares to reduce prices and make more profit. Compare this term to average down and dollar cost averaging.

Merchandise that is valuable but is not freighted in that category.

A bid adds more to the quoted price if a change to the work is accepted.