Category: Finance Dictionary

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

A certificate representing claims on foreign equities. They are issued by the US through a transfer agent. The agent works on behalf of the issuer.

Any life form that doesnt need oxygen to live.

When the borrower must have a zero balance with the company for 3.060 days. It is not common anymore and is not necessary for a secured line of credit.

A law making boycotting a specific business illegal. It was founded in the 1970s. Businesses can’t refuse to hire US citizens based on race, religion, or their mother country.

Fixed freight rate regardless of the weight of the package.

A program that does a small part of a big program. Java is commonly the language used to program these.

A circuit that performs only one purpose. They are combined to do complex tasks.

Any liquid waste that is waterbased. It may have floating or settled debris like oil, paint, or rust.

A source that releases air pollutants over a small area of air. It is not a point source.

The theory that no election is swayed by the voting method used. The criteria of unrestricted domain, nondictatorship, paret efficienty, and independence of irrelevant alternative are used to determine the validity of

A financial contract or physical object with value that is owned by an individual, company, or sovereign, which can be used to generate additional value or provide LIQUIDITY. Assets are credits to

1. the gasses that surround the earth. It is made of nitrogen and oxygen. Trace amounts of argon, carbon dioxide, helium, krypton, methane, neon, sulfur dioxide, water vapor, and xenon are present.

The grounds an auditor comes to an opinion based on. Tests and documents are used for this.

A computer program that lets a user make their own web media and the tools needed to use it.

AKA for computerized reservatin system or CRS.

When machines and operators can work together. The operator gives the machine a human touch. Both automatic and semi automatic processes make it easy for the operator.

When a third party becomes a guarantor to make sure a payment is made even if default occurs. It is more common in Europe than in the US.

The cost saved by buying resale instead of building a new plant. The capital cost and operating cost of the plant are considered.

Data that represents units. It is used to show the amount of that unit that is owned and how it responds to a variable.