Category: Finance Dictionary

A term in bond price that means interest is not included in the figure yet. The buyer will get the interest on top of the value.

The component of an electrolytic cell called an electrode where oxidation takes place usually causing corrosion.

A chemical that destroys diseased microorganisms internally or externally.

Its the scale used to show the lightness or heaviness of a crude product. Liquid hydrocarbons are also measured on this scale.

Grouping two or more programs to do a specific operation.

1. part of income that is how profits are used to pay debt or increase profit. It states the profit amount not how it got there. 2. an account held by government

A party that designs construction. Refer to information architect.

A hydrocarbon taken fro petroleum products that release a sweet odor. The common ones are benzene tolune, and xlene. They are used for solvents, additives, and feedstocks.

A fiber that gets hard with age and pollutes the environment with its fine particles. It causes illness and cancer. It is in ceiling tiles, insulation, patching compounds, shingles, paint, flooring, and

The cause and effect connection that is accepted. It is used in simulations. It can be dangerous if accepted without any real world proof. Refer to critical thinking and rule of thumb.

Data that reflects how a customer affects products and services offered. Surveys are used for this. Refer to demographic data.

Any iron that has carbon or facecentered crystaline structures. It is named after Sir W. C. Roberts Austen. Refer to martensite.

When auto manufacturers make a report of the montly sales. It shows how well the market is doing and are seasonally adjusted. The stock market may use this to curb spending habits.

Reinsurance that covers certain risks. Both parties must agree to this.

An extra item that is necessary for a machine to work.

The average quality expected of a product after it has been manufactured.

Insurance when a premium rate that uses possible future rate hikes to have a higher payment. AKA assessment insurance.

The way assessed value and market value are linked. It is used for tax purposes.

A price raise that occurs after a previous mark up. Done during christmas.

Also known as an adjustor, an employee of an insurance firm who examines a specific claim to determine the cost to the firm.