Category: Finance Dictionary

1. converting the value in an annuity into payments periodically made. 2. to start to get payments periodically from an acuity contract.

Any chemical or physical agent that kills microorganisms. It can be an antibiotic, antiseptic or disinfectant. AKA germicidal.

A building that several people live in with a common entrance and hallway. Shops may be located on the ground floor.

A program that makes applications to run on a platform.

When an item or skill can be learned or copied and can be reused elsewhere.

A program that searches files in FTP over the internet. Every download is tracked.

Creating theories with little data about the econimic issue at hand.

1. payment terms on an invoice that require repayment on a different date than the creation of said invoice. 2. the date when an aggreement becomes official. 3. date when data is

1. to be connected to another party or business. 2. when molecules are held together by a common bond.

An option whose price is the same as its forward price.

A product that has products added to it to make more than one stream for revenue. Refer to agile product.

Coverage for a vehicle that is used on public roads. Trailers are also covered.

When an loan based on cash surrender value is taken out to cover life insurance premuims. It prevents loss and past due status.

When the data from a previous time period affect the next one.

1. A party given access to make security, financial, and operations decisions. 2. the hourly rate an employee is paid. Farmers do not pay this way. This becomes the benchmark pay per

When a buy order is lower and the sell order is higher than the current market value.

Cancelling a contract when it cannot be continued or is no longer profitable. The parties are released from their agreements.

A security that is payable on a further call. The UK calls this a partly paid security.

A measure of the number of years it takes for an investor to recover the initial CONVERSION PREMIUM paid when purchasing a CONVERTIBLE BOND, after accounting for the fact that the investor

A document about final wishes of an individual. It is drawn up in case the person becomes unable to make their own decisions. AKA living will.