Category: Finance Dictionary

Additional fees charged to the price of a good or service.

An order issued to a party to correct a wrong done or to stop a current harmful activity.

When more money is taken out of an account than it has in it. This account is linked to a country not an individual.

A term meaning that an activity requires oxygen to complete its work. Refer to anearobic.

Getting full rights at the age of 18. Refer to legal age.

Payments made between government agencies for services exchanged. They are not on the budget.

A condition that makes the accused more liable. The more severe punishment is given to cases with brutality. Refer to mitigating circumstance.

Any stock that falls due to negative news about a company.

A bond with no taxes that a region uses to expand an airport.

The amount taken out once in a period of time for insurance. Refer to rider.

The total price that has explicit, implied, paid, and incurred costs in it.

A party as a back up to a beneficiary. They will get any inheritance. Insurance uses it as well. It is more common in real estate or personal property.

Edward Altman’s way to file bankruptcy. It measures how well a party can pay debts and prevent insolvency.

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.