Category: Finance Dictionary

A proof that a firm is following provisions for local tax regimen.

Any incident that occurs at work covered by workers compenstation laws.

A paper coated in clay that creates more lifelike color and detail.

The value on the market for a mutual fund or unit trust.

A housing unit that shares a wall with another unit. It is commonly a multifamily dwelling or consists of multiple units.

The plan the audited party has for answering questions that may be asked in the auditing process.

When orders are given with threats. This is done to cement the power status of the parties involved. It must be maintained.

When a bill is paid directly from an account through an electronic transfer. This must be authorized. The vendor must submit a request. It can be stopped at any time.

An investment that interest rates and profit in the economic climate. If it succeeds the economy did not necessarily get better. Refer to induced investment.

How well a mutual fund performs. The dividends, gains, and value changes over the year.

The unit of goods sold by weight. Precious metals are not considered. A pound is considered 16 ounces. Metals are sold in troy ounces which is different.

When real world problems are put to an employee to test their learning achievements.

Being legally able to complete a requirement.

Allowing another party to enter an agreement. Or acknowledging the truth of a statement of evidence.

A negative effect caused by environmental factors. This occurs when the body reacts unfavorably to a sudden change.

The document that identifies loss of a security. It can be stolen or simply destroyed. The details of the loss are on the document and once made a replacement can be requested.

A bond not fully backed by the US government.

In the United States, NOTES or BONDS issued by governmentsponsored or governmentguaranteed institutions (e.g., FEDERAL NATIONAL MORTGAGE ASSOCIATION, GOVERNMENT NATIONAL MORTGAGE ASSOCIATION, FEDERAL HOME LOAN MORTGAGE CORPORATION). The securities carry explicit or

Ecommerce model that takes information from several similar websites. This helps design a site that will attract customers. Refer to affiliate model.

Any cargo on an aircraft that requires minor assembling.