Category: Finance Dictionary

A digital code used to keep electronic payments secure from any third parties. The amount, time, and date are used for this.

The Customs agency system used to process imports and exports. It is faster and decreases time lost moving goods. It also increases security.

When a vehicle is covered from damage by many possible sources.

The firms profit available for stockholders. The factors in this are the costs, depreciation, taxes, dividend, and the earnings.

A hobby that a person likes to do when they are not working.

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

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