Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: Finance Dictionary

ANNULMENT

When an event or judgment is treated as if it never happened.

APEX FARE

It stands for advance purchase excursion fare. Its plane faire with a discount because it was bought 21 days before, the departures are less than 6 weeks apart, and there are no

APPROPRIATENESS

Acting appropriately or fitting the requirements that are asked of a party.

ARCHIPELAGO

1. A group of islands in the same body of water that are scattered far apart from eachother. They are part of a land mass near them. 2. An etrading firm from

ARMS INDEX

When adcance decline ratio and upside downside ratios are compared to get the markets strength. A moving average is used for 4 to 55 days depending on the time being analyzed. A

ATTITUDE

The choice to be positive or negative about a certain idea. It affects a persons action, responses, and rewards.

AUTOMATIC PROPORTIONAL REINSURANCE

Reinsurance that transfers risk. The losses and gains are split between the insurer and reinsurer. The reinsurer must pay a fee to transfer the commission.

AUTOSHIP

When a shipment is made regularly with an automated payment. It helps with commission.

AVERAGE LIFE

1. the time before a debt is to be paid. the figures are used to compare the best option. Refer to half life. AKA economic life.

AXONOMETRIC PROJECTION

1. a projection that shows an ojects three dimensions. The axes are oriented relative to the projected surface. 2. A 3d drawing of a building based on a floor plan. The lines

AVOIDANCE OF CONTRACT

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

ASSESSABLE SECURITY

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

ACCESSION RATE

The number of new employees hired during a period of time. It is expressed as a percent of the total employees.

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