Category: Finance Dictionary

In 1938 US academic Frederick Macaulay defined this tool. A fixed-income financial instrument’s approximate measure of its price volatility and interest rate-sensitivity. An interest bearing bond is an instrument example. Calculated as

National or state-level economic factors. These influence the whole aggregated economy. Changes in employment levels, gross national product (GNP), and prices, be it deflation or inflation, are typical influences.

Listed physical mailing addresses. Names, phone numbers, household income levels, and geographical location are typical data elements on the list. Used to send advertisements and relevant information to listed individuals. A company

Trading in options and futures is based on an index such as this. 20 blue-chip stocks comprise such a US stockmarket index. 17 of these blue-chip are also in the Dow Jones

An insufficient, poor, sub-nutritional diet or an excessive, rich but unbalanced diet tied to a lack of calories and/or essential minerals, proteins, vitamins, manifests as a diseased state of kwashiorkor, marasmus, oedema,

Resources consumed per unit of output as measured relates actual performance and results achieved to desired, targeted objectives. Also refer to management ratios.

1. The way one acts attempting to attain selfish ends by disregarding another’s aspirations or well being to control or play upon that one’s hopes or fears. 2. To use a model

Management information system type targeting any production becoming computerized. Managers need to plan and direct operations within the company and use modern management information systems designed to collect and present the necessary

Cost determination method for obtaining just one more dollar of capital. When considering how to raise additional funds, some methods are more costly than others.

Economic concept that marginal productivity determines labor demand and labor’s marginal product value determines the wage rates. Also known as marginal productivity theory of income distribution.

Output’s market value after adding a single input unit. Multiply the marginal product by the added output unit’s selling price. Also known as marginal revenue product.

In a given market, as a percentage of a saturation level, a count of active retail and/or wholesale outlets selling a specific firm’s brands. Following a concentrated marketing, a differentiated marketing, or

1. In an open and competitive market, a buyer willingly pays and a seller willingly takes this highest estimated, and acceptable, price for an item . 2. In Accounting, this is the

Describing, and wrapping or encapsulating data and its attributes using a specialized computer language. A markup language embeds processing instructions, called tags, in electronic documents. This is done to accurately style and

One legal document that consolidates separate but related agreements between the same signing parties. Also known as master contract.

A trust company manages several trust properties as a single trust property acting as a trustee for a group of associated trustors or firms under this type of custody arrangement.

A taxpayer is identified as a material participant in a business by this specific type of criteria. Income received by the taxpayer from that business will be identified as active or passive

One that is functioning without change or innovation or has no growth.

Environment’s toxic substance concentrations range starting at ‘no observable adverse effect level’ and limiting at the ‘lowest observable adverse effect level’.

Cubic feet symbol for one thousand, not 1 million). It equals 28.32 cubic meters.