Category: Finance Dictionary

Court order mandating a mandatary entity to perform or cease a specific act.

Using a large number of claims, collecting data on average claims helps derive this type of insurance rates. Based on information available on certain groups, these rates are then customized.

A loan usable for varied purposes. Typically, it is offered by a broker for purchasing securities in a margin account to an investor and secured by the investor’s collateral.

By actually consuming or producing a good, a household or business enjoys a marginal benefit.

Payable income tax amount adjustment by a firm whose taxable income slightly exceeds the upper limit of a tax bracket, or band. This adjustment is usually only available to small firms and

Continued or increased production and availability warranted by this state of satisfying a sufficiently large customer base with a good or service.

At the end of a trading day, as late as possible, is when to execute this type of market order.

Owned and operated by the Dow Jones, this is a financial website that reports important information relevant to investors, such as up-to-date information on stock market statistics and corporate news. Launched in

National press, radio, and television, utilized as mass media method of delivery of messages to general public.

Collective leveraging of a number of existing limited partnerships into a financing arrangement that brings together one or more properties or projects into a more marketable entity. Real estate development, oil and

A sales contract’s essential terms. A description of the item sold, the price, the quantity, and the delivery date are essential components of the material contact terms.

Employees with dual responsibilities and dual bosses have multiple command-and-control structures. These employees have one boss, as project manager, for example, for day-to-day operations. They have another boss, a departmental head, for

90day treasury bills to 20year corporate bonds as examples of various assets in an investment portfolio having wide ranges of maturity periods as a varied maturity mix.

The loss a firm would incur by not diversifying.

The maintainability of repairable items quantified as a basic measure. The time required to repair a failed component or device is tallied, then averaged to arrive at MTTR.

Conducted by a doctor acting as the insured’s agent, a prospective insured receives this type of physical evaluation.

Under the older early 19th century subjective theory of contract, mutual accord between the parties to a contract requires manifestation. Only evidence of expressed or implied consent is needed to meet the

Payment in full of all owed sums for the mortgage on an asset or property has been discharged as satisfied by the lender’s written statement.

Elemental heavy metal. Is a liquid at normal temperature. It is also a systemic poison focused on brain, bowels, kidneys, then other body organs. Its maximum allowable concentration is 0.05 parts per

Mail that uses printed or stamped images from a postage meter rather than individual stamps for postage. Used by organizations that mail large quantities. Metered mail is more efficient handling for high-volume