Category: Finance Dictionary

A system for gathering and arranging ideas, information, or data in a collaboration group environment. A manual metaplan strategy usually begins with collecting the data on cards, then using shared criteria to

For the purposes of census data and other urban population calculations the United States Office of Management and Budget determines these specific types of geographical divisions. Primarily based on urban areas, the

Molecular level machines and structures fabrication. Microengineered pumps and motors potentially can mimic the processes found in living organisms and are barely visible to the naked eye. Also known as nanotechnology.

A specific type of business model generates these specific types of extremely low-valued profits. Revenues can come from a high transaction frequency of low-value transactions in these business models. Profits that are

In General, half of the distribution is above the mean and half is below at this point on a continuum.

Equates to one dollar of assessed property value. Property values that are paid per dollar of the assessed value of that property. A tax figure used in assessing real estate.

After a claims made policy has expired, a 60-day extension that was added to a policy’s reporting time frame becomes this automatic extension allowing the insured to make claims until extension expiration.

Sampling process requires this specific count as the smallest verification entities sample size. Sample characteristics are usually based on batch, lot, population, or universe. This is to ensure that any variation is

Compilation of meeting minutes retained in a binder or bound book for permanency. These are the detailed record of discussion and decisions at a firm’s official meetings. Typically this book is accessible

A legal obligation does not occur because a fact that exists or that does not exist is forgotten, or ignored. If a mistake of fact occurs in court proceedings, the erring court

A temporary office with limited purpose. Typically part of moveable, temporary buildings. Establishes a business environment outside of the physical confines of the office space. Also describes an office purely virtual by

BOM including available options and their variations for each listed material item.

That which relates to money. The mechanisms supplying it, circulating it, and running an economy. Contrast to that which relates to public revenues like taxation and public spending, debt, and finance, These

A single molecule used in a material or substance. It gets combined with other monomers to become a polymer.

All actions are moral and ethical if they do not coerce and do not interfere with others’ rights is this specific ethical concept.

Expected mortality minus actual mortality experienced is this specific number.

To repay the balance on a mortgage loan in case the mortgagor dies before payoff, one buys this type of decreasing-term life insurance policy.

Refer to maintenance, repair, operations items.

Marketing products by various methods and schemes while also selling the products through various distribution channels that support the other channels selling this same product. Typically the marketer reinforces the other channels

A coupon given based on the performance on multiple indexes.