Category: Finance

1. A plant or facility whose performance, size or user numbers can be increased due to demand without penalties to cost and functionality. 2. A system that is designed to handle different

A Plan permitting adding or subtracting credits from commercial risk that is based on acertain features.

A way that has been devised to write down very small numbers and very large numbers.

Trading where no no certifcate is issued. It uses only book entires that represent the security holding.

Observations of data and time that have been to adjusted to rule out seasonal changes and variations.

In contrast to the first world of industrialised ecomnomies it indicates the former Soviet Union and East European industrial countries.

The needs that remain after primary needs such as food and water have been satisfied. They include leisure activities and entertainment.

The lender or seller who is holding the security interest or lien that is against an asset that has been pledged. Secured parties are paid first before the unsecured ones.

Anacronym for the 6 steps in marketing research: 1. Situation analysis,2. explicit statement of objectives 3. laying down of research startegy and method of data collection 4. Evaluation of data 5. creation

A postcard like peice of mail that does not require placement in an envelope to post.

The amount the insured must pay in a liability insurance policy before the insurance comapny will pay. This is paid directly by the insured to the claimant.

A formal presentation by experts where the attendees are encouraged to ask questions and discuss the matter to hand.

The dependence a subdivision or subunit has on materials, resources, information and products that are generated by those that precede them.

A small program written for a computer in Java language that runs on a server and not on the browser like an applet.

A mark of identification or a brand that is associated with a service the way a trademark is associated with goods.

A written statement showing setlement of an account between the parties concerned.

The degree of sterness, harshness or austerity.

A specialist monitoring the financial markets for an early sighns of a hostile tak over attempt.

A contract for sale where the seller takes the risk of loss until the goods arrive at its destination. See destination contract.

The inventory that is on aship to meet all of its requirements on a daily basis. It includes water, food, safety and medical supplies and spare parts for example. See bunkering.