Category: Finance

A standard method used to calculate inventory costs, by making use of an average.

Bonuses, or extra incentives that are given to employees exclusive of their salaries. For instance, an employee gets a credit card and a car from the company, as a ‘perk’.

Any person who possesses his own permanent residence, and resides there is a permanent resident.

A wireless telephone system that is set with the help of affordable receivers, as well as lowly powered antennas. This is smaller than a city wide network, in which the rates are

An easily customizable training program, which has pretty easy modules that can be customized as per the requirements of the individual taking the program.

A chemical produced from either the cracking or any type of processing of petroleum oil, or natural gas/ methane. Examples include benzene, ethane, ethylene, etc.

An index used to estimate the growth in any business, which is usually determined by analyzing several surveys conducted by participants on a voluntary basis. It is also known as the Business

A method that is used in large scale water treatment plants. The physical process includes filtration and air stripping, while chemical cleaning includes coagulation, ozonization and the induction of chlorine.

Items that are sold as units with a set of specified dimensions. Examples of piece goods include sized bed sheets, carpets, table cloths, etc.

A memory chip or any other electronic part, which is placed inside a computer. Being ‘pin compatible’ means to have the similar number of pins so that the chip can be inserted

Simple, honest and directed language, used primarily in writing as well as in general speech.

A plan created of a certain building, area, streets, etc.

An increase on the balance sheet due to positive income.

An electronic device that comes in handy when retail payments have to be made. The POS Terminal can be charged throuhg the bank account, debit cards and other msart cards.

A channel through which pollutants within a building might be excreted out, such as waterways, etc.

A plastic that has a very smooth surface, and breaks easily when external force is applied on it.

Any website that acts as an opening to a certain topic of interest or industry. Portals generally include four services, email services, customized informational content for the user as well as links

An express statement which is generally written in order to give a clear outline of the goals that are to be achieved through a positioning strategy. The statement defines how a firm

The amount of chance of an occurring event, which generally changes with the happening of new events. The posterior probabilty is commonly applied in finance in order to predict the fall or

The lowest temperature at which any liquid will remain in its liquid form.