Category: Finance

A right/ advantage given out to the present stock holders, allowing them to gain the first option in case a house or property is being sold. It can also mean a right

A group of different personnel who are ready to provide treatment to members of the group for a preset fee. It is usually another option as compared to a HMO network, which

The excess amount paid on the shares that are outstanding of the preferred stock, held by a company.

All of the countries that reside on the corner of the Pacific Ocean are known as countries along the ‘Pacific Rim’. It is an area that includes several countries such as North

Pages per minute, or PPM, is a rate at which a printer can print out standard A4 sized pages in a minute. The rate is provided usually on the printer’s specification, and

A common technique that is used to store or transport goods that have been placed upon a pallet, and then ship it as a unit load. It is easy because it allows

The value of a share of common stock, and what it’s worth on the trading market.

i) It is the right held by the court to take a reasonable decision on the part of a person who is unable to make one for himself. Usually, such people suffer

A unique code given to any part that can be used to identify that ‘part’ without referring to any manual or list. The manufacturing date of the item, model number, etc. might

Passivation is a process in which any substnace is rendered inert, or inactive through a chemical reaction. No more reactions can take place with a passivated substance.

Anything that has not been resolved until its due date.

An exemption sets the doctor free from any doctor patient privileges, so that he cannot be sued by his patients for negligence or malpractice.

Used in place of a standard check, this is an instrument of payment that is given to the payee, allowing him to gain more control over the disbursement process of his financies.

A deposit, usually 20% of the actual amount, which must be given by the winning bidder, taken as a surety that he will pay all sums on time and in full that

The highest earnings, demands or point that can be reached during a given period of time.

An accepted measure of calculating the hardness of any pencil lead. The method is not an official standard. Ranges from 6B to HB in the middle.

The opinion of a consumer depicting the overall value of the product for themselves. It might not be connected in anyway to the actual value of the product.

Complete elimination of the risk involved in any associated investment.

By placing FIFO as the primary method, the period FIFA is situated upon the usage of the actual costs, which are associated with the inventory first, and then allocating the current costs

A form of disability from which there is no disability. A permanent disability occurs when the insured has been disabled for over six months.