Category: Finance

A ‘plug’ is used to create continuity in a financial statement. Usually handy in case of a discrepancy.

A network interface which is used to give off the network service to the user. Equipment on one side is in possession of the POP, while on the other side is the

A theory which states that politicians have the ability to modify an economy for their personal benefits, generally during the period of elections.

A chemical reaction which occurs when two or more chemicals are conjoined together in order to create a larger sized chemical.

A process by which local projects are funded through the government’s funds, in order to attract more investment in a certain representative/ populist’s area/ district.

The common cement which is currently used in the manufacture buildings, etc. It is made from pulverized iron oxide, magnesia, alumina, as well as silica, all of which are burnt at very

A contrast of the realized income that was brought in by a project as well as the income which was projected during project appraisal.

A potential market is one in which the individuals exhibit a liking, or preference towards a certain product.

Preparatory advice that is given about a credit letter, usually given to the issuing bank from the advising bank, when time is of the essence. It is also referred to as the

A pricing method of selling certain goods at a lower price than is required, or to give away goods for free, generally done so as to eliminate any competition from the market.

Any debt which is discharged before any other debt is paid off.

A discount given to any policy holder if they decide to pay all of their premium for the year in advance.

Packing is a term that denotes the preparation of a product/ item for shipping or transportation purposes. Various methods might be used for packing, such as proper packaging, cushioning, water proofing, marking,

Paint is a solution which consists of a binder, a mineral solvent (usually water) as well as colored pigment, which is applied to various surfaces. It sticks to the surface, and ca

Any legal document that has monetary value, such as postal orders, checks, cash, as well as promissory notes and any other bills of exchange. Usually, paper money can be easily liquidated.

Any interface that allows the transfer of data between two devices, without having any impact upon the performance of either. Commonly, computer printers make use of parallel interfaces. Several parallel wires are

Maintaining equality between two entities.

Any entity/ party that has a favorable interest in another entity, for instance, employers, fiduciaries or unions.

Measures taken to limit the impact of anything that might have been taken. These are usually taken so as to reduce the effect of any event that happened.