Category: Finance

An approach adopted by the Japanese in order to make their manufacturing processes free of any manufacturing defaults, and to provide exceptional customer service. Visual signals are employed in order to determine

A type of plastic with a glossy finish. It is resistant to cracks, and is used primarily for creating beverage bottles.

A new browser window that pops up when the user clicks on a new link. Generally an attempt at spam. Can be easily closed.

A once reinsured portoflio which is being reinsured all over again.

A strategy in which encouragement, the incentive of a reward or challenge might be enough to convince a person to achieve his/ her goal.

The period of time for which a couple of different reactive chemicals can be used, after they have been mixed together.

Examination or measurement of any overhead, which has passed through the phase of manufacturing.

Materials that fail to reach their desired state of consumption.

An initiative taken by the government in order to bring about an increase in the capital investment. This is done generally in poorly developed areas.

A proper analysis and identification of the information/ assumptions which form the basis of any plan. It is used to check if any changes need to be made.

Costs that are charged before a firm actually opens for business, usually in the setting up and promotional activities.

Packaging might refer to: i) Various processes such as the cleansing, processing and packing of a certain item which is to be transported, or sold. It might also be used for promotional

Paid losses are the losses which are given out during a particular period of time.

The Pantone Matching System is a trademarked name, which provides specifications of more than a thousand different ink colors by their number. The PMS is useful for a number of different printing

An economic belief which states that if a person saves a significant portion of their income, they are going to get poorer, rather than becoming richer. The reason quoted is because the

A situation in which there are a number of small scale sellers, while the large sellers are lesser in number.

A legal, binding partnership that may occur where previously, no formal partnership agreement was in place. A person who exhibits such conduct, or says words which represent, or allow him to be

An investor in a firm or company who does not take direct part in the management.

A method of food preservation derived by Louis Pasteur, a French microbiologist. Usually, considerably high temperatures are given to the food in order to deavctivate several enzymes. The food needs to be

An accounting method of a pension fund which allows the employer to charge contributed amounts by an employee to the earnings of a firm, allowing in more accurate pension calculations.