WORKING STOCK
Part of inventory available for normal demand in a given period.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Part of inventory available for normal demand in a given period.
Judgment of a customer on satisfaction derived by purchasing an item.
Account used by a company handling very large endorsements.
Formal document for procuring goods and services that meet criteria of an obligation incurred but has not yet been filled.
Rating system used to determine amounts for premiums.
1. Crafts like crane driving, welding that is covered by a international or national union. 2. Employees represented by the trade union. 3. Jobs a trade union claims can be filled by
1. Contracting. Pre-determined price for work to be done. 2. Retailing. Price of one item sold.
Banking combining aspects of commercial banking and investment banking.
Statistical pattern of distribution where measurements are not clustered near the median.
Reserve kept so claims not yet submitted can be paid. Amount is based by estimation.
Liability or asset that has to be on financial statements but doesn’t meet any requirements of reporting.
Promise of repayment of debt to a subsidiary by the parent company.
Alternate term for deferred payment L/C.
Committee monitoring Medicare.
Network that has had value added in client/server co putting based on protocols of internet use.
Value or credit is given to bank to bank funds transfers.
Commercial form for businesses that have differing amounts of inventory or value during the year. Insurance is adjusted accordingly.
Process of cleaning metal using condensing solvent vapors.
Economic strength measurement estimating the times a single dollar will change hands over a period of time.
Technique used to find relationship of items in a financial statement by expressing all amounts as a percent of the total. See horizontal analysis.