Category: Finance

A type of limited partnership that offers minimal threat to the participating partner in the field of the discovery, extraction and purification of oil and natural gases, as the most losses that

Appointed by governments to investigate complaints from citizens against large organizations (e.g. public bodies, corporations, the media). Typically, ombudsmen have wide-ranging investigative authority, but their punitive powers tend to be limited.

An adjective that describes something known to cause tumors, or to be directly linked to the appearance of tumors.

How a corporation is perceived by Internet users. This will often be determined in blogs, public forums and web articles. Reputation management services can influence online reputation by addressing negative comments and

1. Accounting: An account with an unpaid balance or one with a positive credit balance. 2. Commerce: The credit relationship that enables the buyer to pay on a deferred payment basis.

An agreement that does not restrict the quantity of products or services a consumer can purchase during the agreement period.

Type of insurance that provides compensation for property damage caused by any hazards not specifically excluded by the policy.

A bidding system that is not private. It is opened for all qualified bidders. Bids are then chosen openly, based on price and quality.

Legal owner of oil and gas rights, including revenues produced, but also responsible for operating costs.

The cost of using a resource to acquire one thing instead of another. As all resources can be used in multiple ways, using them in one way invariably involves some opportunity cost.

The solution that best utilizes available resources to achieve the company?s aims. No amount of tinkering will improve such a solution. Such solutions are difficult to ascertain statistically and are normally generated

The recipient of option rights from an optioner.

Once an order has been processed, the company acquires responsibility for maintaining and discharging the order.

Life insurance policy which the policy holder pays throughout his or her life.

Assessment of organizational hierarchy, policies and procedures, and management systems. The aim is to identify organizational inefficiencies, relative to rival organizations, usually within administrative functions.

Economic theory that deals with transactions within organizations, rather than between organizations. Focuses on decision-making, risk management, organizational structure, employee remuneration, etc.

The price a company paid to acquire an asset.

A record of a company?s debt obligations.

A publication of which no copies remain for sale or distribution.

A summary of the benefits and coverage (plus exclusions and premiums) of an insurance policy. This outline is not all-inclusive, and will only contain some of the information from the main policy