OPPORTUNITY FUND
A non-profit fund to help people on low incomes. Provides assistance through education, affordable mortgages, micro-savings and micro-loans.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A non-profit fund to help people on low incomes. Provides assistance through education, affordable mortgages, micro-savings and micro-loans.
The process of identifying the most efficient or highest quality outcome, given current constraints, by maximizing positive factors and minimizing negative factors.
An instruction to buy shares at a set price or lower, or to sell shares at a set price or higher.
To increase or decrease some aspect of a process (e.g. output, efficiency, waste) by a multiple of 10.
Total payroll expenses for all employees of an insured business, excluding executives, contractors, officers of the company and departmental managers.
Flow chart, showing the hierarchical structure of an organization, including formal lines of communication and accountability.
The process by which organizations enhance their ability to understand and adapt to change. Involves wide-scale interpretation and integration of developing knowledge that leads to changes in organizational policy and practice.
A customer?s first order with a company, used by marketers to gain understanding of new customer behavior.
This condition is found in almost all insurance policies (except life insurance). It stipulates that, if multiple policies apply to a given risk, any associated losses will be paid from all relevant
Classification term that applies to items that do not meet given specifications.
An estimation of how long it will take a company to spend the revenue generated during an accounting period.
1. Retailing: A drug or medication that does not require a doctor’s prescription. 2. Securities: Unlisted US securities (usually unlisted because the issuer does not meet the exchange?s requirements).
Occurs when expenditure exceeds the budgeted amount.
To place demands on a piece of equipment or a system that are in excess of its capacity, typically resulting in damage to equipment or system collapse.
This is the arrangement under which a number of share holders can apply to purchase the portion of a rights issue that is not distributed.
A provision within insurances policies that allows a policy to be owned by someone other than the person insured.
Return on an investment given in current dollars, without taking into account the effects of compounding, discounting or inflation.
An activity whose removal will not affect a process as it usually generates a zero or negative return of investment on resources.
Also referred to as nonbank financial companies, these are financial companies that perform the traditional duties of a bank without the possession of legal banking classification.
A clause in a business sale transaction that denies access to the seller from conducting a similar business in the specified area for a certain period of time, usually three years.