Category: Finance

First compiled in 1969, this statistic is used by journalists and academic to measure aid and as an indication of the floor of international aid. The Development assistance Committee compiles the data

1. A country that is not one’s own. 2. Not located on land, but out in the sea

Products such as drill pipe and pipe casings that are utilized in the petroleum industry

Something that has been left out or not included (either deliberately or through neglect).

A location that provides just about everything a customer needs. This applies to various processes, like borrowing of funds, the obtainment of information or access to public services.

Photos, music or videos that are available on the internet for free or at a cost. These may or may not be copyrighted.

1. Bids that are not sealed. 2. A bid in response to an open bid request during a bidding contest.

A question that does not suggest any particular answers to the respondent. Open questions usually ask how, what, when, where or why, and require the respondent to answer in their own words.

Cargo insurance that provides compensation for damage to or loss of goods that were carried in a specified vessel or by a specified company, within a specific period. According to the policy,

A transaction that has not been completed by the end of a particular accounting period.

Measures how much revenue remains after operating costs are deducted, so companies can develop appropriate pricing strategies for their products and services.

Income generated with the intention of purchasing assets that will ultimately yield a higher rate of return.

The largest quantity of instruction a trainee or student can digest, without experiencing some loss of motivation or instructional uptake.

The deliverer of option rights to an optionee.

1. Bankruptcy: Court order that frees the bankrupt from legal obligations to pay off current debts. 2. Contracting: Court order that ends a contractual obligation between two or more parties.

Losses caused by day-to-day business operations.

The adoption of large-scale changes to organizational policies, processes, structures or strategies.

The sum of all knowledge within an organization, pooled between all of its members.

1. Company that manufactures or produces complete end products or subassemblies used within end products. 2. Computers: A custom manufacturer who puts together and sells whole computer systems, rather than simply producing

This income is obtained by transactions outside of day-to-day business operations.