NOTICE OF LOCKOUT
When negotiations break down between the employer and the recognized trade union, this statement to the related government agencies filed by the employer acts as a notification to stop business activities and
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When negotiations break down between the employer and the recognized trade union, this statement to the related government agencies filed by the employer acts as a notification to stop business activities and
1. Usually refers to an idea or action that is considered to be unique and unusual. 2. A comprehensive fictional story that ties elements of literature such as dialogues, characters, etc, to
An old slang term to refer to diabled individuals or the elderly who depend on the insurance and other funds that are sanctioned by the government. Social Security is the current term
Property or items that experience a rapid fall in usefulness, value or competitiveness are characterized as being obsolete. It occurs due to the availability of cheaper and better alternatives or due to
Brokers who charge a higher rate of commision to combine odd lot orders and then filling them out as round orders.
An asset that is not yet recorded on the balance sheet, but that which has a good sign of growing in economic value in the near future.
The rate determined by the federal government that is calculated for money market investors.
The branch of a foreign bank which does not accept deposits from local residents, but accepts deposits from other foreign banks and OBU’s, in addition to making Eurocurrency loans. They have limited
1. An oil producing area such as the Gulf of Mexico 2. A colloquial term that refers to the oil industry
Also known as a Passed Dividend, a dividend that has not been declared as expected.
This is a one-time promotion that will never happen again, which must be recorded as such on the company’s ledger.
The purchase of products and services on the Internet. Online shopping has become increasingly popular, due to convenience (and often lower prices). Especially in the holiday season, online shopping saves an individual
The philosophy that a firm will succeed if all of the employees share finance and operations information. Four basic practises are necessary for this: 1. Employees must be appropriately trained. 2. Employees
A period of time in which individuals can openly choose an alternate insurance plan, without being re-assessed for insurability
1. A forward contract that has not been cashed in by an offsetting contract or through the delivery of the asset that is covered. 2. A situation in which a trader could
A credit system in which merchandise may be received based only on the promise of payment.
The time it takes a system to produce an output from the moment it is first requested by a user.
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.