ORDER PARAMETER
A measure of changes following a phase transition. For instance, when a liquid becomes a gas, the order parameter would be density. Order parameters can be used to measure variables occurring as
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A measure of changes following a phase transition. For instance, when a liquid becomes a gas, the order parameter would be density. Order parameters can be used to measure variables occurring as
A record detailing an agent?s ordinary policies, held by the relevant agency or insurer.
Created in 1948 in Bogota, Colombia, to promote Latin American and Caribbean economic and social development, there are currently 34 member states. Cuba was one of the founding members, but its membership
This is largely undocumented experience, insight, knowledge and skill acquired over the years by individuals within an organization. Although it can be transferred to new employees through formal and informal mentoring and
The principal a borrower owes before making any payments on a mortgage.
Term used in auto insurance to cover a family member who is not the holder of the insurance.
Problem solving that is not confined by self-imposed limits or convention. Free and innovative thinking results in the creation of unique solutions and ideas.
A call option that is higher than the asset?s market price, or a put option that is lower than the asset?s market price.
1. UK: In the absence of a US-style OTC market, unlisted securities are traded through the London Stock Exchange’s (LSE) Alternative Investment Market. 2. US: The largest securities market in the US.
Exposure to hazardous environments or substances beyond safe limits.
1. Trading in a foreign market when the local market is closed. 2. The time between today?s check-in time and tomorrow?s check-out time in hotels.
The amount of goods in excess of immediate demand. Oversupply results in lowering of prices, reduced profits and increased costs from storing excess inventory.
The addition of oxygen or the removal of hydrogen during a chemical reaction. Opposite of REDUCTION.
The duty associated with imported goods that does not take into consideration the effect of inflation or other taxes. As such it is not a true reflection of the price at the
time and monetary costs that increase the total cost of an activity without enhancing the value of the goods or services in the eyes of the customer
Often a budget for a onetime project, such as the recruitment of staff on a temporary basis, or a special project, that is assigned to a department in a company as a
An investor’s bid to gaining possession of a debt issue whose price depends on the yield or average discount rate of all bids combined. A minimum price of $10,000 is the standard
A long term liability or financial obligation that has to be settled in a period that is longer than 12 months.
Products with a short life span due to a low service value or a one-time use characteristic.
A organization that has no affiliation to the government and performs voluntary operations in the field of education, wildlife,etc. They are usually funded by the UN or by benefactors. The donations are