Category: Finance

Take or pay contract for the conversion, processing or transporting of finished products or raw material.

1. Accounting. Figure of revenue shown on an income statement. 2. Budgeting. Largest sum of money that can be expected to be allocated for a program or department.

Method used to ensure each machine used in production is always at peak performance level so output is not disrupted.

A house in a development that is similar to other houses in the area.

Small pause in trading a certain security for a reason such as anew announcement.

Attractions or promotional campaign that is aimed at increasing shopper numbers passing through a mall or store in business hours.

Leadership style based on clear setting of objectives and goals and use of rewards and punishment to encourage goal compliance.

Free trade zone where port of entry is the distribution center and storage center for a country that is landlocked or has no cargo handling facilitates.

Ability of an item to be moved around by self-propulsion, towing etc.

Factor affecting insurance rates allowing for cost increases.

Publication size after edges are trimmed.

Used in UK applying to an auditor making a decision on a firms accounting practices.

Legislation in some countries like the Home Mortgage Disclosure Act 1968, Consumer Credit Protection Act 1969 in USA. The lender must make clear all conditions and details of a loan.

Standard unit to describe carrying capacity of a cargo ship or the terminal’s handling capacity.

Probability in trusting hypothesis that a test sample supports a correctly stated value when nit is really misstated. Beta error or risk.

Relative darkness of font characters from thickness of strokes, light, bold, extrabold, etc.