TRICKLE DOWN THEORY
View that is optimistic where benefits of fast economic growth will flow from high income earners down through income levels and employment and disparity of distribution of income will be solved automatically.
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View that is optimistic where benefits of fast economic growth will flow from high income earners down through income levels and employment and disparity of distribution of income will be solved automatically.
Region lying between the Tropic of Cancer, north of the Equator and the Tropic of Capricorn, south of the Equator.
Common telephone circuit connecting 2 switch systems, one at the exchange anode at the person calling.
Variant of cost plus pricing where a firm accounts for a fixed price and adds money paid to the suppliers to mark-up the service or goods.
Nickname that is popular and given to trade paper acceptances that has 2 signatures, the author and the endorser.
Height of a type character in points. A point is 1/12 inch.
Oil tanker with a dead weight tonnage, DWT, betweem250,000 and 500,000.
Balance of received discount over market price of purchased securities reaming to be written off against the expenses.
Degree of unreasonableness and unfairness of a contract or deal prompting a court to modify or nullify it.
Analyst rate of a security that reflects opinion that its will stay behind the market.
Underwriting syndicate where each member has dual liability. See divided account.
Computer code augmenting or extending capabilities of TCP/IP where socket software is provided.
Evaluation, engineering and development and research information associated with design, operation, production of machines and equipment, system or process.
Meeting conducted over telephones.
In a set order in regard to time.
Bill of exchange payable after a set number of days from delivery or presentment. Also known as period bill.
1. last step of employment where a worker is let go. 2. Customer cancellation of remaining work of a contract. See termination for default and termination for convenience.
Retailer and business in the UK, now online and founded in 1919 and is currently one of the world’s largest retailers.
Journal founded in Glasgow, Edinburgh and Aberdeen in 1897 by the societies of accountants and later adopted by the Institute of Chartered Accountants in Scotland in 1951.
Study of laws that govern the transformation of heat energy into and from other energy forms. There are 3 laws and a Zeros law of thermodynamics.