Category: Finance

The hard protective casing acting as a shell surrounding micro-organisms enabling them to survive extreme conditions. Hard to destroy disease producing spores include tetanus, anthrax, botulism.

A term from the stock market for an investor who buys shares that have been just issued and then sells them as soon as they hit the market.

A work order containing all of the relevant information that is required for completion.

A food that is consumed on a regular basis and provides most of a community’s calorie needs.

Calculation of the weekly average wage that is regularly updated to establish benefits of compensation.

1. The interpretation of a statute by the court.2. Principles developed for legislation interpretation by courts.

A function of Mathematics where a variable will remain constant within an interval but not outside or between intervals.

The ability to retain, visitors, employs, participants and customers.

The exposure to loss that arises from running out of one or more items of inventory.

Mode of communication where the transmission is asynchronous. Data is held at the sender’s end until the recipient is ready to receive it.

Method of compensating a sales person where only a salary is paid with no commissions on sales.

Factors that affect the organization’s external environment and its strategic objectives.

Achieved by the sale of standard packages of securities comprising common and preferred stock, convertible bonds with debt in fixed proportions. Also known as strips and can’t be confused with STRIPS.

The format for written communication followed by all departments of an organization.

An error that is systemic and caused by the bias or prejudice of an individual.

Contract describing benefits available to a person registered under a plan for health care.

The underlying or primary material on what other materials are applied or made from.

Life insurance provision where the policy will not pay for suicide within 2 years of the start date.

Money spent and lost permanently.

Situation where leaders gradually and deliberately turn over power, authority and responsibilities to a team that is self-managed.