Category: Finance

A loan with a good record of repayment that has been on the books of the lender for more than one year.

Ranked after the first term of importance. It is second behind the first.

An obligation that arises from the primary obligation of a transaction or contract.

A negotiable or non-negotiable investment or financing instrument that can be sold and bought on the finnacial market. Bonds, stocks, debentures notes and options are included.

1. A consumers choice to select a service or product. 2. The products that a company will offer to its customers.

The ability to do what has to be done without any outside influence from situations or people.

Too much self interest will diminish the benefits of a large group. The focus on activities and actions that are for the benefit of the individual.

A debt that has a prior claim on an issuers assets and income than junior or lesser bonds have.

A list of transactions in an order alphabetically are measured in order to see if the income minus the expenses is equal to total profit.

1. Hardware.The most powerful and stringest computer in anetwork housing software for servers and stores and manages data and sends to private work stations. Named after a primary function. 2. Software. Computer

European phrase where the service charges have not been added to the bill.

A statement that is given to the borrowers at closing of a mortgage. It sets out all fees and costs associated with purchasing a home.

Harrassment in the workplace or discrimination where unwelcome and unwanted advances are made to a person by one or more other employees. The comments are of a personal nature and often sexual

A behaviour that is barely less than fraud. It can be a cunningness, misrepresentation or a trick.

A B/L certifying that the goods have been received in good order and in a good condition from the shipper and have been put aboard the right vessel on the right date.

The quantity of equipment that is greater than the quantity needed to carry on safely. For example the number of radios on a plane.

A merger with a subsidairy firm that can occur without the approval of shareholders.

A policy for disability issued toan individual or group which covers any short time period between 13 and 26 weeks. See, Short Term Disability After a Car Accident: FAQ.

An approximate contract price that is developed by the customer’s engineering, accounting, procurement and costing staff.

The number a days an emplyee has each year when he can stay off work and still be paid when he is too ill to go to work.