RISK LIMIT
The amount of risk a person from a firm or bank is allowed to expose his employer to.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
The amount of risk a person from a firm or bank is allowed to expose his employer to.
Liablity insurance held by the policy holders.All policy holders will be in the same business and exposed to the same level of risks.
A key encryption used in PGP or pretty good privacy situations and secure electronic commerce, SEC and is part of ISO and ANSI standards of encryption.
1. General. The dismantling of current policies and methods to make way for a new or altered approach.2. GATT.The r emoving of all restrictions to trade that are no longer consistent with
The main directory where all other directories originate.
A software or hardware device capable of directing traffic of data between networks. See also hub, gateway, bridge.
Where a number of the banks customers all withdraw their money fearing that the institution may become insolvent shortly.
A curve showing growth of a variable in terms of a different variable that is expressed as time units.
A lease that is taken out by the previous owner on a property he has just sold. Usually a longterm lease.
The cost of recovering an asset through a salvage operation.
A market with little or no chance of further sales as all prospective customers have the product or a substitute that will do the same job.
A pice of hardware that can be stand alone or attached to a computer to copy documents. It converts the text or image to a digital file.
The testing of a hypothesis or theory that is objective and in a controlled environment.
A percentage of failed materials that cannot be restored or repaired and is discarded.
A discount put on goods that are out of season that may get people to pourchase them now when they are discounted. Snow equipment for sale in summer is an example.
The stock that receives its portion of the dividend after the senior or preferred stock. Often command a higher dividend as they carry more risk.
Secondary disaster. An event that occurs after the occurence of an earlier event. An example would be the smoke caused by a fire.
Standards of communicationthat are used to ensure a secure transfer of data communication. Mastercard and Visa have developed the Secure Electronic Transaction protocol.
How well a department is performing when compared to thw whole operations of a company.
1. Banking. A cheque that is issued to one’s self or a cheque presented to the bank it was drawn.2. Alternative for a self test