Category: Finance

Essential piece of macroeconomics that accounts for the gap between the short run equilibrium level and full employment real production. A recessionary gap is associated with a business cycle contraction.

A requirement where a passenger must confirm at least 72 hours before the flight that they will be on the plane. Otherwise, the airline has the right to assign the seat.

The process of identifying and hiring the most qualified candidate either from within or outside of an company for a job vacancy in a most timely and cost effective way.

A redacted document is a document that has been modified, edited or revised and any confidential or sensitive information has been removed from it.

A data backup plan where a single hard disk is replaced by two or more smaller disks. Each of these disks has its own controller and works separately of others. Each one

This term refers to the influence over others that is acquired from being respected and well-liked by them.

Measure of the cooling power of a refrigerator expressed in BTUs per hour, or in tons where one ton refers to 12,000 BTUs or the energy required to melt 2000 pounds of

Benchmarks circulated by a regulatory agency that were created to enforce the provisions of a legislation.

A url that is RELATIVE only shows a partial address – like images/me.jpg – and the success or failure of finding the file is contingent on certain conditions being met – which

Marketing efforts to spur demand for a product that is experiencing declining demand by marketing it as though it were a new product. The success of a remarketing effort is dependent upon

The expense that is involved when an order is repeated. It may be an internal order for manufacturing or an external order for supplies.

1. Voluntary or forced surrender of goods to the owner due to the inability to pay for them. 2. Legal process where the lender takes back property or assests when the borrower

The capacity that is gteater than that needed to satisfy a peak demand.

A way to use the resources available in the most efficient manner possible.

An account where the asset or margin has fallen lower than its minimum requirements. See Margin; Remargining

The layoff of employees that is forced by the company’s economic position.

A ratio that measures a firm profitability.

1. The adjustment up of currency value in respect to another currency value or exchange rate. 2. The adjustment up of the book value of assets.

Also called competitive marketing. A proactive approach that can be intensive for procurement og items.

An arrangement in credit where the interest and credit limit is periodically renegotiated.