Category: J

Direct marketing or direct mail that is unsolicited. For introducing new products, books and magazines, investment opportunities, merchandise catalogs. It is a very big business in industrialized countries, specifically the US, UK,

New York City-based financial services firm. One of the oldest firms of this type. Its credit card business serves the most individuals while providing varied consumer services.

With someone else paying, like taxpayers, taking an extravagant business and/or pleasure trip.

Debt-repayment security for one or more creditors when a court order places a claim on a debtor’s property situated within the court’s jurisdiction. Also refer to attachment.

Entity, as a firm, that is not a single natural person, as a human being, authorized by law with duties and rights, recognized as a legal authority having a distinct identity, a

Single-price for varying products as a retail display. Also known as a clearance table or bin.

Illegal strike in an organization over a particular group of employees in dispute about the right to represent a existing trade union.

The lender’s portfolio must hold these loans or sell them to private investors. Fannie Mae and Freddie Mac limit criteria is exceeded by this type of mortgage.

A person’s citizenship is by ‘blood’, that of the parents. This rule is followed in most countries of the world. Canada and US use Jus Solis (where born) instead.

The process used to describe asset price fluctuation.

A reason that is legally acceptable or sufficient. A request’s just cause is essential to get certain court action. Also known as good cause.

A way to asses risk by comparing potential risk against a portfolios possible returns.

When a child turns 21, the child’s insurance policy of this type automatically increases value without additional proof of insurability. Such a policy written on a child is typically in units of

To avoid a time gap and loss of retention, required knowledge and skills are learned for immediate application in this training scheme.

Constantly buying assets to boost profits.

This practice, only regulated in Canada, is for a company issuing stock options instead of being an operational business structure.

For quicker response to customer needs with no large finished goods or goods-in-process inventories, JIT inventory system is applied to production lines.