Category: N

Often a budget for a onetime project, such as the recruitment of staff on a temporary basis, or a special project, that is assigned to a department in a company as a

An investor’s bid to gaining possession of a debt issue whose price depends on the yield or average discount rate of all bids combined. A minimum price of $10,000 is the standard

A long term liability or financial obligation that has to be settled in a period that is longer than 12 months.

Products with a short life span due to a low service value or a one-time use characteristic.

A organization that has no affiliation to the government and performs voluntary operations in the field of education, wildlife,etc. They are usually funded by the UN or by benefactors. The donations are

A stock owner who gives authority to the brokerage through which he holds the stock, to diclose his details to the underlying company. The company is thus able to contact him regarding

A variation of unit sampling wherein the probability of picking some of the samples is zero, and identity of those that will be picked for sampling is unknown.

One time sales of assets, or insurance settlements that are unique in nature and unlikely to occur again during the normal course of operation for a business.

Interest owed to an individual investor, that does not constitute a trade.

A term collectively used to refer to developed countries, most of whom are located to the north of developing countries(also known as the south)

A policy that has been rejected or not claimed by the insured even though they are eligible for the policy claims.

Knowledge made available to the buyer that the title is subject to claims by parties other than the seller.

Radioactive, hazardous waste products that are produced at the end of the manufacturing cycle of nuclear processes. They are radioactive for hundreds of years and as such safe disposal involves burial deep

Also known as categorical variables or the variables in financial equations that are not dependent on the rate of inflation and other such factors.

A freight forwarder or shipment consolidator who does not have ownership of the vessel, but assumes responsibilities for the shipments and issuing its own bills of lading and airway bills.

Generic Goods that bear close resemblance to the goods produced by popular brands and establishments. And as such, they are considered to be of low quality and price due to market perception.

The discrepancy that causes the underinsurance of property in the event of a loss. This occurs when the same property is covered for the same danger by different policies, but differ in

An account that can be collected more than a year from the date of the balance sheet.

A financial instrument such as a bond or a stock that is not a part of the other equities held by the company.

A risk with a high probability of loss, or failure to accurate measure the risk actuarially. As such, the risk cannot be insured.