Category: N

By purchasing an importer’s or buyer’s draft as a negotiable instrument, the beneficiary’s bank agrees to pay the beneficiary. Part of documentary credit. Also known as accrediting party.

Policy face value minus accumulated policy reserve as an amount.

Payments accounting balance showing statistical discrepancies. Data collection inaccuracies, such as adding an extra zero in a column that tallies payments due against payments collected.

Calculated as: (Investment Returns minus Interest Expenses) divided by Average Earning Assets Liabilities.

Calculated as: inpatient and outpatient revenue services minus expenses. A term in healthcare administration.

1. Asset’s selling price minus sale transaction expenses minus expenses for bringing the asset to a saleable state. In the ‘lower of cost or market value’ rule applied to inventory valuation, this

All current liabilities totaled subtracted from all current assets totaled.

As a part of an operating system (OS), this is a specific program set that provides security to computers connected to a network, directory services, and file and print services.

Adherents to a macroeconomic theoretical model developed in the 1980s. This model evolved from a prior model espoused by British economist John Maynard Keynes. Prices and wages change more slowly with short-term

Moving from a strictly agriculture-based economy to a more industry-based, urbanized population with a developed economic infrastructure is how this type of country transitions.

An audience’s viewing depicted in this specific published survey. Media outlets base their marketing to advertising clients based on these ratings. The ratings express the viewing audience size and scope as viewers

The accused will not contest the facts on which the charge is based as a criminal case plea. It is not an admission of guilt. It is generally aimed at preventing lawsuits

In general, an entity that fails to be where intended, when intended, without notification. 1. Person that misses a meeting he was supposed to, or who buys a ticket to a public

The real interest rate with the addition of inflation.

A loan no longer receiving regular payments.

A borrowed or rented car, driven by the renter who has this specific type of policy written.

Major US over-the-counter (OTC) electronic stockmarket owned by National Association of Securities Dealers (NASD). This market now includes American Stock Exchange (AMEX) and Philadelphia Stock Exchange (PHLX), and operates London-based NASDAQ International

An international trade advocacy organization for companies to educate their members especially regarding legislative and regulatory issues. A large lobbyist group in the nation’s capitol. Members include freight forwarders, customs brokers, and

Founded in 1885 as the Cincinnati Stock Exchange, a regional stock exchange. In 1980 this exchange closed its trading floor to become the first all-electronic stock exchange. It subsequently moved its operations

Number logarithm with base e, approximately 2.7183. It measures the time needed to reach a certain growth level.