Category: Q

The term quiet here does not mean that there is no noise. Here it means that there is no outside interference with an activity. An activity is enjoyed without the interference of

A test that is used to determine if an item passes a test that it is required in order for it tom be able to be used. It is a systematic examination

A real estate strategy that is used to limit a capital gain or loss on a sale and therefore limit the taxes paid on any capital gain. The property is relinquished to

The number of shares that a member of the board needs to own to qualify to be on the board of directors of a company. If not enough shares are owned the

Originating in Japan and called quality control circles. It is a small number of people between 6 and 12 that look after a certain aspect of quality control in the manufacture of

The design of a product must include quality control. A quality design will produce a quality product and all aspects of the design must still enable the finished product to work as

The analysis of any measurable data. This data is verifiable and measurable. Data such as wages, earnings, market shares and other items.

A report or document that is released or repeated 4 times a year. It is done every 3 months. The documents or reports are produced evenly over the period of one year

A position in UK courts that can be bestowed on a barrister with at least 10 years experience who is then recommended for the position. The Lord Chancellor will offer the recommendation.

Again the term does not mean with no noise. It means with no interference from another party. Each sale carries the implication that it can be owned without any interference.

1. Different to a general acceptance. The details of a bill of exchange is altered and can be treated as a non-acceptance of the terms of the bill. 2. If an acceptance

These are the expenses incurred by an individual when he/she attends a college or place offering higher education. A 529 fund for college can only be used for these qualified higher expenses

This is a trust fund in which any interest is paid to a surviving spouse after the death of the other spouse.

A part of the quality assurance control that is used in the manufacture of a product. Each aspect of production is subject to its own quality control.

See also core earnings. The term that is used to differentiate between how a company earns its money. Money can come from investments and financing or from the primary operations that the

Data that is able to be measured and verified. Quantatative data can be defined. Qualitative data is described.

A report on company practices or finances that is released at quarterly intervals. The report is usually made available to stock holders and interested parties.

The request fro information from a data base. It is in the form of a question and it can be asked about any subject that is contained in the specific database.

Frank Galton invented this in the 1890’s in the UK. A tool that is used to represent and to create a frequency distribution. It has boards and pegs through which they pass

A term used by auditors about accounts which have been audited and the auditor has doubts or disagrees with certain aspects of the accounts. The doubts will be considered to be of