RESTRICTED ACCOUNT
An account where the asset or margin has fallen lower than its minimum requirements. See Margin; Remargining
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
An account where the asset or margin has fallen lower than its minimum requirements. See Margin; Remargining
An implied or constructive trust that is created by the trustorthat is not lawful.
A strategy of managing riskswhere the person making the decisionassumes part or all of the risk.
The alteration of computer graphics, photograph or an art work to restore it to its original form or to enhance features or to remove blemishes or unwanted material.
A benefit equal to the amount of premiums paid, minus claim amounts, will be paid during a set period of time if claims don’t exceed a set percentage of premiums paid.
The way an item can be used repeatedly compared to a one use item.
Ratio of current employees to sales. Total earnings is divided by number of employees.
A method used by companies to return defective goods back to the producer or manufacturer.
An edition carrying an updated text from an earlier edition.
1. The correction of a failed, defective or a non-conforming item. 2. The actaul cost of the correction of defective work.
The legal right given to the last tenant who is still living after a joint tenant has died. They retain absolute ownership of the property.
An interest rate that is risk free with a risk premium that is appropriate to the risk level.
The application of methods of engineering to the management of risks.
A risk that is so great that business will not be able to be carried on after it. The loss will exceed profit and the worth of the business.
The direct relationship that existes between risk and reward. Also called risk/return tradeoff.
A machine that is controlled remotely or has been programmed to do certain tasks.
The way in which a budget is set at the start of an accounting period is able to be amended reflecting any variances that arise.
1. An element or component that can be repeatedly restored to a working and serviceable condition. 2. A way of servicing equipment where a failed piece is replaced by a piece that
Usually a small scale activity to keep a piece of machinery or equipment in good working order.
A chart used for quality control to determine if the long run average of a process is changing. A run diagram or tier chart.