Category: S

A permanent advertisement that is printed on handy small items such as cups, calendars, bags that are given away to remind people of the products.

Slang term. The sum of money that is paid by the vendor’s salesman to the retailer’s salesman for motivation to push the goods of the vendor.

The term referring to the employer that sets up or continues a plan for the benefit of employees.

1. Cash outflow and cash inflow match in a set period of time. 2. Revenue from sales is equal with purchases. 3. Futures trading open position covered with a hedge.

A security that has had a feature altered and officially stamped to show it is an official change.

A governments obligations of expenditure not requiring a vote or any statutory provisions.

Carrier of insurance providing cover for homes, automobiles, individuals and businesses.

Body of written laws that have been adopted by the legislative body.

An alloy of iron that contains carbon as low as 0.03 % as in a steel ingot through to 2.5% in cast iron. Varying amounts of other elements such as manganese, chromium,

Overnight deposit rate average paid by largest London banks on any given day.

Ratio of sales to inventory as a percentage or in numbers of weeks or days. Includes safety stock, work in process, seasonal stock and pipeline stock.

Temporary or unplanned measures used to fix a problem that is unexpected.

A debt that cannot be changed into finance of a different form.

Organizational unit or autonomous division that is flexible and can exercise control over factors that effect long term performance.

In manufacturing it is a test performed to determine the load a system can take before its limit is reached or it breaks down.

A fixed number of payments will be required over a fixed time period.

Piece of land that is divided into smaller plots.

A lower than standard or customary norm but not fully unacceptable.

Legal principle where the reasonable and sincere attempt to carry out a contract is not successful.

Clause requiring the insured to make all attempts to protect any property that is salvageable.