Category: S

Codes used by banks around the world organized by SWIFT.

Mathematical disciplines used to reduce rules of formal logic to those of algebra. Called mathematical logic.

1. Forming a coherent whole from different elements. 2. Step in a dialectic process where affirmed concepts are countered with their opposites to yield the final concept. 3. Process of combining substances

The community, organization or groups agreement that sees the person with the appropriate skills assume the responsibility for the task.

A budget that comprises all of the department budgets for a period of accounting, project or program.

Technique in scheduling ads where 2 ads are run to see which is the more effective.

Strategy in trading by the buying simultaneously of a security and selling a related security against it. Called pairs trading.

One presented at a bank or to the consignee more than 21 days after the date of arrival of the shipment.

1. General. Written limit, definition or rule that is approved and monitored by an agency as the minimum benchmark acceptable. 2. GATT defection. “Technical specifications contained in a document that lays characteristics

Loan or equity capital that is used at the start up phase of a company.

A market approach aimed at keeping things the same and not trying for a larger market share and avoiding competitor confrontation.

Suspension in the progression of a law suit by a court order in situations where proceedings are frivolous or a plaintiff has been involved in misconduct.

Tax provision for inheritances allowing tax to be determined by market value at time of death and not at time of original purchase.

The chance effect of an injury caused by a substance with no threshold level and the probability is in proportion to the dose but the severity is independent of it.

The term for the clause that stops the losses of the insurer at a set point.

The directives from the shipper to the transporter about a items must be stowed in order to prevent loss or damage.

Co-operative agreement between companies who work together towards a common objective.

Being able to take care of yourself in an environment that can be dangerous.

Joblessness created by changes in demand not by lack of demand.

Reference to the IRS code permitting an investment company or a real estate investment trust , REIT,to avoid a double taxation .