TRADING PIT
Area located on the trading floor of an options and futures exchange. Contracts are sold and bought in a live cry out auction.
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Area located on the trading floor of an options and futures exchange. Contracts are sold and bought in a live cry out auction.
Ratio of a company’s price to earnings for the trailing 12 months, TTM.
1. Total cost entailed with moving an item from one place to another place. 2. Alternate term for transfer price.
Moving to an open economy from a controlled economy.
Thermal energy made by burning rubbish drives power plant turbines.
Average change pattern of time series data inane upward, level or downward direction.
Employer plan offering employees choice of provider types with varying coverage and cost.
Total cost annually of getting debt finance that is expressed as a percept of the total account of debt.
Technique in digital communications where data or signals are received in one format and are then converted to another format by embedding a protocol. Also known as encapsulation.
Method of inventory control where a first bin is filled and an order is made to replenish it.
Set of characters comprising a given typeface of a set point size; capitals, lower case, numbers, small caps and other symbols. See outline font, bitmap font, true type font.
A simplified 2 column account resembling the letter ‘T’ used to illustrate double entry bookkeeping. Has 3 elements, title, left hand columnar and a right hand column.
Method and industry standard used to store scanned and digital images in gay-scale, full color and black and white.
Calculated by deducting intangible assets, preferred costs of equity from the book value of a firm.
1. Contracting. Final cost that is agreed on. 2. Costing. Final cost of a service or product that needs to be achieved to generate desired sales revenue and income. See target costing.
The output that is aimed for from process or the results aimed for in admeasurement.
A notebook computer that has an LCD touch screen that can also be used with a stylus. It uses digital ink technology.
Method of quality control combining process control and control charts with process and product design in order to get a total design that is robust.
An instrument with associated costs that are depreciable.
A method of product costing where the final cost has been determined after analyzing the market and designing the product to meet demands. See target cost.