UNEARNED REVENUE
Payment that is received before a service is provided or a good is sold.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Payment that is received before a service is provided or a good is sold.
US government backed debt obligation with a maturity of less than a year. Also known as Till.
Transport recommendations for dangerous goods. Class 1-explosives, Class 2- gases, Class-3 flammable liquids, Class 4-flammable solids, Class5-Infectious and toxic substances, Class 6-organic peroxides and oxidant substances, Class7-radioactive material, Class 8- Corrosive substances,
The process where a large item is broken into its smaller parts.
Person working in a job that they are over qualified for.
World’s largest not-for profit organisation for safety testing products with a global recognition and acceptance.
US government security that has a maturity date of 2, 3, 5 or 10 years.
Unused part of manufacturing costs that can’t be applied to earned income if level of production drops.
Examination that is detailed of a condition, circumstance, event or condition to gain understanding to assign credible probabilities to its outcome.
Situation of an unemployment rate that is higher than natural unemployment rate in Keynesian economics.
Contract for purchase of securities between the underwriter and the issuer of bonds.
Term describing the elite or upper class.
Indirect cost that can’t be spread to a few customers but must be spread over all customers according to a measure of volume.
Accepting assumed explanations or causes as facts to escape discomfort are associated with uncertainty or ambiguity.
Damage to property underground such as sewers and pipes by excavation, drilling, backfilling or changing to the ground.
Exposure to loss from inappropriate selection and approval of insurance risks.
A reserve held out of premium. This is the amount needed to cover losses before maturation.
Risk not covered by insurance that leads to loss. AKA prohibited risk.
Stock that is available to be sold through corporate charter but isn’t.
A fund where investors place capital for earning assets. They recieve the percentage they put in it in returns. It is managed by a third party. Refer to mutual fund.