Corporate income tax based on a world wide taxable income of a multinational corporation.

International organization made up of independent countries that together encourage peace and diplomacy between other countries. Maintains treaty obligations and countries in the UN follow international laws.

Structured format used in exchange of electronic data governed by ISO9735.

Shipping company that delivers all over the world and is one of the largest shipping businesses. Found in 1907.

Made up of the 50 federated states, American Samoa, District of Columbia, Johnston Island, Guam, Wake and Midway Islands, Northern Marianas and US Virgin Islands.

1. Combination of cartons, boxes, pails, etc., in one load ready for transport with ease of handling and identification. See containerization. 2. Converting an investment company to a unit trust.

Load of many articles bound together for transport and handling as one unit.

Trust where certain percentage of the yearly assessed market value is paid to the beneficiary of the trust.

Amount of units available to be sold compared to time taken to produce the items.

Depreciation method calculated based on an asset’s use instead of time it is in service and matching expense of depreciation to generated revenue.

Banking combining aspects of commercial banking and investment banking.

The population, collection, items, bodies grouped together due to commonalities that a representative sample is then taken for measurement of comparisons.

Powerful and very stable 32 bit operating system used by computers. Is the platform the internet was built on, written in C language and coming with TCP/IP protocols.

1. Benefit retention with no consideration of return where it can be reasonably expected. 2. Money obtained that is not a gift that the beneficiary needs to make restitution for.

Future events and outcomes that cannot be predicted when and where they will occur.

Forced, unlawful and clandestine entry on land or into premises.

System where commissions are based.

When the company uses funds from the company to buy investments so as not to borrow from other sources.

Way to measure risk of the overall market with an unlevered company.

A firm’s cash flow shown to investor’s as a measure of performance that doesn’t take into account interest payments on debts outstanding.