Paper profit or loss not becoming actual until the asset is sold, disposed of or redeemed. Also known as unrealized gain/loss.

Adverse effect to people and the environment by a biocide and considering the economic, medical, environmental costs.

Expense occurring in one period of accounting but recorded in another.

Revenue occurring in one period of accounting but recorded in another.

Reserve kept so claims not yet submitted can be paid. Amount is based by estimation.

Taxpayer’s failure to report all income he has received and avoid paying as much tax as needs to be paid.

L/C that has no restrictions about the bank chosen for negotiation.

Overtime that is not planned due to a bottleneck or to fix a ‘behind schedule’ position.

Payments to supplement regular premiums of a policy of universal life.

Creditor extending credit without the security of collateral.

Common media for transmission of data and voice communications, that connects phone subscribers to a central exchange in a LAN such as Ethernet and Token Ring. See shielded twisted pair.

Something not asked for nor requested.

Informal but written bid or quote submitted with the initiative of the bidder.

goods and services that are bought by necessity and not want.

Tending to, or susceptible to decomposition or a physical or chemical unwanted change.

Substances that react with the container they are stored in.

An interview without any set format or formula for questions asked. Also known as a non-directive interview.

Process where transport containers are unsealed and all goods removed. Also known as devanning, stripping.

Loan where interest as added as soon as the money is given to the borrower.

Risk of a securities investment not common to all securities but to a certain security. Also known as non-systemic risk.