1. Actively engaged in inactivity in exchange for money. 2. Temporary status noting something is in transition. 3. State of being.

Ratio of times a working capital is able to be converted to revenue in a period of accounting.

1. Commerce. A day that is not a legal holiday or a Sunday. 2. Law. A day other than Sunday and a gazette, statutory holiday.

Temporary file of data, drafts, notes etc. Used in analyzing and preparing plans, documents and projects.

Part of inventory available for normal demand in a given period.

Amount of work assigned to a resource over a period of time.

Strategy where a borrower negotiates with the lender to restructure a debt.

An establishment with work areas.

Verbal and physical fore in the work environment.

Informal sheet where the accountant can record information to adjust balances and substantiate opinion with regard to transactions and balances.

1. Shop floor where physical work is carried out. 2. Seminar opt training class given to solve tasks related to work to gain hands-on experience.

Popular name for International Bank for Reconstruction and Development. See World Bank System.

The best quality goods, services and processes as ranked by experts and customers.

Source of energy market analyzed and projected annually.

UN agency of 1967 to administer the 1883 Paris convention and 1886 Berne convention for promoting intellectual property and protecting rights associated with.

Representatives from the communication and computer industries who manage web evolution by developing common standards.

The collected group of internet resources, audio, video, hyperlinked text that is accessed by remote browsers that are based on standards like HTTP, TCP/IP.

Worst outcome of many possibilities.

Payoff that is equal to the minimum payoff of 2 options. See best of 2 option.

Measure of the value received, derived satisfaction of a tangible or intangible product.