Ratio of income statement indicating the extent that earnings can decline and not result in problems of non-payment of interest.

Ownership that involves the purchase of a time or percept interest in a holiday property.

Metal that is lighter but stronger than steel, corrosion resistant and durable.

Policy insuring mortgagee or owner against loss by defects in title.

Model resulting from incorporating improvements to the current one.

B/L drawn ‘To order’ of the consignee and is a negotiable title instrument.

Commercial form covering operations of tobacco warehouses.

Theory in Economics of behaviour of an investment where ‘Q’ is the ratio of market value to replacement cost of share capital.

Single channel, high speed base band local area network or LAN architecture eliminating problems of colliding data by using packets, called tokens, of control messages.

Stock and derivative exchange of Japan with offices in London, New York and Singapore going back to 1878.

Cost level or accepted risk to achieve an objective.

1. General. Departure allowed from a standard that won’t effect a process over its life cycle. 2. Engineering. Capability of a system that can withstand high stress levels without being harmed. See

1. Quality. Greatest departure allowed from the standard. 2. Risk. Longest period where an enterprise can afford to not have a critical process or function.

Phone call made from outside the exchange area and charged on a per minute basis.

Long distance call paid for by the person being called. Free call in UK.

Arrangement where a company will process raw materials or partly completed goods for another company. Also known as toll processing.

Take or pay contract for the conversion, processing or transporting of finished products or raw material.

AN unusually heavy and large book or a volume from a collection that is often for scholars.

Transporter’s revenue unit equal to one ton of cargo moved one mile.

Refrigerator are air conditioner’s cooling capacity equal to 12,000 British thermal units, Btu, per hour.