Payment that is received before a service is provided or a good is sold.

Bidding at a lower price that that of other bidders.

Wireless technology like Bluetooth able to transmit large bites of data over a short distance and over a wide band frequency and spectrum.

Person working in a job that they are over qualified for.

A passenger’s baggage that is sent separately as cargo and not as accompanied baggage.

Situation where overheads applied to work in progress, WIP, is less than overheads actual incurred.

Deal or contract between party of the account and the beneficiary of a L/C.

1. General. Document that is signed at the end to signify agreement , correctness or truth of contents. 2. Banking. Evaluating risk for lending by analysing loan contract details. 3. Insurance. Evaluation

Term describing the elite or upper class.

Corporate activities at odds with the charter.

1. Accounting. Income received before a service is provided or a good is sold.2. Taxation. Income from means not arising from a person’s efforts.

Technique used to locate defects in matter by passing sound energy through the material.

Policy of liability insurance covering claims not covered or in excess of cover amount under basic policy for liability.

Overhead or an indirect cost that can’t be included in calculating cost of a government project.

Individual or group that consumes services and goods.