1. Pay money for goods and services. See spending. 2. Use of a resource like time for example.

Part of person’s life where money spent if from existing assets as income has been reduced significantly.

A budget that comprises all of the department budgets for a period of accounting, project or program.

Granted legislature authority to administration allowing it to spend funds that are public in line with a budget that is approved.

Clause stopping the beneficiary’s creditor’s ability to collect benefits before they are received by the beneficiary.

A condition in trusts barring one or more beneficiaries from pledging or spending benefits before they are received.

Slang term. The sum of money that is paid by the vendor’s salesman to the retailer’s salesman for motivation to push the goods of the vendor.

MSDS, Material Safety Data Sheet, term covering equipment, precautions and methods to control and cleanup after a spill or leak.

The impact that is caused by a change in demand or supply that causes a similar effect on other markets.

The effect that follows from a primary effect.

Corporate divestiture accomplished by (1)creating a subsidiary and new shares will be issued or (2) leveraged buy out by subsidiary management.

Method used in accounting where asset depreciation is split into 2 parts (1) profit and loss account and (2)part attributed to value increase charged to a revaluation reserve.

The general term referring to a plan where an employer and employee share premium costs.

A contract for life insurance jointly purchased by an employee and employer.

General term referring to coverage that is divided into separate amounts depending on the loss type.

A production process juncture where the product stream splits up into 2 or more distinct products which are identifiable as a joint product.

A large order that has been broken up into smaller orders that are completed one at a time.

Ratio of outstanding shares in comparison to amount of original shares before a stock split.

Technique in scheduling ads where 2 ads are run to see which is the more effective.

The breaking up into 2 or more shipments of a larger shipment, either sent together or separately.