The investor seeking to profit from cycles of prices lasting from one day to many weeks. Compare to day trader; scalper.

The act where a card is slid through a magnetic stripe reader.

Fees charged by merchant’s provider of accounts for swipe card transactions.

An electronic or mechanical device that closes or opens a path for electricity to move power from one point to another. See valve.

The provision where female employees participating in a plan for healthcare covered only if their husbands are listed under dependents of the plan.

Carrier substituted B/L for the original B/L with the terms of an L/C.

Temporary path that is electrical in nature that is created between 2 points in an ‘as and when needed’ basis.

Fixed cost a buyer incurs due to a supplier change.

An assessment or written or oral facts that are stated under oath, an affidavit, for example.

Analysis of a situation where Strengths and Weaknesses of organizations, Opportunities and Threats are examined to develop a strategy. See PEST analysis.

Person trying to get what they want or to earn respect using flattery on influential people who can help with goal achievement.

Close relationship existing between 2 organisms where one gets a benefit from the relationship.

Sign or word used to indicate or signify an idea, relationship or object.

An artificial language such as Mathematics that uses symbols to avoid any ambiguities or inadequacies of a natural language like English.

Mathematical disciplines used to reduce rules of formal logic to those of algebra. Called mathematical logic.

Coding scheme for secure data transmissions using one digital key to encode and decode the message. Also known as symmetric key encryption.

A single line digital subscriber line, DSL, offering 2.3 Mbps of bandwidth in both directions over phone lines to a length of 10,000 feet with no repeaters. Also called High Speed digital

The taking of industrial action where employees of another firm or department will stop work to show solidarity with the striking workers.

A discussion by a panel of experts on a certain topic with participation from the audience.

The subjective or apparent manifestation of a disease or condition or the change of such. See syndrome.