Practiced by the credit card industry where the interest rate is increased and it covers item that were purchased at a lower credit rate.

The provision in an insurance policy that states if the insured dies between certain dates, the policy a face value and the cash value on the date of the death of the

A benefit equal to the amount of premiums paid, minus claim amounts, will be paid during a set period of time if claims don’t exceed a set percentage of premiums paid.

The pricing in contracts that will reflect performance or new cost data at hand and is decided after a set protion of work has been carried out.

A ratio that measures the investment profitability in relation to the assets that are being managed.

The estimated value at the end of an inventory procedure that is based on retail price and cost. Includes the following steps: (1) maintaining detailed records of stock and prices, (2) computation

The action of modifying present equipment with new parts to enable it to perform its job.

An inflow of cash from sale of capital assets, depreciation or savings on tax that is not related to other eatained or accumulated earnings.

A ratio that measures the profitability of financial institutions against its toatl assets.

The amount of money given back to the insured when a policy is cancelled or the rate is adjusted or the premiums have been over paid.

A benefit that is offered to credit card holders that will allow them to get credit for a returned item even if the seller does not take returns.

An authorisation number provided when a customer returns an item for a refund.

1. The removal of any asset after its sale. 2. Forced or voluntary withdrawal from the job market. 3. Withdrawing a document from circulation. 4. The discharge or satisfaction of an obligation.

A strategy regarding the return on equity of securities that show the effect the common shares have on a company’s profitability.

The ratio between a tax payer’s income o the overall net worth of the tax payer.

Any m erchandise that has been sold and is then returned to the place of purchase.

An endorsement that limits firther negotiation of an instrument that is negotiable.

The measurement of any capital investments made with regard to their profitability and overall efficiency.

The study of selected retail outlets providing a service based on subscription to market research firms. They will gather information ona brand’s volume of sales, trends in sales, levels of stock and

The amount made from investment income over the amount held in equity by stockholders.