The acquisition of a private firm by a public firm by transferringover 50% of stock. A way to make a private firm a public firm.

A filtering process where a liquid with suspended particles in it is passed through a filter to catch the particles.

The arrangement where a broker or dealer buys a security and sells it on a set date at a higher price.

Occurs when large players of industry have to fold and the smaller ones stay in business.

A printing process where light coloured text is printed onto a dark background.

A process where a company acquires another company and merges its subsidiary company as well.

A short term adverse effect of health that is reversed with time and the removal of the cause.

An assets estimated value at the end of the holding period when it is sold.

An annuity that acts as a life insurance policy. Benefits are paid to athe annuitant when the insured dies.

The provision in a deed transfer where the property transferred is reverted to the grantor if a deed condition becomes violated.

An irrevocable trust in the USA that is revocable after the trustors death or after a set time period has passed.

A bound and printed copy of a book or work that is sent to reviewers before the official date of publication.

The agreement that relates how the property of an individual is to be distributed during their life time and after their death.

A trust that allows the grantor to revoke and reclaim any property placed in it.

The number of times in one minute that an engine’s crankshaft or the shaft of a motor turns.

An arrangement in credit where the interest and credit limit is periodically renegotiated.

The repitition of an action continually.

The establishment of an account that finances the cycle of operations of amounts received.

1. The correction of a failed, defective or a non-conforming item. 2. The actaul cost of the correction of defective work.

A feature of optical drives that allow them to write, erase and then rewrite data to media such as dvds and cds.