The use of equity in a home to provide a lione of credit.

An advertisement on the internet that contains an animation, flashing colours, audio and other range of enhancements.

Developed by Microsoft it is a standard that is compatible with all word processors and allows exchange of digital documents.

The quantitative measure of an earthquake that is indicative of the energy released at a point 100 miles from its epicentre. It is a logarithmic scale.

Legislation allowing national banks to set up offices all over the nation.

A strategy used in marketing where the concentration of efforts is based on a narrow area in order to achieve the objective.

A right in a contract where the seller must give the other party the chance to match the offer that a third party has given to buy a certain asset.

The right to property by the person who is the short or long term holder of the property.

The legal right given to the last tenant who is still living after a joint tenant has died. They retain absolute ownership of the property.

The process where a corporation reorganises or restructures the business by means of cutting costs, rducing the work force or altering upper level management.

The stiffness, relatively, of a materials resistance to stretching, bending or other form of deformation under load.

Isolating a project so it is protected from outside risks.

1. Business. The phrase used in describing products and lines of business that show the most profit. 2. Investments. The phrase used in signifying the time to take any profitsfrom securities by

A scheme used in cabling networks where a cablesequentially connects all of the nodes and forms a loop that is closed.

The allocating of rights to use a body of water by individuals who own property around said body of water.

An effect that is indirect but radiates out from the initial effect.

An interest rate that is risk free with a risk premium that is appropriate to the risk level.

1. Corporate. A component of risk management consisting of identification, determination, evaluation and application. 2. Food industry. According to WHO/FAO it is the risk assessment, risk management and communication of risks.

A person from the insurer who screens all new applications and will approve or decline an application.

1. Identifying, evaluating and estimating risk levels and comparing them to benchmarks and standards to determine an acceptable risk level.2. Food industry. WHO/FAO have identified hazard identification and characterisation, assessment of exposure