A form in commercial crime that will cover a security deposited with an institution like a bank or trust firm or a stock broker. It covers any losses due to destruction, theft

A procedure in shippingwhere a shipper signs a statement rthat certifies that there are no dangerous materials such as explosives in the shipment.

A trust or mortgage deed that shows evidence that an asset orm property has been pledged as a security.

An enforceable claim that is created by a security agreement or by the law that secures the fulfillment of a pledge.The lender has security interest incollateral provided by a borrower to guarantee

The clear marking of a document showing its level of security that will ensure its protection at the required level.

A small amount of capital that is used at the beginning of a firms start up by the founders. Rarely is it provided by a financial institution due to the failure risk.

Money used to start up a new company.

A division of a sector that is distinct but linked to or related to other elements. See segmentation.

How well a department is performing when compared to thw whole operations of a company.

1. Business. Subdivision of a corporation into departments. Economic regions of activity and geographic regions. 2. Finance. The division of an assets pool into segments that show similar characteristics. 3. Marketing.Population subdivision

The approaches used in order to subdivide a market or population into segments with similar characteristics. Five major strategies, behaviour, benefit, demographic, geographic and psychgraphic segmentation.

A defined area where customers are drawn from that is seperated from other markets. Seperation can be by government bariers, lack of information and barriers.

A customer’s account that is held seperate from a brokerage firms funds.

1. A control policy where no person is given more than one area of responsibility. Called seperation of duties.2. Procedures and methods that are established as an internal check in order to

Anacronym for the 6 steps in marketing research: 1. Situation analysis,2. explicit statement of objectives 3. laying down of research startegy and method of data collection 4. Evaluation of data 5. creation

1. A consumers choice to select a service or product. 2. The products that a company will offer to its customers.

A statistical error that causes one sampling group to be selected more than other sampling groups. It will craete a bias in an experiment.

A term used to refer to an insurers selection of what risks to insure. The term refers to the act of ceding poor risks in reinsurance.

A strategy in promotion of a selected product to a specific market through advertsing that is consistent with the markets beliefs attitudes and expectations.

The demand for a certain brand that happens after the initial demand in the life cycle of a product.