1. Bank deposits: The stated rate of interest on deposits that is expressed in terms of current dollar, which does not take the effects of inflation and compounding into effect. It is

Return on an investment given in current dollars, without taking into account the effects of compounding, discounting or inflation.

The duty associated with imported goods that does not take into consideration the effect of inflation or other taxes. As such it is not a true reflection of the price at the

Also known as categorical variables or the variables in financial equations that are not dependent on the rate of inflation and other such factors.

Wage in current dollars, as an indicated of its purchasing power of goods and services. It differs from its true value.

The income that is derived from a security.It is stated as a percentage of its purchase price.

1.Nominalism is a legal concept that states that the amount that is due remains the same in the event of a currency appreciation or depreciation. 2.It is also a philosophical concept that

A committee that operates under the corporate governance department on an organization and performs various duties that depend on the company. However, their main focus is on the evaluation of the company’s

A company that is formed by a financial institution or another organisation which operates an account that holds assets and securities on behalf of the actual owner under the terms of a

An individual who is given the role of a non executive director on the firm’s board of directors, in place of another person, investor or financial institution. It also refers to a

A chart with more than three parallel lines that have a high degree of calibration and alignment, such that, a straightline placed on two known values on two different line will lead

Assets such as the interest on a bank deposit, that are only recorded only upon the realization of the earnings.

Data that contains significant information regarding the items being costed but does not include any information related to cost. Some examples include technical descriptions, schedules, etc

An abbreviation for nondomiciled. It refers to an individual living in the United Kingdom who is a temporary resident (sometimes a foreign national), and only pay taxes on income generated in or

Tickets that can be claimed for travel only on the carrier that it is issued for.

Charitable organization that foster cultural and social unity to achieve objectives related to public service. The initial capital investment is provided by the founding members who do not expect its repayment or

A set of measures aimed to restrict imports and does not include high import duties or tariffs.

An activity whose removal will not affect a process as it usually generates a zero or negative return of investment on resources.

time and monetary costs that increase the total cost of an activity without enhancing the value of the goods or services in the eyes of the customer

A freight forwarder or shipment consolidator who does not have ownership of the vessel, but assumes responsibilities for the shipments and issuing its own bills of lading and airway bills.