Literally meaning irrespective of, the term is also used in the contractual sense. A statement in a contract that is used to highlight contractual obligations arising from multiple parts in the contract,

An equity market that is focused on novel and emerging firms that are leaders in their respective industries. Usually, companies with the potential to be a global leader or have already attained

An agreement in Australia which allows businesses to lease transportation for its employees. However, a portion of the employee’s wage is deducted to cover the leasing costs. The company is liable for

1. Usually refers to an idea or action that is considered to be unique and unusual. 2. A comprehensive fictional story that ties elements of literature such as dialogues, characters, etc, to

A quality control chart that is used to determine the number of defective units in a random sample. It is used as an evaluation of the process’ stability in instances where the

A material that possesses radioactive properties. Nuclear materials such as Uranium 233 or 235 are used to produce nuclear energy.

Radioactive, hazardous waste products that are produced at the end of the manufacturing cycle of nuclear processes. They are radioactive for hundreds of years and as such safe disposal involves burial deep

Something redundant, or that has no value, or effect, commonly used in the legal sense.

A proposal that has to be verified before its acceptane or rejection to favor a relative proposal. A common null hypothesis states the absence the absence of a relationship between the two

The average number of days that an item spends as a part of an inventory, expressed as a ratio. It is used to determine the quality of inventory control and thus is

The allocation of a unique number to identify an account holder instead of his name. All banks follow this system of allocation and reference.

1. Economics: A commodity that is the basis on which the prices of all other commodities are measured. 2. Finance: The currency that is the basis of expression for all other currencies.

The probability that an item will fulfill its operations for the duration specified without being spoilt.

The determination of the policy rate for the insured who falls below standards. A value of 100 is assigned to an insured who meets standards stated on the policy. Depending on impairments

The fee paid to the nurses who work in the hospital, is mandated through this clause.

Inviduals who suffer from chronic illnesses or are unable to provide for themselves are provided care through nursing homes. Due to the longterm nature of the service provided, they are also referred

A chemical substance, usually compounds that are absorbed by the tissues in the body when consumed. They are essential for survival.

A type of contamination that results in the excessive growth and algae that is caused by the release of plant nutrients into the water or soil. This causes oxygen depletion to the

An exchange for the trading of futures and options that are related to energy, palladium, etc. It is a subdivision of the New York Mercantile Exchange.

The exchange of stocks and exchangetraded funds is possible through this electronic trading platform. It also offers efficient and lightning quick execution of orders and also provides direct access to the market.