Structures that are covered by homeowner insurance, but that are not part of the main property (e.g. sheds, garages, gazebos).

Classification term that applies to minor assets (e.g. scrap value of outmoded equipment) when recorded on balance sheets.

An initial set of specifications, upon which more detailed specifications are based later in the design process.

A publication of which no copies remain for sale or distribution.

An estimation of how long it will take a company to spend the revenue generated during an accounting period.

A call option that is higher than the asset?s market price, or a put option that is lower than the asset?s market price.

1. Products, services, work or energy that is produced by a company, machine or individual in a given period. 2. Computing: Information suitable for transmission from a computer to external devices; transferring

The means by which a company helps recently laid off employees find alternative employment. Typically involves the commission of an outside agency, paid for by the company doing the laying off.

Adverts displayed outside buildings and along the roadside.

A computer peripheral that converts computer output into forms that can used directly (e.g. printer) or with another device (e.g. a DVD writer).

Problem solving that is not confined by self-imposed limits or convention. Free and innovative thinking results in the creation of unique solutions and ideas.

1. The shape or boundary of an item or object. 2. A list of the key items in a document or plan, presented in the order they appear in the main document,

A measurable standard that expresses the amount of energy, work, goods or services a process should produce in a given period.

The delegation of non-core activities to outside agencies and contractors. Called contracting out, this allows businesses to benefit from specialist skill sets without paying for an in-house team, and it enables companies

1. Retailing: A drug or medication that does not require a doctor’s prescription. 2. Securities: Unlisted US securities (usually unlisted because the issuer does not meet the exchange?s requirements).

A situation in which a company has generated too much capital. This devalues the company?s assets and earnings become insufficient to pay dividends and interest. This problem is usually solved by buying

Facility that is far from the main plant.

1. Accounting: The sum of all costs that are incurred during the acquisition of an asset or property. Includes taxes, the retail price and additional charges for installation and delivery. 2. Economics:

An individual whose insurance coverage is worth more than the item(s) being insured.

A buyer of options who has yet to exercise or sell an option.