Spending such as the repayment of a loan’s prinipal amount or the payment of a refund that is not charged as a usual expense.

Items that are not used up during consumption and as such retain their identity.

A financial instrument such as a bond or a stock that is not a part of the other equities held by the company.

A rule that mandates equal provision of benefits to all its employees, irrespective of their position. A retirement plan must include this rule to qualify under the Employee Retirement Income Security Act

Assets that have no physical attachment to a building. For example, a non attached garage or shed on a property.

Assets such as the manufacturing facility that are listed on a company’s financial statement.

A pension plan that is under the sole ownership of the insured and cannot be lost.

Methods that do not encompass the “generally accepted accounting policies”, to calculate the financial information about companies. The real value of the company is difficult to analyze due to a lack of

The policy payments that the insured is entitled to in the event of a cesation of payments. The insured has a choice between the cash surrender value, the paid up surrender value,the

A clause in an insurance that allows for a partial or complete receipt of benefit, or a partial refund in the event that the insured ceases payment of the premiums due on

A substance that does not burst into flames when ignited, or one that is not ignited easily.

Monetary gain for financial institutions through charges on investment transactions.

Obligations such as wages that have to be fulfilled, without worrying about interest accrual.

A organization that has no affiliation to the government and performs voluntary operations in the field of education, wildlife,etc. They are usually funded by the UN or by benefactors. The donations are

Financial transaction with neither a direct nor an indirect execution to the benefit of the user. Sometimes, these transactions do not need to be registered with the Securities and Exchange Commision (SEC).

Instruments such as the receipt of higher interest with a dividend payment, that is not recorded in a ledger account.

The process that involves the sale of a property, utilizing the power of sale in mortgage. However, most insurance companies require a judicial disclosure by the court before issuing a policy.

A risk with a high probability of loss, or failure to accurate measure the risk actuarially. As such, the risk cannot be insured.

An industry whose services have no correlation to financial goods or services and investments.

A monetary obligation that is not disbursed immediately upon the sale of an individual’s assets or his declaration of bankruptcy. These include the incurred but unpaid taxes.