The rise in the cost of products and services as a result of spending trends.

An accounting ledger record that covers a particular financial activity over a set period of time.

A ticket that covers travel from the port of departure to one destination, and return travel to the port of departure from a different destination (e.g. Newcastle-Melbourne / Perth-Newcastle). The passenger is

A market in which prices are controlled by supply and demand, rather than government policy or independent cartels.

Buying goods without negotiating or signing contracts, usually in small quantities or in an emergency.

The cost of items as determined by supply and demand.

Buying and selling of US Treasury Funds by the Federal Reserve, intended to affect inflation, monetary supply and interest rates. Such operations are rare, as the financial sector usually takes similar action

An operating system designed to work with a range of processors, making it flexible and inexpensive for users.

1. An order to buy or sell securities that remains valid until executed or cancelled. 2. A term that is often used instead of backlog.

Type of insurance that provides compensation for property damage caused by any hazards not specifically excluded by the policy.

Derived from the work of American architect, Frank Lloyd Wright, and French architect, Le Corbusier, open plan spaces are partitioned with temporary screens and modular furniture, rather than walls and permanent fixtures.

Cargo insurance that provides compensation for damage to or loss of goods that were carried in a specified vessel or by a specified company, within a specific period. According to the policy,

1. A forward contract that has not been cashed in by an offsetting contract or through the delivery of the asset that is covered. 2. A situation in which a trader could

A bidding system that enables anyone to submit bids, in order to encourage competitive bidding.

1. A rate that has not yet been finalized. 2. The highest one-time rate an advertising medium (e.g. newspaper, radio station, etc.) can charge.

A system that enables insurers to use rates not previously approved by the state.

A repurchase agreement that does not set a date for repurchase and that can be terminated by either party at any time. Rates are adjusted each day, based on current market rates.

Seating plan that does not allocate seats to particular people. Typically, seats are available to whoever sits in them first.

Open shop firms may be any of the following: 1. Firms that don?t require employees to be members of a union, 2. Firms that refuse to deal with unions, 3. Firms where

An agreement between countries that enables unrestricted overflight and landing rights to each other.