This number provides a good measure of the gasoline’s ignition quality. A higher octane number corresponds to a smaller chance of premature combustion when subject to combustion in a standard engine. It

A compound that is the liquid state and is highly flammable that is used to process petroleum. It is an important component used to determine the antiknocking properties of gasoline.

The requisite that the number of assumptions be kept to a minimum. The simpler of two assumptions is usually assumed in the event that both of them are equally valid.

The workplace surroundings that encompasses the physical and social environment.

The risk that is undertaken on the company’s use of a product that is obsolete.It significantly affects their business and revenues. Technology companies are the most susceptible to this risk.

Brokers who charge a higher rate of commision to combine odd lot orders and then filling them out as round orders.

Used primarily in the telecom industry, it is a substitute name for a 8bitbyte.

The level of or concentration of odorous vapor in the air that is detected by only fifty percent of the test subjects.

The issuance of highly rated commercial papers is carried out by financial institutions through the use of this instrument. It is treated as a separate entity that is not registered on the

Assets or liabilities that have yet to be realized and hence do form a part of the balance sheet. it is included in the balance sheet only when it becomes actual.

A breach of contract is possible if the principal requirements that is so integral to the contract is not fulfilled.

The probability of the occurrence of an event that is expressed as a ratio of the possible occurrences to the possible nonoccurences. The odds of an event A is given by p(A).

A percentage of the total coverage amount that is in effect at a location that is not covered in the details of the policy

Banking activities or transactions that occur at ATM machines located outsidethe premises of the bank, usually in malls or markets.

The financial contribution of sources that are neither equity investors or lenders, and thus are not included in the presentation of the asset and liability balance sheet. Through the use of OBSF,a

The period of the year when the demand of a particular good or a service is the lowest in the annual cycle.

The non keeping of an official record for a payment or receipt of money

Failure to meet the prescribed specifications or standards.

A product that is usually offered at a lower price during a period of minimal demand.

A pricing method that takes advantage of the psychological fact that customers are greatly influenced by certain prices or price ranges. Initially, this method was intended to enable accurate registration of transactions