A move from expansion to recession due to a restrictive monetary policy.

Using fixed production equipment to make large amounts of a product. It cannot be easily moved to make room for a new product.

An INSURANCE market cycle where INSURERS reduce the amount of coverage they are willing to write, causing supply to contract and PREMIUMS to rise. A hard market can occur by the onset

A metallic carbide made of tantalum, titanium, tungsten, and vanadium. It is used in tools or steels. AKA cemented carbide.

Putting pressure on a potential client to make them make fast decisions. If the person is lazy its a good method but if they are not is is not a good idea.

Strategies taught to people who want careers in finance. It takes a thick skin to handle ups and downs of the profession.

When an item has to be removed before its maintenance time of the year.

Water that becomes scum and scale. It interferes with the industrial process. It is alkaline because of small amounts of inorganic compounds from soil and rocks. It can be temporary and dissolved

A panel of compressed wook and binding material with one smooth surface. It is between 50-80lbs/ft3.

A publicatin with a signature stitched between two pieces of board covered. AKA clothbound, hardback, or hardbound. Refer to soft cover.

The way a material gets harder by heat treatment or cold forming.

1.metal or not plastic helmet needed on construciton and industrial work. 2. a person who works in a hard hat zone.

1. the resistance of a material to changes and drilling. It is a hardness test with no standard scale. Each test has its own measure. Refer to Mohs’ hardness scale. 2. the

Stocks and bonds that are not easily found for trade.

1. a manufactured item, fasteners, fittings, and construction industry needs. 2. the equipment that is in a computer system. It can be a keyboard or mouse.

A warrant that requires the holder to give a bond like buying a new debt instrument. They have similar terms. AKA wedding warrants.

The mean of positive variables. It divides the observations and the reciprocal of each number.

Changing differences on different measurements and procedures or schedules to make them unicorm and compatible.

A 6 digit code to classify a good for trade statistics and tariffs. It is harmonized system for short and takesthe goods into groups and subgroups. It was changed to 10 digits

An INFLATION index widely used throughout the European Union that measures changes in consumer prices. Unlike various other CONSUMER PRICE INDEX measures, HICP excludes owneroccupied rental costs. See also PRODUCER PRICE INDEX,