A title typically in nonprofits than a commercial company. Usually a full-time employee in the role of working director finance, marketing, or operations. Position often scoped to allow for making director-level decisions.

Infrastructure source of up-to-the-minute operational data, collected and screened from many databases. Financial information, work-in-process, inventory numbers, sales numbers, market trends, industry statistics, and market price of the firm’s shares are the

Directive action from a prime minister or president to its executive governmental agencies in an official document .

Power to enforce executive orders as intended and given, authorized by law.

Constitutional right to not disclose information, given to the government’s executive branch. Typically used to cover national defense and foreign policy. Protects sensitive information under the constitutional doctrine of separation of powers.

The actions of seeking to hire corporate officers, executives and other senior level management positions. Payment for the search is typically either by retainer or contingency. An industry has evolved around the

Business continuity plan section for smooth, pre-planned, transferal of authority under any condition. It identifies who succeeds the current position holder and is done for every position deemed critical for recovery from

Brief, comprehensive summarized business plan or proposal, often for an investment or commitment. Key points, as bullets, are extracted from an external audience presentation.

An as yet unfulfilled promise made for some consideration. Refer to executed consideration.

Contractual obligation fulfillment actively being done. Some contractual expectations are yet to be done by one or more parties. An ongoing lease agreement is an example.

Executory contract servicing expenses. An example is paying excise tax on a leased car.

A letter-of-credit with a beneficiary who has yet to satisfy specific conditions, that is un-expired.

An unfinished trust, missing instructions for the trustor. Known also as imperfect trust or incompletely constituted trust. Refer to executed trust.

Price of an option allowing call or put. The buyer must pay this price to the option writer in a call option. The writer of the option must pay this price to

A blank, noticeable space between price bars on a stock-price chart. A sudden price spike from panic buying or selling when a trend approaches a reversal point can cause this gap. Refer

National Association of Realtors issues this monthly report tracking sales of existing homes. It is released around the 25th of each month. The comparisons can be month-to-month, or for a particular month

An expense or penalty a consumer pays to a vendor for terminating an existing agreement. Typically done to gain some advantage by engaging another vendor or supplier. An example is the switching

A manager’s opportunity to obtain frank, perhaps biased, commentary of the good, bad, and ugly reasons on why a terminating employee is leaving this employment. Planned as a formal meeting.

The right to terminate. Triggered by documented conditions. Usually a documented event based on specific criteria. An example is the termination of a project before completion because technology being used has become

Airplane seat(s) next to an emergency exit doors. Requires the seating of one or more able persons who can handle the doors. Usually positioned over the wings.