Receiving cash in exchange for a financial instrument, such as a stock, or policy or check or guarantee or draft.

A BINARY OPTION that grants the buyer a payoff equal to a fixed cash amount if the price of the UNDERLYNG market reference breaches the STRKE PRICE at expry See also ALLORNOTHING

1. Using a larger loan to pay off a smaller loan. 2. Converting an asset into cash by the sale of that asset.

The merger of a target firm paid in cash by the buying firm. Occurs when the targeted firm’s stockholders or shareholders do not want any part of ownership of the buying firm

The merger of a target firm paid in cash by the buying firm. Occurs when the targeted firm’s stockholders or shareholders do not want any part of ownership of the buying firm

Refinancing for more money that the mortgaged amount. Done to get money out for other purposes. Based on many points: home value, mortgage value, income of the mortgagee, credit rating of the

Begun in 1990 this index measure monthly freight shipments cumulatively. National shipping levels result from indices processed by the Cass Information System. This index includes over 400 company and manufacturing types and

Contains 1.8 to 4.5 percent carbon by weight versus 0.5 percent or less in carbon steel . Like gray or white iron, one of several types. The higher carbon content increases the

Temporary or part-time employment to perform various services.

Temporary or part-time laborer who performs various services. An hour or a day is the typical work duration.

Description and prices of available goods or services for sale published electronically or printed as a list. Distribution can be any current media.

A company in Internet commerce that aggregates, collects, data on products from various sources to allow easy consumer comparison, source, and ordering of items exhibiting stable pricing and specification.

Mail or email presentation of goods and services directly to perspective buyers. Source of items may from several different vendors or one vendor.

Pollution reduction device that eliminates or reduces substantially emissions. Usually attached to a car or engine exhaust system. Converts three specific substances from harmful to benign. Carbon monoxide converts from poisonous gas

Incomprehensible loss and damage to life and assets having immense consequences.

Catastrophe insurer reinsurance type. Catastrophe is categorized at magnitude, such as an earthquake or hurricane; creates total loss;

Investors use this options contract to swap or exchange a portion of the difference of insurance premiums to losses caused by claims with a fixed payment. New York Catastrophe Exchange is trading

Events whose consequences are extremely harsh in their severity, relating to one or more losses such as bankruptcy, total loss of assets, or loss of life.

An important part of branding or identification or image. A simple, catchy phrase usually tied to a logo or brand; Embodies the appeal or purpose of a firm or a product; when

Decision-making where information and ideas go back and forth, thrown about, running up and down an organization in a mutually participative manner.