Risks whose nature is not technically calculatedly. Usually associated with the political climate, market variations, and price fluctuation.

A good or service that is more costly that its competitors.

1. Accounting: a record used to characterize income and expenses required to run a business that affect the profit, but not the capital, of the given company. 2. Advertising: exposure through the

Any amounts that can be garnished from an individuals total income. Examples of this are alimony, child support, or educational costs.

A company who can stay out of debt and economic trouble. This causes them to have a better credit rating and investors see them as well off. They will also be rewarded

A brief written work that manages to keep the meaning and essence of the original version. This term is also spelled as abridgement. Other terms that might help are abstract, digest, outline,

A geographical land considered foreign to the current location of a person or object. This term can apply to overseas and continental differences.

1. To nullify an contract by means of mutual agreement. 2. To officially abolish a law.

On a graph or chart this is the horizontal (X) axis.

A property owner that rents or leaves their property vacant. They have not abandoned it. This individual is considered an absentee owner.

This occurs when an employee consistently is absent from work. Seldom does this individual have a valid reason. However, if valid reasons are given the absence does not qualify as such. Attendance

The costs of manufacturing that are not related to production. They can be taxes, insurance, and building expenses. These costs are linked to a separate account.

1. Accounting: When related accounts are absorbed into each other. Called an absorption account. 2. Economics: Total amount spent by a country on goods and services. Account deficits or surplus occurs when

Refuseal, from one bankruptcy court, to get involved with a matter of another court with jurisdiction

A written statement about a complex work that contains only the basic gist. It is usually written by another author. Other terms that might help are abridgment, digest, outline, pr

Something that is harder to understand for those with only basic knowledge on the topic.

The basic abuse of power that can occur when they become too manipulative with those around them and the trust given to them.

An index used to derive the value of a mortgages subprime. A credit default to exchange is used to help those with weak credit. It has four series each containing 20 bonds.

This individual works and is bound by the laws of the Institute Of Chartered Accountants.

A volunteer run organization that studies accounting. Traditionally an accounting historian would be interested in this.