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

Temporary or part-time employment to perform various services.

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

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

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

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

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

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

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 an immediate payoff equal to a fixed cash amount once the price of the UNDERLYING market reference breaches the STRIKE PRICE or BARRIER. See also

A BINARY OPTION that grants the buyer a payoff at expiry equal to a fixed cash amount if the price of the UNDERLYING market reference exceeds the STRIKE PRICE or BARRIER at

An ARBITRAGE strategy where a profit can be secured by borrowing funds, using the proceeds to buy the ASSET, and selling a FORWARD or FUTURE on that asset. The arbitrage only exists

Taking cash out of a policy or benefit, reducing the cash available as a death benefit by the amount withdrawn plus interest. This may mean forfeiture of the purchased benefits by the

A life insurance policy that has cash value accumulation over the life of the policy. The premium is the same over the life of the policy. The premium is split between death

A life insurance policy that has cash value accumulation over the life of the policy.

Usually tallied over a 12-month period or year, a count of completed cash cycles during that period.

The amount an INSURER is required to return to the INSURED if an INSURANCE contract with savings features is cancelled prior to maturity.

Discrepancies between actual cash on hand versus the start-of-day cash on hand plus the total of the days receipts are posted to this type of general ledger account.

Describes the difference between expected cash on hand versus cash given out. An entry to the ledger account is posted for the discrepancy amount.