UNFAVORABLE BALANCE OF PAYMENTS
The situation arising when payment made outside of the country are greater than payments received by a company. Also known as balance of payment deficit.
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The situation arising when payment made outside of the country are greater than payments received by a company. Also known as balance of payment deficit.
Rules established by NASD for handling over the counter, OTC, transactions.
Backup supply of power that lasts long enough to shut down the system or to allow another generator to take over.
Accounting. All financial data should be recorded in one currency unit only. See accounting concepts.
Depreciation method calculated based on an asset’s use instead of time it is in service and matching expense of depreciation to generated revenue.
1. Off loading goods from the container or vehicle that delivered them. 2. Selling goods in order to be rid of them at a lower than usual price.
Revenue occurring in one period of accounting but recorded in another.
Risk of a securities investment not common to all securities but to a certain security. Also known as non-systemic risk.
Term referring to part of the oil industry doing the exploration and recovery. See downstream.
Bill of exchange drawn on a governed term of usage in trade or between involved countries.
1. Business. Firm owning and operating facilities for production and distribution of water, electricity, gas telecommunications to the public. 2. Computing. Program whose function is to maintain efficiency of the system. Also
Resources used to enhance value of goods and services.
Examining the value chain to determine how much value and when it is added.
1 of the 4 criteria for capitalization laid down by the US Financial Accounting Standards Board, FASB, to classify leases that can’t be cancelled.
Fill, membrane or foil or coated paper with a high resistance to movement of vapors.
Computer graphics that are not pictures and unlike raster graphics are represented by mathematical equations as geometric shapes.
Vertically aligned training tasks when skill levels are increased from low to high.
Immediate right to possession and use of a property or interest in a property.
Latin- to wit or that is to say. Namely.
Internal friction in fluid that retards its flow.