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An alphabetical listing of General terms and items.
Machine capable of transmitting written input via telephone lines.
A variable investigated in a statistical study.
Goods where style is important and price is secondary. These products could include clothing, jewelry, furniture, draperies, and dishes, but can sometimes be stretched into other areas such as umbrellas, walking canes, cigarette holders, etc.
An investigation into a proposed plan or project to determine whether and how it can be successfully and profitably carried out.
An deposits held in reserve by the Federal Reserve System.
The communication of responses and reactions to proposals and changes or to the findings of performance appraisals with the aim of enabling improvements to be made.
FIRST IN FIRST OUT, a method of inventory control where the stock of a given product first placed in store is used before more recently produced or acquired goods or materials.
The money needed by an individual or company to pay for something, for example, a project or stocks.
Documents that show your financial situation.
Relating to financial matters, especially in respect to government collection, use. and regulation of money through taxation.
A long term asset of a business such as a machine or building that will not usually be traded.
(sometimes called long term assets) these are usually non-liquid assets that are integral to the enterprise's day-to-day business operations such as plants, equipment, furniture and real estate.
The day-to-day cost of doing business that is pre-committed, such as salaries, insurance, lease expenses, utilities, etc.
Those costs which don't vary from one period to the next. Generally, these expenses are not affected by the volume of business.
The period between the presentation of a check as payment and the actual payment to the payee.
An interest rate that is not fixed and which changes according to fluctuations in the market
A lower limit on an interest rate, price, or the value of an asset.
A graphic representation of the stages in a process or system or the steps required to solve a problem.
A prediction of the value of a variable in a statistical study
Foreign exchange: The exchange of one currency for another, or the conversion of one currency into another currency. It also refers to the global market where currencies are traded virtually around-the-clock. The term foreign exchange is usually abbreviated as "forex" and occasionally as "FX."
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The establishment of the price of a share in a mutual fund based on the next asset valuation.
An estimate of what an interest rate will be at a specified future time.
An agreement enabling a third party to sell or provide products or services owned by a manufacturer or supplier. The franchise is regulated by a franchise contract, or franchise agreement, that specifies the terms and conditions of the franchise.
A number of retail outlets operating the same franchise. A franchise chain may vary in size from a few to many thousands of outlets and in coverage from a small local area to worldwide.
The use of dishonesty, deception. or false representation in order to gain a material advantage or to injure the interest of others.
The trade carried on in a free-market economy, where resources are allocated on the basis of supply and demand.
A market in which supply and demand are unregulated except by the country's competition policy, and rights in physical and intellectual property are upheld.
A product or service that is given away, often as a business promotion.
The process of responding to customer inquiries, orders, or sales promotion offers.
Selling from a sales outlet directly to the end user at retail prices with sales personnel who can explain the purpose and value of the product or service.
Events staged to raise revenue.
A contract to deliver a commodity at a future date.
A market for buying and selling securities, commodities, or currencies that tend to fluctuate in price over a period of time. The market's aim is to reduce the risk of uncertainty about future prices.
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