Saturday, December 5, 2009
Futures market
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.
Free market
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.
Free enterprise
the trade carried on in a free-market economy, where resources are allocated on the basis of supply and demand.
Franchise
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.
Friday, December 4, 2009
Direct mail
: Marketing goods or services directly to the consumer through the mall. Direct mail is one tool that can be used as part of a marketing strategy. The use of direct mail is often administered by third-party companies that own databases containing not only names and addresses, but also social, economic, and lifestyle information. It is sometimes seen as an invasion of personal privacy, and there is some public resentment of this form of advertising. This is particularly true of e-mailed direct mail, known derogatively as SPAM.
Fraud
the use of dishonesty, deception. or false representation in order to gain a material advantage or to injure the interest of others.
Forward pricing
the establishment of the price of a share in a mutual fund based on the next asset valuation.
Fixed asset
a long term asset of a business such as a machine or building that will not usually be traded.
Fiscal
relating to financial matters, especially in respect to government collection, use. and regulation of money through taxation.
Dirty price
the price of a debt instrument that includes the amount of accrued interest that has not yet been paid.
Differentiated marketing
Selecting and developing a number of offerings to meet the needs of a number of specific market segments.
Devaluation
a reduction in the official fixed rate at which one currency exchanges for another under a fixed-rate regime, usually to correct a balance of payments deficit.
Desktop publishing
Commonly used term for computer-generated printed materials such as newsletters and brochures.
Debt capital
The part of the investment capital that must be borrowed. Default: The failure to pay a debt or meet an obligation.
Debt
That which is owed. Debt refers to borrowed funds and is gener¬ally secured by collateral or a co-signer.
Thursday, December 3, 2009
Current liabilities
Amounts owned that will ordinarily be paid by a company within one year. Generally includes accounts payable, current portion of long-term debt, interest and dividends payable
Current assets
Valuable resources or property owned by a company that will be turned into cash within one year or used up in the operations of the company within one year. Generally includes cash, accounts receivable, inventory and prepaid expenses.
Desktop publishing
Commonly used term for computer-generated printed materials such as newsletters and brochures.
Depreciation
A decrease in value through age, wear or deterioration. Depreciation is a normal expense of doing business that must be taken into account. There are laws and regulations governing the manner and time periods that may be used for depreciation.
Debt capital
The part of the investment capital that must be borrowed. Default: The failure to pay a debt or meet an obligation.
Current assets
: Valuable resources or property owned by a company that will be turned into cash within one year or used up in the operations of the company within one year. Generally includes cash, accounts receivable, inventory and prepaid expenses.
Credit line
The maximum amount of credit or money a financial insti¬tution or trade firm will extend to a customer.
Credit
Another word for debt. Credit is given to customers when they are allowed to make a purchase with the promise to pay later. A bank gives credit when it lends money.
Cost of goods sold
The direct cost to the business owner of those items which will be sold to customers.
Corporation
A voluntary organization of persons, either actual indi¬viduals or legal entities, legally bound together to form a business enter¬prise; an artificial legal entity created by government grant and treated by law as an individual entity.
