101 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
101 |
2018-03-27 22:55:55 |
absolute error |
Error expressed without regard to its plus (+) or minus (-) sign. For example, overstating a number by 5 will give the same absolute error as by understating it by 5. |
|
102 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
102 |
2018-03-27 22:55:57 |
absolute frequency |
The total number of trials and observations within a set time span, collected into frequency bins which are grouped by mutually exclusive data. |
|
103 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
103 |
2018-03-27 22:56:00 |
absolute humidity |
Density of moisture (water vapor) per unit volume of air, expressed usually as kilogram per cubic meter (kg/m3). In comparison, relative humidity is the ratio (expressed as a percentage) of the water vapor in the air at a certain temperature and pressure to the maximum water vapor it can contain at the same temperature and pressure; and specific humidity is the ratio of water vapor in the air to the total mass of the air and water vapor. |
|
104 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
104 |
2018-03-27 22:56:05 |
absolute interest |
Advantage, profit, right, or share that (unlike a contingent interest) is not subject to any condition. See also vested interest. |
|
105 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
105 |
2018-03-27 22:56:07 |
absolute link |
Alternative term for absolute URL. |
|
106 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
106 |
2018-03-27 22:56:13 |
absolute nuisance |
Interference for which the defendant attracts absolute liability. |
|
107 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
107 |
2018-03-27 22:56:15 |
absolute performance standard |
In quality control, a standard (such as zero defects) achievable only in theory but useful in measuring the organization's progress toward ever-higher levels of effectiveness and efficiency. |
|
108 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
108 |
2018-03-27 22:56:17 |
absolute physical life |
Life span of a physical asset, which ends when its financial value has depreciated to zero or its underlying technology has become obsolete; used to measure the risk of acquired assets. |
|
109 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
109 |
2018-03-27 22:56:22 |
absolute pressure |
Sum of the gauge pressure and atmospheric (barometric) pressure which is about 14.7 pounds per square inch (PSI) at sea level. |
|
110 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
110 |
2018-03-27 22:56:25 |
absolute price |
An amount that is asked or paid for a good or service expressed in currency terms. The absolute price of a good expressed in the local currency conventionally used in business transactions differs from the real price of that good, which is obtained by adjusting the absolute price to eliminate inflationary effects. Also called nominal value. |
|
111 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
111 |
2018-03-27 22:56:27 |
absolute priority rule |
That the creditors' claims on a firm's assets take precedence over the claims of the shareholders. |
|
112 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
112 |
2018-03-27 22:56:32 |
absolute privilege |
Privilege that protects its holder from all harms arising from any action or inaction. See also qualified privilege. |
|
113 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
113 |
2018-03-27 22:56:35 |
absolute quota |
Import quota that allows a limited quantity of specified merchandise into a country (or withdrawal of already imported merchandise from a bonded warehouse) for consumption - at normal duty rates - during a specified period. See also tariff rate quota. |
|
114 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
114 |
2018-03-27 22:56:39 |
absolute risk |
Alternative term for pure risk. |
|
115 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
115 |
2018-03-27 22:56:39 |
absolute sale |
A transfer of ownership of a property from a buyer to a seller in a business transaction after the agreed upon payments have been made. There are no other restrictions applied to the transfer other than the payment. |
|
116 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
116 |
2018-03-27 22:56:45 |
absolute title |
Best type of property title that can be acquired by a registered proprietor under the registered land system prevalent in most countries. Absolute title is free from any attachment, judgment, or lien, and is accepted as a sole document of title required for selling the property or obtaining a mortgage. Also called perfect title. |
|
117 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
117 |
2018-03-27 22:56:46 |
absolute URL |
Complete internet address that takes one to the exact directory or file of a website. Also called absolute link. See also relative URL. |
|
118 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
118 |
2018-03-27 22:56:49 |
absolute variance |
The expression of a difference between the usual cost and actual cost of an item or the difference of a projected budget and actual costs as an absolute number; the variance without respect to a negative or positive sign. Negative and positive variances do not cancel one another out when using an absolute variance. |
|
119 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
119 |
2018-03-27 22:56:52 |
absorb |
1. To treat a cost as an expense instead of passing it on to customers as an increase in price. |
|
120 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
120 |
2018-03-27 22:56:57 |
absorbed account |
Type of account that is merged or combined with another related account for the purpose of simplifying the accounting process. Once absorbed by another, the original account ceases to exist, even though a paper trail remains showing proof of how the funds have been moved. |
|
121 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
121 |
2018-03-27 22:57:01 |
absorbed business |
Company that has been merged into another company of which it is not on an equal footing. |
|
122 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
122 |
2018-03-27 22:57:06 |
absorbed cost |
A company's expenses such as insurance and property taxes that are affiliated with manufacturing operations. These costs are typically shown in a separate account. |
|
123 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
123 |
2018-03-27 22:57:09 |
absorbed costs |
Indirect costs that are affiliated with manufacturing, such as expenses for insurance or property taxes for a manufacturing building. When total costs are determined, then the implicit costs are not considered but rather are included in a separate account. |
|
124 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
124 |
2018-03-27 22:57:10 |
absorbed dose |
Amount of substance absorbed through skin (by contact), lungs (by breathing) and gastrointestinal tract (by swallowing) that is retained in body organs and blood stream. It is measured usually in milligrams per kilogram of body weight per day (mg/kg/day). Also called internal dose. |
|
125 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
125 |
2018-03-27 22:57:15 |
absorbent |
Material that extracts a fluid (gas or liquid) from a medium or surface on contact, and changes physically or chemically during the process. |
|
126 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
126 |
2018-03-27 22:57:20 |
absorption |
1. Accounting: Integration of an account (called absorption account) into related accounts in preparation of a financial statement. |
|
127 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
127 |
2018-03-27 22:57:22 |
absorption account |
1. Ledger account absorbed into other accounts in the preparation of a financial statement. |
|
128 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
128 |
2018-03-27 22:57:23 |
absorption costing |
A method of costing a product in which all fixed and variable costs are apportioned to cost centers where they are accounted for using absorption rates. This method ensures that all incurred costs are recovered from the selling price of a good or service. Also called full absorption costing. See also direct costing, marginal costing. |
|
129 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
129 |
2018-03-27 22:57:26 |
absorption pricing |
Method of pricing in which all costs are recovered. The price of the product includes the variable cost of each item plus a proportionate amount of the fixed costs. |
|
130 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
130 |
2018-03-27 22:57:31 |
absorption rate |
In absorption costing, the rate determined in advance for all cost centers for allocating fixed costs and variable costs (together or separately) to the output, in an accounting period. Also called recovery rate. |
|
131 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
131 |
2018-03-27 22:57:36 |
absorption variance |
Variance from budgeted absorption costing of manufactured products. |
|
132 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
132 |
2018-03-27 22:57:38 |
abstract |
Statement of what a scholarly or complex written work contains, presented as a summary usually by someone other than the author of the work. An abstract aims to present only the gist of the subject matter, stresses brevity, and makes no attempt to preserve the flavor or style of the original. See also abridgment, digest, outline, précis, summary, and synopsis. |
|
133 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
133 |
2018-03-27 22:57:39 |
abstract of record |
The condensed history of a case that is taken from trial court records and then prepared for use by an appellate court. |
|
134 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
134 |
2018-03-27 22:57:40 |
abstract of title |
Document that establishes the status of the present title to a property, and lists all items of record (such as claims, deeds, judgments, liens) that might affect the quality of the title. Also called abstract and epitome of title where 'epitome' is a listing (or duplicate copies) of documents going back to the root of title. |
|
135 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
135 |
2018-03-27 22:57:43 |
abstract of trust |
Shortened version of a living trust that omits the beneficiaries' identity as well as the specific information that is included in that trust. |
|
136 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
136 |
2018-03-27 22:57:47 |
abstraction principle |
Documentary credit rule that a credit is independent of the underlying or associated agreement or contract. See also autonomy principle. |
|
137 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
137 |
2018-03-27 22:57:49 |
abstruse |
Unable to be comprehended by using basic knowledge. "The book Bill read was very abstruse and left him puzzled." |
|
138 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
138 |
2018-03-27 22:57:53 |
abuse |
1. Departure from correct, legal, proper, or reasonable use; misuse. |
|
139 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
139 |
2018-03-27 22:57:57 |
abuse of power |
The act of using one's position of power in an abusive way. This can take many forms, such as taking advantage of someone, gaining access to information that shouldn't be accessible to the public, or just manipulating someone with the ability to punish them if they don't comply. |
|
140 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
140 |
2018-03-27 22:58:00 |
abuse of process |
Litigious action that is obviously in bad faith (such as one meant to delay the delivery of justice), frivolous, or vexatious (see vexatious action), and which is therefore either dismissed or stayed by the courts as misuse (abuse) of the legal process. |
|
141 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
141 |
2018-03-27 22:58:01 |
abusive dismissal |
Termination of the contract of employment which, while correctly following the legal procedure, is nevertheless an abuse of managerial power in its harshness, unfairness, or vindictiveness. Such abuse of power is in itself illegal in many countries. See also unfair dismissal and wrongful dismissal. |
|
142 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
142 |
2018-03-27 22:58:03 |
abusive draw |
Cashing of a bond or guarantee by its obligee although no breach of the underlying agreement or contract has been committed by the obligor. |
|
143 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
143 |
2018-03-27 22:58:08 |
abusive tax shelter |
Method (such as inflating the value of an acquired property beyond its fair market value) employed to claim illegal tax deductions. |
|
144 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
144 |
2018-03-27 22:58:13 |
ABX index |
Used to derive the value of the subprime mortgage investment market. The index uses a series of credit default swap contracts to determine the overall value of mortgages made to borrowers with weak credit. It is made up of four series, each with 20 bonds that consist of groups of subprime mortgages. Using this index, which is an accumulation of mortgages made at different times, investing institutions are able to determine whether the market for these securities is worsening or improving. They are also able to use the index to hedge against losses on subprime mortgages they may hold. Also called Asset-Backed Securities Index. |
|
145 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
145 |
2018-03-27 22:58:17 |
AC-DC option |
Futures trading option that, on a future date, can become a call option or put option at the choice of its buyer. Also called hermaphrodite option. |
|
146 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
146 |
2018-03-27 22:58:18 |
ACA |
Associate of the Institute Of Chartered Accountants. |
|
147 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
147 |
2018-03-27 22:58:23 |
Academy of Accounting Historians |
An organization run by volunteers that is dedicated to the study of accounting. They traditionally produce the Accounting Historians Journal. |
|
148 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
148 |
2018-03-27 22:58:25 |
ACCA |
Associate of the Chartered Association Of Certified Accountants. |
|
149 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
149 |
2018-03-27 22:58:29 |
accelerated amortization |
Provision in a loan or mortgage agreement that allows a borrower to increase the monthly installment amount to pay off the obligation before its specified settlement date. |
|
150 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
150 |
2018-03-27 22:58:34 |
accelerated benefits |
Provision in some life insurance policies that allows the policy holder to receive (in part or in full) the face amount of the policy before death, such as in case of serious illness or injury requiring long-term care. Also called living benefits. |
|
151 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
151 |
2018-03-27 22:58:34 |
accelerated bookbuild |
An offer for a company to purchase stocks or bonds for a short-term investment. This happens when a company cannot obtain funds for investments because of higher debt obligations. |
|
152 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
152 |
2018-03-27 22:58:38 |
accelerated cost recovery system (ACRS) |
Provision in the US tax law that allows for accelerated depreciation. Under its provisions, assets or properties are divided into several classes, and a prescribed method of depreciation is assigned to each class. ACRS rules are meant to encourage capital investment and (with certain exceptions) provide for a rate of depreciation that is faster than the rate under straight line depreciation method. Its revised version is called modified accelerated cost recovery system (MACRS). |
|
153 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
153 |
2018-03-27 22:58:39 |
accelerated deposit rule |
A rule stating that, if the total federal employment taxes of an employer totals at least $100,000 on any day, the taxes must be deposited on the next banking day regardless of the regular monthly deposit schedule. Once an employer triggers the rule, it must maintain a semi-weekly deposit schedule for the next two calendar years. |
|
154 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
154 |
2018-03-27 22:58:44 |
accelerated depreciation |
Technique of computing depreciation at a rate that is faster than the rate of straight line depreciation. Two main methods employed in accelerated depreciation are (1) Declining balance depreciation and (2) Sum of the years' digits depreciation. Both these methods write off larger proportion of an asset's value in the early years of its life than in the later years. The justification for accelerated depreciation is that an asset is more valuable, and has more earning potential, in early years of its useful life. In later years the asset becomes less valuable due to its inevitable obsolescence, and deterioration due to wear and tear. |
|
155 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
155 |
2018-03-27 22:58:49 |
accelerated life test (ALT) |
A method for stress-testing manufactured products that attempts to duplicate in a shorter time period the normal wear and tear that would normally be experienced over the usable lifetime of the product. Accelerated life testing is used to identify and resolve product weaknesses that would eventually be experienced by the customer. |
|
156 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
156 |
2018-03-27 22:58:50 |
accelerated option |
Provision in a life insurance policy whereby the policyholder may apply the accumulated cash value of the policy to pay off the balance premium in a lump sum payment. |
|
157 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
157 |
2018-03-27 22:58:53 |
accelerated tariff elimination |
Unilateral or mutual move used in reducing or eliminating tariffs with another country, or between two countries, on a schedule that is faster than was originally anticipated, allowing for the economic benefits and problems of free trade to take effect more quickly. |
|
158 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
158 |
2018-03-27 22:58:56 |
acceleration clause |
Provision normally included in loan documents, mortgage agreements, and other debt instruments (such as bonds and notes). It gives the lender the right to demand the entire loan amount (principal plus interest) to be paid at once, in case the borrower fails to make payments (defaults) or gets into serious financial difficulties. A loan document details (often in fine print) which actions or events can trigger the acceleration clause. Some banks include unspecific terms such as "if the bank otherwise deems itself insecure" to widen the scope of default. Also called call clause. See also act of bankruptcy. |
|
159 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
159 |
2018-03-27 22:58:57 |
acceleration life insurance |
Type of policy which pays a portion (typically 25 percent) of the death benefits (face amount of the policy less any outstanding loans, fees, etc.) in case of a specified illness or medical emergency. |
|
160 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
160 |
2018-03-27 22:58:59 |
acceleration principle |
Concept in economics that explains the link between output and capital investment. It states that an increase or decrease in the demand for consumer goods will cause a greater increase or decrease in the demand for machines required to make those goods. In other words, there is a direct relationship between the rate of output of an economy and the level of investment in capital goods. Also called accelerator principle. |
|
161 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
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<L1> business_dictionary
id |
ts |
title |
definition |
161 |
2018-03-27 22:59:02 |
acceleration request |
A petition or suggestion to speed up the process of production or delivery of a product. The request asks for the target date of delivery of the established goal to be met ahead of schedule. Either management or the client can place an acceleration request. Also called expedition request. |
|
162 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
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<L1> business_dictionary
id |
ts |
title |
definition |
162 |
2018-03-27 22:59:06 |
acceptability criteria |
A series of pre-defined standards related to the performance of an individual product, service or system that enables someone to easily determine the subject's capability to perform its function within an acceptable range. Acceptability criteria can also be used to determine a tolerable level of risk. |
|
163 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
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<L1> business_dictionary
id |
ts |
title |
definition |
163 |
2018-03-27 22:59:07 |
acceptable daily intake (ADI) |
Maximum amount of a substance (such as a food-additive or pesticide residue) to which an individual can be exposed to (through contact or intake), on a daily basis over his or her life span (estimated at 70 years), without causing any harmful effects. ADI is measured usually in milligrams of the substance, per kilogram of body weight of the exposed person, per day (mg/kg/day). See also reference dose. |
|
164 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
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<L1> business_dictionary
id |
ts |
title |
definition |
164 |
2018-03-27 22:59:09 |
acceptable daily intake (ADI) not specified |
FAO-WHO term for a substance with very low toxicity for which no safe upper-limit of intake is established, or deemed necessary, on the basis of available biochemical, chemical, and toxicological data. Compare with no acceptable daily intake allocated. |
|
165 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
165 |
2018-03-27 22:59:13 |
acceptable price range |
A purchaser's expectation for what a product or service should reasonably cost, based on quality and/or expected benefits. |
|
166 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
166 |
2018-03-27 22:59:15 |
acceptable quality level |
Quality standard based on a specified maximum number of defects. |
|
167 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
167 |
2018-03-27 22:59:19 |
acceptable risk |
Level of human and/or material injury or loss from an industrial process that is considered to be tolerable by a society or authorities in view of the social, political, and economic cost-benefit analysis. |
|
168 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
168 |
2018-03-27 22:59:23 |
acceptable use policy (AUP) |
Corporate, organizational, or internet service provider's rules governing use of computers, networks, and associated resources. In general, an AUP states that employees, or users (1) should not try to access system areas for which they do not have authorization, (2) are accountable for what they do, (3) should use the system only for its designed purposes, (4) are responsible for the confidentiality of their passwords, (5) should refrain from illegal activities, and unethical or obscene online (internet) behavior, and (6) should not access pornographic material on the internet. |
|
169 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
169 |
2018-03-27 22:59:27 |
acceptance |
1. Agreements: Granting of an unqualified consent (whether express or implied) to the terms of a contract by the involved parties. When an offer is received, it is either accepted or countered (with a counter offer). A counter offer obligates the other party to accept it or respond with its own counter offer. Accepting an offer (or a counter offer) creates a binding contract. Sometimes, the term 'subject to contract' is used in offers or acceptances to indicate that the parties intend to be bound only under a formal contract when it is prepared and signed (executed). |
|
170 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
170 |
2018-03-27 22:59:32 |
acceptance credit |
One of the means by which international trade is financed. Under this arrangement, a bank (or an acceptance House) in the exporter's country sets up an acceptance credit facility (similar to a checking account) on behalf of a creditworthy importer. The exporter then can draw on this account up to its limit. Also called acceptance financing. |
|
171 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
171 |
2018-03-27 22:59:37 |
acceptance criteria |
Specified indicators or measures employed in assessing the ability of a component, structure, or system to perform its intended function. |
|
172 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
172 |
2018-03-27 22:59:42 |
acceptance fee |
Amount charged by an accepting bank (or an accepting house) for taking on the legal obligation of paying a bill of exchange on its maturity date, whether the importer pays it or not. |
|
173 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
173 |
2018-03-27 22:59:45 |
acceptance financing |
Alternative term for acceptance credit. |
|
174 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
174 |
2018-03-27 22:59:49 |
acceptance for honor |
Undertaking by a third party to accept and pay (in part or in full) a bill of exchange that was dishonored, either by non-acceptance (see dishonor by non-acceptance) or by non-payment (see dishonor by non payment) by the party on whom it was drawn. Also called acceptance supra protest. |
|
175 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
175 |
2018-03-27 22:59:55 |
acceptance letter of credit (L/C) |
Unlike a normal L/C, this type of documentary credit does not promise to pay the beneficiary immediately upon presentation of the customary documents, but has the additional requirement of a time or term draft drawn on a named bank. |
|
176 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
176 |
2018-03-27 23:00:00 |
acceptance market |
A market consisting primarily of short term instruments of credit typically used by exporters in getting paid more quickly for their exported goods. |
|
177 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
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<L1> business_dictionary
id |
ts |
title |
definition |
177 |
2018-03-27 23:00:06 |
acceptance number |
The highest number of defects that a sample of products from a manufacturing process can have in order for the inspection lot to be accepted. For example, software manufacturers may produce a defective CD in 10 out of every 1,000 duplications. But as long as the number of tested units does not exceed 10 within that lot, the batch is considered good and shipped to market. Many process improvement initiatives are often used to reduce the number of defects in a process in order to avoid exceeding the acceptance number. |
|
178 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
178 |
2018-03-27 23:00:08 |
acceptance of a bill of exchange |
Process by which a buyer (called a 'drawee') accepts the seller's bill of exchange by signing under the words 'accepted' on face of the bill. By this act, the drawee becomes the acceptor and converts the bill into a post-dated check an unconditional obligation to pay it on or before its maturity date. |
|
179 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
179 |
2018-03-27 23:00:12 |
acceptance of goods |
When a shipping firm (or its agent) accepts a consignment for shipment by issuing a receipt, its responsibility for the safe delivery of goods begins at that moment. See also acceptance of shipment. |
|
180 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
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<L1> business_dictionary
id |
ts |
title |
definition |
180 |
2018-03-27 23:00:15 |
acceptance of office by trustee |
Express acceptance, or presumed from the conduct of the nominated trustee, or presumed in absence of evidence that may suggest nominee's refusal. A nominated trustee may decline to serve, but normally cannot delegate or renounce the office of trustee after acceptance. |
|
181 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
181 |
2018-03-27 23:00:17 |
acceptance of service |
Endorsement on a writ of summons by the defendant's solicitor, signifying that he or she accepts the service of the writ on behalf of the client. Thereafter, the solicitor's failure to appear on due date may make him or her liable in negligence to the client. |
|
182 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
182 |
2018-03-27 23:00:19 |
acceptance of shipment |
When a consignee signs the receipt of a shipment, he or she accepts the goods as delivered and terminates the shipping firm's liability regarding damages and shortages. |
|
183 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
183 |
2018-03-27 23:00:28 |
acceptance region |
A set of values for a test statistic for which a null hypothesis is accepted. |
|
184 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
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<L1> business_dictionary
id |
ts |
title |
definition |
184 |
2018-03-27 23:00:30 |
acceptance region alpha risk |
Region of values within a data sample where the null hypothesis is accepted. Since the null hypothesis can never be proven, the evidence can only be said to reject it or fail to reject it. Used in confirmatory data analysis and statistical hypothesis testing. |
|
185 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
185 |
2018-03-27 23:00:35 |
acceptance sampling |
In quality control, the statistical procedure employed in determining whether to accept or reject a production batch. If the proportion of the units having a certain negative characteristic exceeds the acceptable limit for a given batch, it is rejected. Two types of acceptance sampling are (1) Attributes sampling, in which the presence or absence of a characteristic in the inspected item is only taken note of, and (2) Variable sampling, in which the presence or absence of a characteristic in the inspected item is measured on a predetermined scale. |
|
186 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
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<L1> business_dictionary
id |
ts |
title |
definition |
186 |
2018-03-27 23:00:36 |
acceptance sampling plan |
An inspection of a product or service that determines whether or not the product will be accepted. For example, a furniture manufacturer would use an acceptance sampling plan to make acceptance decisions related to the type and quality of wood and similar raw materials they purchase for inclusion into their finished products. |
|
187 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
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<L1> business_dictionary
id |
ts |
title |
definition |
187 |
2018-03-27 23:00:39 |
acceptance theory of authority |
A manager's authority rests on his or her subordinate's acceptance of his or her right to give orders and to expect subordinate's compliance with them. |
|
188 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
188 |
2018-03-27 23:00:44 |
accepted draft |
Bill of exchange accepted by the named drawee by putting his or her signature under the words "accepted" written on the bill's face, thus committing to pay it according to its terms (tenor). |
|
189 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
189 |
2018-03-27 23:00:46 |
accepting bank |
Bank which accepts a bill of exchange by countersigning (endorsing) it, and thus incurs the legal obligation of paying the bill's amount on its maturity date. See also advising bank. |
|
190 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
190 |
2018-03-27 23:00:49 |
accepting house |
Usually a European merchant bank or non-bank financial institution, often in the exporter's country, which accepts bills of exchange drawn on it on the account of a creditworthy importer. |
|
191 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
191 |
2018-03-27 23:00:53 |
accepting risk |
Risk management technique appropriate where the cost of managing the risk is acceptable because the risk level is insufficient to justify the cost of risk avoidance. |
|
192 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
192 |
2018-03-27 23:01:03 |
acceptor |
Drawee of a bill of exchange who accepts it by signing on face of the bill. He or she thereby accepts the liability for payment of the bill on or before the bill's maturity date. |
|
193 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
193 |
2018-03-27 23:01:05 |
access |
1. Point at which entry to a facility, contact with a circuit, or communication with a system is obtained. See also system access. |
|
194 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
194 |
2018-03-27 23:01:08 |
access charge |
Fee charged by a utility for the privilege to connect to its distribution or transmission system. |
|
195 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
195 |
2018-03-27 23:01:11 |
access control list |
Network or system administrator's assignment of levels of access to different users. See also access rights. |
|
196 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
196 |
2018-03-27 23:01:15 |
access denial |
See site access denial. |
|
197 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
197 |
2018-03-27 23:01:20 |
access easement |
Permission by a landlord to certain individuals, or general public, to travel across his or her land to get to another place or a road. |
|
198 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
198 |
2018-03-27 23:01:22 |
access level |
See system access level. |
|
199 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
199 |
2018-03-27 23:01:25 |
access point |
Unique code, name, or term that serves as a point of entry to an archive, database, or system. |
|
200 |
<L1> category_1
id |
ts |
title |
2 |
2018-03-27 22:46:13 |
A |
|
<L1> business_dictionary
id |
ts |
title |
definition |
200 |
2018-03-27 23:01:30 |
access provider |
Organization which provides the facility to connect to internet via a dial-up or leased line connection. See also internet service provider. |
|