A periodic return on stocks traded in an investment portfolio should there be more or less than average returned. Also called an excess return .

An error in the system or theft that can cause significant reduction in a company’s inventory. The loss exceeds the normal allowable level.

The destruction or abolition of something such as the abolition of slavery.

A large amount of inventory waste that may be caused process inefficiency. Eventually this leads to abnormal loss. Abnormal spoilage is another term for this. The same can be applied […]

The artificial or spontaneous termination of a pregnancy before the embryo or foetus can survive on its own outside a woman’s uterus.

Part of the constitution giving a woman the right to have an abortion in the first 3 months of pregnancy. It may be forbidden later on in pregnancy unless the […]

A trial that is incomplete and for some reason or other is terminated before a verdict is reached.

This occurs when the economy produces goods at a higher rate than normal. The level of normalcy is decided by the gross domestic product or the GDP. This causes the […]

Risks whose nature is not technically calculatedly. Usually associated with the political climate, market variations, and price fluctuation.

A good or service that is more costly that its competitors.

A bond, share, or security selling at a premium price higher rather than its par value. Commonly referred to as selling

1. Accounting: a record used to characterize income and expenses required to run a business that affect the profit, but not the capital, of the given company. 2. Advertising: exposure […]

Any amounts that can be garnished from an individuals total income. Examples of this are alimony, child support , or educational costs.

A company who can stay out of debt and economic trouble. This causes them to have a better credit rating and investors see them as well off. They will also […]

An account that does not include detailed financial information but records the transactions of a full accounting period . Abbreviated accounts may be a definition of interest.

A brief written work that manages to keep the meaning and essence of the original version. This term is also spelled as abridgement. Other terms that might help are abstract, […]

Where the court will reduce the amount damages to paid that a jury has awarded to a victim. The court may deem the amount to be too high.

When goods are bought wholesale and are then sold retail but are not offered to the open market for sale.

A geographical land considered foreign to the current location of a person or object. This term can apply to overseas and continental differences.

1. To nullify an contract by means of mutual agreement. 2. To officially abolish a law.

The action of repealing a law, an annulment, or cancelling an existing statute or agreement.

On a graph or chart this is the horizontal (X) axis.

Running away from the law, to make yourself absent in an attempt to avoid the legal process.

A person who owes money to another person and he runs away from his creditors or goes into hiding so he cannot be found.

Latin for something done with the defendant absent.