Becoming 18 years of age. Refer to legal age.

To pay money or render other value before it is due; or to furnish capital in aid of a projected enterprise, in expectation of return from it

A bank loan that is short term given to an exporter or seller. It is paid when the buyer pays for the shipment. The bank can take their money out […]

When a title or document is used as credit in a short term loan .

A paper copy of a publication sent out to be reviewed before a final copy is released. Refer to review copy .

A document about final wishes of an individual . It is drawn up in case the person becomes unable to make their own decisions. AKA living will .

When money is set aside to fund a future investment or benefit. Common for pensions and retirement funds.

A warning about a shipment arrival or a past due payment.

A shortterm LINE OF CREDIT granted by an UNDERWRITER to an issuer of securities that can be drawn if the underwriter cannot successfully place the securities. The advance option thus […]

Money put into an account to prevent future predicted losses.

A promise regargind advance payment . If the loss does not occur the money is returned. AKA advance payment guarantee .

In INSURANCE, a PREMIUM payment by the INSURED to the INSURER prior to the due date.

Parts needed before they can be used in production plans.

A guarantee that a ticket will be issued days prior to travel. Refer to APEX fare.

The price of a purchased item before it is used.

An exchange of outstanding GOVERNMENT BONDS for a NEW ISSUE of securities prior to final maturity of the original issue, typically arranged to take advantage of a lower INTEREST RATE […]

In INSURANCE, payment of a CLAIM by the INSURER to the INSURED prior to the settlement date .

A warning that an item has been shipped. The expected arrival date and other important information is present on this note.

ATECHNICAL ANALYSIS tool that measures the number of COMMON STOCKS that advance against the number that decline over a given period of time. A rising advancedecline is a generally regarded […]

A number that predicts market movement based on stock prices. Stock trading above and below previous prices are used to get this number. Refer to arms index.

A lined that is placed on a graph based on the advance decline ratio. The change in price traded is placed over time to determing placement of the line. Refer […]

The coded protection of money transfers and accounting communications . The previous code the data encryption standard was broken in 1997. The AES is used on computers and works on […]

A creditbased CAPITAL ALLOCATION process promulgated by the BANK FOR INTERNATIONAL SETTLEMENTS under the INTERNAL RATINGS BASED (IRB) APPROACH. BANKS use internal models to determine EXPECTED CREDIT LOSSES and UNEXPECTED […]

A rule that states pollution must be reduced 85% before its reintroduction into the environment .

Money or property given by a father to his child or presumptive heir, or expended by the former for the latter*s benefit, by way of anticipation of rlie share which […]