The currency against which all others in the FOREIGN EXCHANGE market are quoted, generally selected as a result of one country

The estate which ” base tenants ” (g. v.) have in their land. Cowell.

The original price before taxes and fees.

In English law . An estate or fee which has a qualification subjoined thereto, and which must be determined whenever the qualification annexed to it is at an, end. 2 […]

A cheap metal that corrodes when exposed to air or moisture.

The previous period that new data is compared against. On an index they are given arbitraty value of 100.

Compensation given to an employee when they are working for two quarters. Its used to decide unemployment benefits. A minimum amount must be worked to get these benefits. It is […]

When prices are made without transportation cost. AKA basing point pricing.

Insurance company premuims that are used to calculate the reinsurance rates.

1. a basic fee or wage that has additional funds taken or added to it. 2. the UKs benchmark lending rate.

In Scotch law. A subordinate right; the right of a subvassal in the lands held by him. Bell.

In feudal law. Such services as were unworthy to be performed by the nobler men, and were performed by the peasants and those of servile rank. 2 Bl. Comm. 61.

Tenants who performed to their lords services in villenage; tenants who held at the will of the lord, as distinguished from frank tenants, or freeholders. Cowell.

A tenure by villenage, or other customary service, as distinguished from tenure by military service; or from tenure by free service. Cowell.

The first year in an index. The arbitraty value of 100 is usually used.

In Scotch law. A disposition of lands by a vassal, to be held of himself.

Low; inferior; servile; of subordinate degree; impure, adulterated, or alloyed.

When bandwidth is sent on a single signal. Only one channel is usable at a time. Its cheaper and simpler. Local area networks use this.

Setting a price based on another item. No cost analysis is made in the process. If the two items are so similar any difference is justified.

1. the starting point for comparison. 2. the basic proposal given when a request is sent out. Refer to acquisition program baseline , contracnt budget baseline, and performance measurement baseline. […]

The guess at how much it will cost to do a program before it is started. Any tracking is done based on this fugure.

The first data that will be compared against future data.

An agreement on cost, schedule, and performance that the parties involved agree to.

The basic principles of metrics measurements.

A situation that is used in the beginning. It is used in comparison or projection on any exercise.