A metric term used in the freight industry. Revenue gained by moving one ton of goods the distance of one mile.

The annulling or making void a judgment on account of some error or ( Irregularity . Usually spoken of the action of an appellate court . In international law . […]

A loan using the equity in his home to secure another mortgage and gets lumo sums paid preiodically. The loan is paid when the house is sold after the borrowers […]

The evaluation of the behaviour of management and the employees effectiveness .

An auction where more than one seller is selling items and are competing for a price that is acceptable to the buyer.

When a forward/future is purchased at a price less than the spot price plus the cost of carry and the difference is loaned until maturity creating a profit. Refer to […]

A bond that carries the option to be converted into stock prior to its maturity by the issuer if the need arises to improve its portfolio. Refer to convertible bond […]

A shock that occurs when an expat citizen comes home after a lengthy overseas stay and has become used to the culture where he has been living.

1. The bias that is shown againstb a majority group and a min ority group. 2. Any act of giving anything to one group causes automatic discrimination over evry other […]

Reverse logistics . The practice of collecting any outdated, damaged or goods that are unsold and returning them to the manufacturere or supplier.

A method where a product is de-constructed to see how it was made initially.

The exchange of a property before the previuos property has been given up. Opposite of deferred exchange.

A method used by companies to return defective goods back to the producer or manufacturer .

The charting of an investment that predicts a reversal in value when the pattern shows a trough (viewed as a shoulder), followed by a rise then a lower trough followed […]

A trade between two parties of a fixed interest rate with a floating interest rate where there is an increase in the notional principal as the result of an increase […]

When an inthemoney option is created out of a latent option by pushing the barrier above the strike price . AKA kickin option. Refer to reverse knockout option .

When an inthemoney option is turned into a latent option because the barrier is below the strike price . AKA kickout option. Refer to reverse knockin option .

Stocks that are offered for purchase by the public by companies that have been privately purchased in an effort to reduce their debt.

The returning of goods that are damaged or unsold back to gthe supplier or manufacturer .

Also called competitive marketing. A proactive approach that can be intensive for procurement og items.

The acquisition of a private firm by a public firm by transferringover 50% of stock. A way to make a private firm a public firm.

When a lender gives monthly payments to a borrower using their property equity. This is usually done by elderly homeowners resulting in the borrower eventually owning the home.

A filtering process where a liquid with suspended particles in it is passed through a filter to catch the particles.

The arrangement where a broker or dealer buys a security and sells it on a set date at a higher price.

When a firm repos securities from a party that pays a finance charge in agreement to sell them at a higher price at a predetermined date in the future. AKA […]