Category: Financial Terminology

  • Risk Management

    Financial Definition of Risk Management Meaning of Risk Management The process of identifying and evaluating risks and selecting and managing techniques to adapt to risk exposures. Related Entries of Risk […]

  • Foreign Currency

    Foreign money….

  • Inflation

    Financial Definition of Inflation Meaning of Inflation The rate at which the general level of prices for goods and services is rising. Synonyms of Inflation (Decrease in value of currency), […]

  • Purchasing Power Parity

    The notion that the ratio between domestic and foreign price levels should equal the equilibrium exchange rate between domestic and foreign currencies….

  • Subsidiary

    Subsidiary

    Legal Definition and Related Resources of Subsidiary Meaning of Subsidiary As applied to a corporation , it is one that is controlled by another corporation. For legal purposes, a subsidiary corporation is a distinct legal entity from the parent […]

  • Taxable Income

    All income classified as earned income within the meaning of Section 911 of the Internal Revenue Code of 1954 (26 U.S.C.S. §911) is taxable. Income is the excess of incoming receipts over outgoing expenditures. See United States v Basye, 410 U.S. 441, 93 S. Ct. 1080.

  • Bond

    Bond

    Legal Definition and Related Resources of Bond Meaning of Bond A contract under seal to pay a sum of money ; a contract under seal acknowledging a debt, present or future. This is a single bond. A double bond is one where there is a condition […]

  • Contract

    Legal Definition and Related Resources of Contract Meaning of Contract A deliberate engagement between competent parties upon a legal consideration to do or abstain from doing some act. It is essential to the creation of a contract that the […]

  • Lead

    Payment of a financial obligation earlier than is expected or required….

  • Balance of Payments

    Financial Definition of Balance Of Payments Meaning of Balance Of Payments A statistical compilation formulated by a sovereign nation of all economic transactions between residents of that nation and residents of all other nations during a […]

  • Gold Exchange Standard

    A system of fixing exchange rates adopted in the Bretton Woods agreement. It involved the U.S. pegging the dollar to gold and other countries pegging their currencies to the dollar….

  • Partnership

    Partnership

    The relation subsisting between two or more persons who have contracted together to share as common owners the profits of a business carried on by all or any of them on behalf of all of them, Shumaker, Partnership, 2. Elements : The essential elements of a partnership are (1) a contract […]

  • Customs Union

    Customs Union

    Financial Definition of Customs Union Meaning of Customs Union An agreement by two or more countries to erect a common external tariff and to abolish restrictions on trade among members. Related Entries of […]

  • Futures Market

    A market in which contracts for future delivery of a commodity or a security are bought or sold….

  • Interest

    Interest

    Legal Definition and Related Resources of Interest Meaning of Interest In relation to being objectively concerned in something, by having a right or title to, a claim upon, or a share in. legal concern in a thing; especially right or title to […]