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Bond equivalent yield

The bond equivalent yield or BEY for an investment is a calculated annual percentage yield for an investment, which may not pay out yearly. It is not to be confused with a bonds coupon rate. This allows investments with different payout frequenci ...

Bond lease

In United States real-estate business a Bond Lease, often referred to as an "Absolute Triple Net Lease", "True Triple Net Lease", or even a "Hell-or-High-Water Lease" is the most extreme form of the NNN Lease, in which the tenant is responsible f ...

Call money

Call money is minimum 5% short-term finance repayable on demand, with a maturity period of one to fourteen days or overnight to a fortnight. It is used for inter-bank transactions. The money that is lent for one day in this market is known as "ca ...

Category killer

A category killer is a retailer that specializes in and carries a deep product assortment within a given category and through selection, pricing and market penetration obtains a massive competitive advantage over other retailers. Chains such as B ...

Delivery point (futures trading)

In a futures contract where the underlying is a physical object, such as grain or oil, the price of the futures contract is quoted assuming delivery of that physical object to a specific physical location in the world. For instance, natural gas f ...

Direct service organisation

A direct service organisation or direct labour organisation is a business unit of a United Kingdom local authority or housing association which undertakes work specified by the Local Government Act 1988 and Local Government, Planning Land Act 198 ...

Direct shipment

Direct shipment is a method of delivering goods from the supplier or the product owner to the customer directly. In most cases, the customer orders the goods from the product owner. This delivery scheme reduces transportation and storage costs, b ...

Disbursement

A disbursement is a form of payment from a public or dedicated fund. Alternatively, it means a payment made on behalf of a client to a third party for which reimbursement is subsequently sought from the client. It is a term most commonly used by ...

Dry goods

Dry goods is a historic term describing the type of product line a store carries, which differs by region. The term comes from the textile trade, and the shops appear to have spread with the mercantile trade across the British colonial territorie ...

EPCI

EPCI stands for Engineering, Procurement, Construction and Installation, a common form of contracting arrangement within offshore construction. The acronym EPIC for Engineering, Procurement, Installation & Commissioning is also used. Under an EPC ...

Estimation (project management)

In project management, accurate estimates are the basis of sound project planning. Many processes have been developed to aid engineers in making accurate estimates, such as Delphi method Examining historical data Educated assumptions Risk assessm ...

Exposure factor

Exposure factor is the subjective, potential percentage of loss to a specific asset if a specific threat is realized. The exposure factor is a subjective value that the person assessing risk must define. The exposure factor is represented in the ...

Factory leader

Factory leader was the term introduced by Labour organization law of 20 January 1934 for the owner, entrepreneur or manager of a business or company. Factory leaders and their" followers” formed the" factory community”, replicating the national c ...

Factory second

Factory seconds, also known as factory rejects or simply seconds, are retail items which, through minor fault of manufacture, are sold to the public for a reduced rate, rather than being discarded. Such goods are often resold at this lower rate a ...

Front office appearance

Front Office Appearance is a term typically used in human resources to describe the expected look of workers who are typically the first people encountered by customers and thus need to make a first good impression on customers. The opposite is NFOA.

Gōshi gaisha

Go-shi Gaisha is a Japanese concept of an "unlimited liability" incorporation, but its structure is similar to the limited partnership. Unlike the other business types there is no limit on what a general partner of the company is legally responsi ...

Information protection policy

Information protection policy is a document which provides guidelines to users on the processing, storage and transmission of sensitive information. Main goal is to ensure information is appropriately protected from modification or disclosure. It ...

Inherent risk

Inherent risk, in Risk management, is an assessed level of raw or untreated risk; that is, the natural level of risk inherent in a process or activity without doing anything to reduce the likelihood or mitigate the severity of a mishap, or the am ...

Integrity pact

As "a tool for preventing corruption in public contracting", an integrity pact is a multi-party agreement entered into by a public body seeking to procure goods and services of significant value, the companies interested in bidding to supply the ...

Janaratna

Janaratna is an emerging term for relationship-based business in India, similar to the term guanxi in Chinese. Deriving from the Hindi words for people and precious stones, the term is interpreted to suggest the wealth resulting from relationship ...

Job creation index

A job creation index is a measure of net hiring of full- and part-time adult workers. In the US, the index score is derived by subtracting the percentage of American workers who say their employers are firing from the percentage of workers who sa ...

Job wrapping

Job wrapping is a term used commonly to describe a process by which jobs can be captured from employer website and posted to the job boards that the employer wants to advertise them. Corporate recruiters and HR professionals who send job listings ...

JobShopLean

JobShopLean is a concept for applying the philosophy of Lean to the type of usually small manufacturing organization known as a job shop. Unlike continuous Flow manufacturing as practised by Toyota, this manufacturing is characterized by skilled ...

Laytime

In commercial shipping, laytime is the amount of time allowed in a voyage charter for the loading and unloading of cargo. Under a voyage charter or time charter, the shipowner is responsible for operating the vessel, and the master and crew are t ...

Lean project management

Lean project management is the application of lean concepts such as lean construction, lean manufacturing and lean thinking to project management. Lean project management has many ideas in common with other lean concepts; however, the main princi ...

Lodgement (finance)

In Ireland a lodgement is an amount lodged to a bank account or paid into a bank account via a "lodgement slip" or "paying in" slip. In India a lodgement is commonly used for proofs of tax deduction. A "lodgement vendor" is one who will verify pr ...

Oborovy podnik

Oborovy podnik is a bygone Czechoslovakian state designation for a business entity. was always the case, the commercial name of the entity was followed by the name of its legal structure, either spelled out or abbreviated in lower case

Original brand manufacturer

An original brand manufacturer, or OBM, is typically a company that sells an entire product made by a second company or including a component from a second company sources as its own branded product. Selling the product of the second company unde ...

Partner development

Partner development is a customer-centric approach to business development. It draws from the customer development framework popularized by Steve Blank. Partner Development is a process by which a firm seeking to form partnerships approach potent ...

Pay grade

A pay grade is a unit in systems of monetary compensation for employment. It is commonly used in public service, both civil and military, but also for companies of the private sector. Pay grades facilitate the employment process by providing a fi ...

Performance domain

A performance domain is a construct of all the essential behaviors that should be exhibited by someone on specific job to achieve the goals set by the organization. It is determined by the judgments of the decision-makers of the organization afte ...

Plain vanilla

Plain vanilla is an adjective describing the simplest version of something, without any optional extras, basic or ordinary. In analogy with the common ice cream flavour vanilla, which became widely and cheaply available with the development of ar ...

Present value of benefits

Present value of benefits sometimes abbreviated as PVB, is a term used in cost-benefit analysis and project appraisal that refers to the discounted sum, or Present value, of a stream of benefits associated with a project or proposal.

QA/QC

QA/QC is the combination of quality assurance, the process or set of processes used to measure and assure the quality of a product, and quality control, the process of ensuring products and services meet consumer expectations. Quality assurance i ...

Quality policy

In quality management system, a quality policy is a document developed by management to express the directive of the top management with respect to quality. Quality policy management is a strategic item. Section 5.2 of the ISO 9001:2015 standard ...

Quote to cash

Quote-to-cash is an information technology term for the integration and automated management of end-to-end business processes on the sell side: Invoicing Contract lifecycle and order management Payment receipt. Pricing Product or Service Configur ...

Real estate settlement company

Real estate settlement companies work with the lenders and real estate agents of both the buyer and seller in order to facilitate the terms of a real estate contract. There can be confusion between real estate settlement companies and mortgage or ...

Rediscount

Rediscount can refer to either of two concepts in finance: discounting a debt instrument for a second time or a method of providing financing to a bank.

Rejection rate

In manufacturing, the rejection rate is the percentage of processed parts that are rejected, for a fixed period of time or lot of pieces. R = R e j e c t e d p i e c e s / P r o c e s e d P i e c e s ∗ 100 {\displaystyle RR=Rejectedpieces/Process ...

Sales transformation

Sales transformation is a change management discipline that enables company executives to improve sales performance by aligning resources that relate to sales, management, marketing, and customer service, or improving sales talent and sales opera ...

Self-enforcing agreement

A self-enforcing agreement is an agreement that is enforced only by the parties to it; no external party can enforce or interfere with the agreement. The agreement will stand so long as the parties believe it is mutually beneficial and it is not ...

Service–profit chain

The service–profit chain is the central concept in a theory of business management which links employee satisfaction to customer loyalty and profitability. It was proposed in an article in the Harvard Business Review in 1994 by James L. Heskett, ...

Single net lease

In the real estate industry within the United States a N Lease is one of the less widely utilized net lease structures, in which the tenant takes responsibility for some of the propertys real estate expenses in addition to their business operatin ...

Soft landing (economics)

A soft landing in the business cycle is the process of an economy shifting from growth to slow-growth to potentially flat, as it approaches but avoids a recession. It is usually caused by government attempts to slow down inflation. The criteria f ...

Specialist store

A specialty store is a shop/store that carries a deep assortment of brands, styles, or models within a relatively narrow category of goods. Furniture stores, florists, sporting goods stores, and bookstores are all specialty stores. Stores such as ...

Stock-taking

Stock-taking or "inventory checking" or "wall-to-wall" is the physical verification of the quantities and condition of items held in an inventory or warehouse. This may be done to provide an audit of existing stock. It is also the source of stock ...

Structural capital

Structural capital is one of the three primary components of intellectual capital, and consists of the supportive infrastructure, processes, and databases of the organisation that enable human capital to function. Structural capital is owned by a ...

Supply chain surplus

Supply chain surplus is the value addition by supply chain function of an organisation. It is calculated by the following formula: Supply chain surplus = Revenue generated from a customer - Total cost incurred to produce and deliver the product.

TPI-theory

The theory of TPI is an attempt to reconcile theoretical understanding of organizational socialization such as the process of integration. TPI-theory refers that new employees need to develop theoretical T and practical P skills towards the perfo ...

Trade rates

Trade Rates is a term commonly used in the Building and Trade Industry in the United Kingdom as a way of giving special rates for or from tradesman. Plumbers, Electricians or Builders are associated with the Term due to their close ties to the Tr ...