Business terms starting with A

209 terms

American-style option A listed option that you can exercise at any point between the day you purchase it and its expiration date is called an American style option.
Americans with Disabilities Act (ADA) Americans with Disabilities Act establishes a clear and comprehensive prohibition of discrimination on the basis of disability. (42 U.S.C. 12101 et seq.).
Amortization The process of reducing debt through regular installment payments of principal and interest that will result in the payoff of a loan at its maturity.
amount due Money that taxpayers must pay to the government when the total tax is greater than their total tax payments
Analyst A financial analyst tracks the performance of companies and industries, evaluates their potential value as investments, and makes recommendations on…
annual For FDM purposes, you are an annual filer if last year you filed an OGE Form 450 (or an OGE Form 450-A).
annual and semi-annual reports Also known as financial statements. These are the reports a mutual fund company sends to its unit holders which describe the fund's performance over the…
Annual cap See: cap.
Annual fee A yearly fee that may be charged for having a credit card. Some card issuers assess the fee in monthly installments.
Annual I-O accounts See Annual input-output (I-O) accounts
Annual input-output (I-O) accounts Set of I-O tables-make table, use table, direct requirements table, and total requirements tables-that are an update of the most recent benchmark I-O…
Annual input-output accounts See Annual input-output (I-O) accounts
Annual Mortgagor Statement Yearly statement to borrowers detailing the remaining principal and amounts paid for taxes and interest.
annual percentage rate (A.P.R.) The actual interest rate, taking into account points and other finance charges, for the projected life of a mortgage.
Annual Percentage Rate (APR) The cost of credit on a yearly basis, expressed as a percentage.
Annual Percentage Yield (APY) A percentage rate reflecting the total amount of interest paid on a deposit account based on the interest rate and the frequency of compounding for a…
Annual Post-Employment Certification and Notification DoD personnel who file Public Financial Disclosure Reports (SF 278) must certify annually that they are aware of the disqualification and employment…
Annual renewable term insurance If your term life insurance is an annual renewable policy, you can renew your coverage each year without filling out a new application or passing a…
Annual report By law, each publicly held corporation must provide its shareholders with an annual report showing its income and balance sheet.
Annuitant An annuitant is a person who receives income from an annuity. If you receive a distribution from an annuity that you or your employer buys with your…
Annuitization Annuitization means that you convert part or all of the money in a qualified retirement plan or nonqualified annuity contract into a stream of regular…
Annuitize When you annuitize, you choose to convert the assets in your deferred annuity or other retirement savings account into a stream of regular income payments…
Annuity A life insurance contract sold by insurance companies, brokers, and other financial institutions. It is usually sold as a retirement investment.
Annuity principal The annuity principal is the sum of money you use to buy an annuity and the base on which annuity earnings accumulate.
Annuity unit Annuity units are the shares you own in variable annuity subaccounts, also called annuity funds or separate account funds, during the period you're…
Appeal To call for a review of an IRS decision or proposed adjustment.
Applicant Ethnicity Ethnicity of the applicant. This is reported for originated loans and for loan applications that do not result in an origination.
Applicant Race Race of the applicant. This is reported for originated loans and for loan applications that do not result in an origination.
Applicant Sex Sex of the applicant. This is reported for originated loans and for loan applications that do not result in an origination.
Application Under the Equal Credit Opportunity Act (ECOA), an oral or written request for an extension of credit that is made in accordance with the procedures…
Application Fee A fee charged when you apply for a credit card.
Application Received Date The date the application was received or the date shown on the application form. For purchased loans, "NA" for not applicable is reported.
Appointment or Nomination Date The date the filer entered a covered position or the President nominated them. The promotion date (not the frocking date) is the appointment date for…
Appraisal The act of evaluating and setting the value of a specific piece of personal or real property.
Appraisal Fee The charge for estimating the value of property offered as security.
Appraised Value An estimation of the current market value of a property.
Appraiser The person who evaluates the damage caused by an accident or other covered loss and determines the amount to be paid under the policy terms.
Appreciation When an asset such as stock, real estate, or personal property increases in value without any improvements or modification having been made to it, that's…
Approved charge With traditional fee-for-service health insurance, the insurance company sets an approved or allowable amount for each medical procedure or office visit.
Arbitrage Arbitrage is the technique of simultaneously buying at a lower price in one market and selling at a higher price in another market to make a profit on the…
Arbitration The process in which a third-party arbiter examines facts presented by both you and the insurance company when you disagree about a settlement offer.
Architect An individual, partnership, corporation or other legal entity licensed to practice the profession of architecture under the education law of the State of…
Architrave 1. The lowest part of a classical entablature. 2. A molding enframing an opening such as a window or areaway or the open space between a rowhouse and the…
Area of intended employment Area of intended employment means the area within normal commuting distance of the place (address) of employment where the H-1B nonimmigrant is or will be…
Arithmetic index An arithmetic index gives equal weight to the percentage price change of each stock that's included in the index.
ARM See: adjustable rate mortgage.
Armature A metal structural support for a rigid projecting sign. The armature may support the bracket sign by means of one or two projecting arms.
As-is Condition The purchase or sale of a property in its existing condition without repairs.
asbestos A toxic material that was once used in housing insulation and fireproofing. Because some forms of asbestos have been linked to certain lung diseases, it…
Ask The ask price (a shortening of asked price) is the price at which a market maker or broker offers to sell a security or commodity.
Asking Price A seller's stated price for a property.
Assessed Value Typically the value placed on property for the purpose of taxation.
Assessment Charges levied against a property for tax purposes or to pay for municipal or association improvements such as curbs, sewers, or grounds maintenance.
Assessments The method of placing value on an asset for taxation purposes.
Assessor A public official who establishes the value of a property for taxation purposes.
Asset Anything owned that has value; any interest in real property or personal property that can be used for payment of debts.
Asset Allocation An investment strategy that divides assets among major asset categories such as stocks, bonds, or cash, usually balancing risk and creating…
Asset Backed Securities Financial instruments collateralized by one or more types of assets including real property, mortgages, and receivables.
Asset class Different categories of investments are described as asset classes. Stock, bonds, and cash - including cash equivalents - are major asset classes.
Asset Classes A type of investment, such as stocks, bonds, or cash equivalents.
Asset Management Account An asset management account, offered by a brokerage house, bank, or savings and loan, combines a number of financial services, such as checking, money…
Asset management account (AMA) All-in-one asset management accounts provide the financial advantages of an investment account combined with the convenience of an interest-bearing…
Asset-backed bond Asset-backed bonds, also known as asset-backed securities, are secured by loans or by money owed to a company for merchandise or services purchased on…
Assets What a firm or individual owns.
Assign We assign your credit card contract if we sell or pass to a third party any or all of our rights or obligations under the contract, including any amount…
Assigned Risk Plan The North Dakota Automobile Insurance Plan is a state-supervised insurance plan available to persons who are unable to obtain such insurance coverage in…
Assignment Assignment occurs when someone who has written, or sold, a listed option receives a notice that the option has been exercised and he or she must fulfill…
Assignment of Mortgage A document evidencing the transfer of ownership of a mortgage from one person to another.
Assumable loan A mortgage loan that allows a buyer to undertake the preexisting obligation and liability of the loan, often with no change in loan terms.
Assumable Mortgage A mortgage loan that can be taken over (assumed) by the buyer when a home is sold.
Assumption A homebuyer's agreement to take on the primary responsibility for paying an existing mortgage from a home seller.
Assumption Clause A provision in the terms of a loan that allows the buyer to take legal responsibility for the mortgage from the seller.
Assumption Fee A fee a lender charges a buyer who will assume the seller's existing mortgage.
Assumption of mortgage Agreement by a buyer to assume the liability under an existing loan secured by a mortgage or deed of trust.
At-the-money At-the-money is another way of saying at the current price. Options whose exercise price is the same or almost the same as the current market price of the…
ATM Card Card used primarily for withdrawing funds, depositing funds or making a balance inquiry at an automated teller machine (ATM).
ATM surcharge The fee that the institution charges to non-account holders for use of its automated teller machines (ATMs).
Attestation Attestation means the H-1B employer's agreement to the labor condition statements, which are specifically identified in Form ETA 9035 as well as set forth…
Attorney General Attorney General means the chief official of the U.S. Department of Justice or the Attorney General's designee.
Auction market Auction market trading, sometimes known as open outcry, is the way the major exchanges, such as the New York Stock Exchange (NYSE) and the Chicago…
Audit An audit is a professional, independent examination of a company's financial statements and accounting documents following generally accepted accounting…
Audit committee The corporate audit committee is the liaison between the company's management, the board of directors, internal and external auditors, and any other…
Authorization The issuance of approval, by a credit card issuer, merchant, or other affiliate, to complete a credit card transaction.
Authorization to Proceed (ATP) A letter from LPC notifying an applicant that certain work types, such as the installation of air conditioners or replacement windows, conform with the…
Authorized agent and authorized representative Authorized agent and authorized representative mean an official of the employer who has the legal authority to commit the employer to the statements in…
Authorized charge An authorized charge is any charge that you or any authorized user makes on the account, and any fees and interest charges owing on the account.
Authorized IRS e-file Provider A business authorized by the IRS to participate in the IRS e-file Program. The business may be a sole proprietorship, a partnership, a corporation, or an…
Authorized user If you ask us to issue a credit card on this account to another person, he or she is an authorized user.
Auto Replacement Coverage A supplemental auto insurance coverage that guarantees your car will be completely repaired or replaced, even if the costs exceed its depreciated value.
Automated Clearing House (ACH) A computerized facility used by member depository institutions to electronically combine, sort, and distribute inter-bank credits and debits.
Automated Teller Machine (ATM) A machine, activated by a magnetically encoded card or other medium, that can process a variety of banking transactions.
Automated Underwriting An automated process performed by a technology application that streamlines the processing of loan applications and provides a recommendation to the…
Automatic Bill Payment A checkless system for paying recurring bills with one authorization statement to a financial institution.
Automatic enrollment Your employer has the right to sign you up for your company's 401(k) plan, in what's known as an automatic enrollment.
Automatic exercise If you hold a call option, automatic exercise may occur if the contract is in-the-money by a certain amount.
Automatic Premium Loan A provision in a life insurance policy that any premium not paid by the end of the grace period (usually 31 days) will be automatically paid by a policy…
Automatically Protected As of May 1, 2011, up to two months of Federal benefits such as Social Security benefits, Supplemental Security Income benefits, Veteran’s benefits…
Availability Date The date on which checks payable at local or non-local banks are considered to be collected and available for customers' withdrawal.
Availability Policy Bank's policy as to when funds deposited into an account will be available for withdrawal.
Available Balance The balance of an account less any hold, uncollected funds, and restrictions against the account.