Business — page 14 of 36

Business terms

1301. Foreign parent group Consists of the foreign parent and the ultimate beneficial owner (UBO) of a U.S.
1302. Foreign parents See Foreign parent
1303. Foreign resident See Foreign residents
1304. Foreign residents Individuals, governments, business enterprises, trusts, associations, and nonprofit organizations that fulfill two criteria: (1) They have their center of…
1305. Foreign Transaction Fee A fee assessed by your financial institution for making a transaction at another financial institution or bank's ATM.
1306. Foreign Transaction Fees A fee assessed by your bank for making a transaction at another bank's ATM.
1307. Forfeiture The loss of money, property, rights, or privileges due to a breach of a legal obligation.
1308. Forged Check A check on which the drawer's signature has been forged.
1309. Forgery The fraudulent signing or alteration of another's name to an instrument such as a deed, mortgage, or check.
1310. Form 1099 Form 1099 is an IRS form used to report various types of income other than wages, salaries, and tips.
1311. Form ADV All investment advisory firms must register by filing a Form ADV either with the Securities and Exchange Commission if they manage $25 million or more in…
1312. Form ETA 9035 Form ETA 9035/9035E, Labor condition application (LCA), is a document that a prospective H-1B employer files with ETA when it seeks to employ nonimmigrant…
1313. Form I-129 Form I-129 is the petition filed with USCIS by a prospective H-1B employer seeking approval to employ an H-1B worker.
1314. Form I-797 Form I-797 is a notice of action issued by USCIS when it receives a visa petition from an employer for an H-1B nonimmigrant, approves the petition, or…
1315. Form W-2 Form W-2 is the form that an employer must send to an employee and the IRS at the end of the year.
1316. Form W-4, Employee's Withholding Allowance Certificate Completed by the employee and used by the employer to determine the amount of income tax to withhold.
1317. formal tax legislation process This is another term for a proportional tax.
1318. Formula investing When you invest on a set schedule, you're using a technique known as formula investing.
1319. Forward contract A forward contract is similar to a futures contract, in the sense that both types of contracts cover the delivery and payment for a specific commodity at…
1320. Forward price-to-earnings ratio Stock analysts calculate a forward price-to-earnings ratio, or forward P/E, by dividing a stock's current price by estimated future earnings per share.
1321. foster child A foster child is any child placed with a taxpayer by an authorized placement agency or by court order.
1322. Fourth market Institutional investors, including mutual fund companies and pension funds, who trade large blocks of securities among themselves are operating in what's…
1323. Fractional share If you reinvest your dividends or invest a fixed dollar amount in a stock dividend reinvestment plan (DRIP) or mutual fund, the amount may not be enough…
1324. Frame The stationary portion of a window unit that is affixed to the facade and holds the sash or other operable portions of the windows.
1325. franchise A legal agreement by which a company (franchisor) licenses its trade name and/or business system and practices for a fee to another (franchisee).
1326. Fraternal organization A society such as Moose, Shriners, Elks, Knights of Columbus, etc.
1327. Fraud Alert A key provision of the Fair and Accurate Credit Transactions Act of 2003 is the consumer's ability to place a fraud alert on their credit record.
1328. Freddie Mac Freddie Mac is a shareholder-owned corporation that was chartered in 1970 to increase the supply of mortgage money that lenders are able to make available…
1329. Free and clear Owning property free and clear is having title to a property without encumbrances; that is, free of liens.
1330. Free cash flow A business's free cash flow statement may differ significantly from its cash flow statement.
1331. Free Checks Number of free transactions allotted to the described account on a monthly basis. If this limit is exceeded, the per-item charge is assessed.
1332. Freedom of Information Act (FOIA) (FOIA) A Federal law that mandates that all the records created and kept by Federal agencies in the executive branch of government must be open for public…
1333. French door or French window A tall casement window that reaches to the floor, usually arranged in two leaves as a double door.
1334. Frequently Asked Questions (FAQ) (FAQ) On the Superfund Web site, you may search for frequently asked questions by topic or by typing in a keyword or phrase.
1335. Frequently Asked Questions About Contaminants Found at Hazardous Waste Sites (ToxFAQs) (ToxFAQs) ATSDR ToxFAQs is a series of summaries about hazardous substances being developed by the ATSDR Division of Toxicology.
1336. Frieze 1. The middle horizontal member of a classical entablature, above the architrave and below the cornice. 2.
1337. Fringe benefits Fringe benefits include the opportunity to participate in programs such as: health, life, disability and other insurance plans; retirement and savings…
1338. Front End Ratio A percentage comparing a borrower's total monthly cost to buy a house (mortgage principal and interest, insurance, and real estate taxes) to monthly…
1339. Front-end load A sales charge levied on the purchase of mutual fund units.
1340. Frontrunning If you trade stock or other investments because you know that an upcoming transaction by a third party is likely to affect the market price of the…
1341. Frozen Account An account on which funds may not be withdrawn until a lien is satisfied and a court order or other legal process makes the account available for…
1342. FSBO (For Sale by Owner) A home that is offered for sale by the owner without the benefit of a real estate professional.
1343. Full faith and credit Federal and municipal governments can promise repayment of debt securities they issue because they can raise money through taxes, borrowing, and other…
1344. Full Replacement Policy A homeowner's policy that pays the full replacement cost, up to the policy maximum, to repair or restore damaged property.
1345. Full Tort With a Full Tort selection, you retain unrestricted rights to bring suit against the negligent party.
1346. Full-service brokerage firm Full-service brokerage firms usually offer their clients a range of services in addition to executing their buy and sell orders.
1347. Full-time equivalent employees Full-time equivalent employees include only persons employed by the employer and do not include bona fide consultants and independent contractors.
1348. Fully Amortized Mortgage A mortgage in which the monthly payments are designed to retire the obligation at the end of the mortgage term.
1349. Fund family A fund family, or family of funds, is a group of mutual funds controlled by a single investment company, bank, or other financial institution.
1350. Fund network Fund networks, sometimes called fund supermarkets, offer access to thousands of different mutual funds from many of the major fund families.
1351. Fund of funds (FOF) A fund of funds is a pooled investment, such as a mutual fund or a hedge fund, whose underlying investments are other funds rather than individual…
1352. Fundamental analysis Fundamental analysis is one of two primary methods for analyzing a stock's potential return.
1353. Funds Receivable Filers and their spouses and dependent children may also serve as the lender for a loan, which is a receivable account.
1354. Funeral Benefit This coverage pays, up to a certain dollar amount, money for funeral expenses if you or a family member dies as a result of an auto accident.
1355. Fungible When two or more things are interchangeable, can be substituted for each other, or are of equal value, they are described as fungible.
1356. Furnisher An entity that provides information about a consumer to a consumer reporting agency for inclusion in a consumer report.
1357. Futures Contracts to buy or sell specific quantities of a commodity or financial instrument at a specified price with delivery set at a specified time in the…
1358. Futures Commission Merchant (FCM) A futures commission merchant (FCM) is a person or a firm that acts as an agent to execute buy or sell orders for futures contracts or commodity options.
1359. Futures contract Futures contracts, when they trade on regulated futures exchanges, obligate you to buy or sell a specified quantity of the underlying product for a…
1360. Futures exchange Traditionally, futures contracts and options on those contracts have been bought and sold on a futures exchange, or trading floor, in a defined physical…
1361. Gable The upper portion of an end wall formed by the slope of a roof.
1362. Gainer Stocks that increase in value over the course of the trading day are described as gainers or advancers.
1363. Galvanized Iron Iron that has been coated with zinc to inhibit rusting.
1364. Gap Insurance Insurance coverage that pays the difference between what you owe on your auto loan and your totaled car’s actual cash value.
1365. Garn-St. Germain Depository Institutions Act Legislation enacted in 1982 that provided the thrift industry more flexibility in managing assets and liabilities.
1366. Garnishment Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds…
1367. Garnishment/Garnish A legal process that allows a creditor to remove funds from your bank account to satisfy a debt that you have not paid.
1368. gasoline excise tax An excise tax paid by consumers when they purchase gasoline. The tax covers the manufacture, sale, and use of gasoline.
1369. GDI See Gross domestic income (GDI)
1370. GDP See Gross domestic product (GDP)
1371. GDP by state See Gross domestic product (GDP) by state
1372. GDP price index See Gross domestic product (GDP) price index
1373. GDP-by-industry accounts See Gross domestic product (GDP)-by-industry accounts
1374. General account A general account is a deposit account. In the insurance industry, a general account is the account into which all incoming funds, except those designated…
1375. General Agreement on Tariffs and Trade (GATT) A General Agreement on Tariffs and Trade was signed in 1947 to provide an international forum to encourage free trade, reduce tariffs, and provide a…
1376. General Contractor A person who oversees a home improvement or construction project and handles various aspects such as scheduling workers and ordering supplies.
1377. General government sector Includes production by all Federal, state, and local government agencies except for government enterprises.
1378. General obligation (GO) bond State and local governments issue general obligation (GO) municipal bonds and pay the interest and repay the principal from general revenues.
1379. General partnership A partnership made up of general partners, without special (limited) partners; that is, no partner's liability is limited.
1380. geocode Geocode refers to the combination of applicable codes for the metropolitan area, state, county and census tract.
1381. Gift A payment, advance, forbearance, rendering, or deposit of money, or anything of value, unless consideration of equal or greater value is received by the…
1382. Gift Letter A letter that a family member writes verifying that s/he has given you a certain amount of money as a gift and that you don't have to repay it.
1383. Gift tax A gift tax is a tax on the combined total value of the taxable gifts you make that exceed your lifetime federal tax-exempt limit of $1 million.
1384. Gilt-edged security When the term gilt-edged is applied to bonds, it's the equivalent of describing a stock as a blue chip.
1385. Ginnie Mae Nickname for Government National Mortgage Association (GNMA).
1386. Glazing The material, usually glass, that fills spaces between sash members (rails, stiles and muntins), commonly referred to as panes or lights.
1387. Glazing Bar See mullion.
1388. Global Debt Facility Designed to allow investors all over the world to purchase debt (loans) of U.S. dollar and foreign currency through a variety of clearing systems.
1389. Global depositary receipt (GDR) To raise money in more than one market, some corporations use global depositary receipts (GDRs) to sell their stock on markets in countries other than the…
1390. Global fund Global, or world, mutual funds invest in US securities as well as those of other countries.
1391. GNP See Gross national product (GNP)
1392. Go long When you go long, you buy a security or other financial product that you intend to hold for a period of time or one that you expect to increase in value…
1393. Go public A corporation goes public when it issues shares of its stock in the open market for the first time, in what is known as an initial public offering (IPO).
1394. Go short When you enter a futures contract that commits you to sell or deliver the underlying product, you go short or have a short position.
1395. Gold standard The gold standard is a monetary system that measures the relative value of a currency against a specific amount of gold.
1396. Good 'til canceled (GTC) If you want to buy or sell a security at a specific price, you can ask your broker to issue a good 'til canceled (GTC) order.
1397. Good Driver Plan A rating program offered by some insurance companies that reduces your premium if you have had no accidents or traffic violations within a specified time…
1398. Good faith deposit A good faith deposit is a sum of money provided by a buyer to a seller, which demonstrates the buyer's intention to purchase.
1399. Good faith estimate A good faith estimate is a written summary provided by your mortgage lender. It shows the amount you can expect to pay at your real estate closing to…
1400. Good Faith Estimate (GFE) (GFE) A document which tells borrowers the approximate costs they will pay at or before settlement, based on common practice in the locality.