Business — page 2 of 36

Business terms

101. Aggrieved party Aggrieved party means a person or entity whose operations or interests are adversely affected by the employer's alleged non-compliance with the labor…
102. Agreement of sale Same or similar to "contract to purchase." See "contract to purchase" under "mortgage."
103. AICPA PFP Designation for an American Institute of Certified Public Accountants (AICPA) Professional Financial Planner.
104. All or none order (AON) When a trading order is marked AON, the broker who is handling the order must either fill the whole order or not fill it at all.
105. All-inclusive deed of trust Similar to a "wraparound mortgage." See also "wraparound mortgage."
106. Alpha A stock's alpha is an analyst's estimate of its potential price increase based on the rate at which the company's earnings are growing and other aspects…
107. Alt-A Mortgages A classification of mortgages in which the risk profile falls between prime and subprime.
108. Alteration Any change involving an erasure or rewriting in the date, amount, or payee of a check or other negotiable instrument.
109. Alternate Designated Agency Ethics Official (ADAEO) The official selected by the agency head to act in the capacity of the Designated Agency Ethics Official in the event of his/her absence.
110. Alternative employment Alternative employment is a bona fide offer of a similar employment opportunity with the same employer or secondary employer, at equivalent or higher…
111. Alternative minimum tax (AMT) The alternative minimum tax (AMT) was designed to ensure that all taxpayers pay at least the minimum federal income tax for their income level, no matter…
112. Alternative mortgage instrument (AMI) Any mortgage other than a fixed interest rate, level payment, amortizing loan. Includes variable rate mortgages, rollover loans, graduated payment…
113. Amended A financial disclosure report that has been changed and eSigned by the filer after the filer has submitted the report.
114. Amended Date Date that a filer eSigned again, changes made to a report that was previously submitted.
115. Amendment in Progress A financial disclosure report that is Under Review and currently being changed by the filer.
116. amenities Features of your home that fit your preferences and can increase the value of your property.
117. Amenity A feature of the home or property that serves as a benefit to the buyer but that is not necessary to its use; may be natural (like location, woods, water)…
118. American Association of Individual Investors (AAII) The goal of this independent, nonprofit organization is teaching individual investors how to manage their assets effectively.
119. American depositary receipt (ADR) Shares of hundreds of major overseas-based companies, including names such as British Petroleum, Sony, and Toyota, are traded as ADRs on US stock markets…
120. American depositary share (ADS) When a company based overseas wants to sell its shares in the US markets, it can offer them through a US bank, which is known as the depositary.
121. American Recovery and Reinvestment Act of 2009 Enacted in 2009, this Act authorized a series of measures intended to create jobs and promote investment and consumer spending.
122. American Society of Home Inspectors The American Society of Home Inspectors is a professional association of independent home inspectors. Phone(800) 743-2744
123. American Stock Exchange (AMEX) The AMEX is the second-largest floor-based stock exchange in the US after the New York Stock Exchange (NYSE).
124. 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.
125. Americans with Disabilities Act (ADA) (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.).
126. 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.
127. amount due Money that taxpayers must pay to the government when the total tax is greater than their total tax payments
128. Analyst A financial analyst tracks the performance of companies and industries, evaluates their potential value as investments, and makes recommendations on…
129. annual For FDM purposes, you are an annual filer if last year you filed an OGE Form 450 (or an OGE Form 450-A).
130. 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…
131. Annual cap See: cap.
132. Annual fee A yearly fee that may be charged for having a credit card. Some card issuers assess the fee in monthly installments.
133. Annual I-O accounts See Annual input-output (I-O) accounts
134. 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…
135. Annual input-output accounts See Annual input-output (I-O) accounts
136. Annual Mortgagor Statement Yearly statement to borrowers detailing the remaining principal and amounts paid for taxes and interest.
137. 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.
138. Annual Percentage Rate (APR) (APR) The cost of credit on a yearly basis, expressed as a percentage.
139. Annual Percentage Yield (APY) (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…
140. 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…
141. 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…
142. Annual report By law, each publicly held corporation must provide its shareholders with an annual report showing its income and balance sheet.
143. 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…
144. 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…
145. 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…
146. Annuity A life insurance contract sold by insurance companies, brokers, and other financial institutions. It is usually sold as a retirement investment.
147. Annuity principal The annuity principal is the sum of money you use to buy an annuity and the base on which annuity earnings accumulate.
148. 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…
149. Appeal To call for a review of an IRS decision or proposed adjustment.
150. Applicant Ethnicity Ethnicity of the applicant. This is reported for originated loans and for loan applications that do not result in an origination.
151. Applicant Race Race of the applicant. This is reported for originated loans and for loan applications that do not result in an origination.
152. Applicant Sex Sex of the applicant. This is reported for originated loans and for loan applications that do not result in an origination.
153. 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…
154. Application Fee A fee charged when you apply for a credit card.
155. 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.
156. 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…
157. Appraisal The act of evaluating and setting the value of a specific piece of personal or real property.
158. Appraisal Fee The charge for estimating the value of property offered as security.
159. Appraised Value An estimation of the current market value of a property.
160. 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.
161. 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…
162. 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.
163. 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…
164. 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.
165. Architect An individual, partnership, corporation or other legal entity licensed to practice the profession of architecture under the education law of the State of…
166. 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…
167. 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…
168. Arithmetic index An arithmetic index gives equal weight to the percentage price change of each stock that's included in the index.
169. ARM See: adjustable rate mortgage.
170. 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.
171. As-is Condition The purchase or sale of a property in its existing condition without repairs.
172. 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…
173. 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.
174. Asking Price A seller's stated price for a property.
175. Assessed Value Typically the value placed on property for the purpose of taxation.
176. Assessment Charges levied against a property for tax purposes or to pay for municipal or association improvements such as curbs, sewers, or grounds maintenance.
177. Assessments The method of placing value on an asset for taxation purposes.
178. Assessor A public official who establishes the value of a property for taxation purposes.
179. Asset Anything owned that has value; any interest in real property or personal property that can be used for payment of debts.
180. Asset Allocation An investment strategy that divides assets among major asset categories such as stocks, bonds, or cash, usually balancing risk and creating…
181. Asset Backed Securities Financial instruments collateralized by one or more types of assets including real property, mortgages, and receivables.
182. Asset class Different categories of investments are described as asset classes. Stock, bonds, and cash - including cash equivalents - are major asset classes.
183. Asset Classes A type of investment, such as stocks, bonds, or cash equivalents.
184. 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…
185. 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…
186. 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…
187. Assets What a firm or individual owns.
188. 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…
189. 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…
190. 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…
191. Assignment of Mortgage A document evidencing the transfer of ownership of a mortgage from one person to another.
192. 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.
193. Assumable Mortgage A mortgage loan that can be taken over (assumed) by the buyer when a home is sold.
194. Assumption A homebuyer's agreement to take on the primary responsibility for paying an existing mortgage from a home seller.
195. Assumption Clause A provision in the terms of a loan that allows the buyer to take legal responsibility for the mortgage from the seller.
196. Assumption Fee A fee a lender charges a buyer who will assume the seller's existing mortgage.
197. Assumption of mortgage Agreement by a buyer to assume the liability under an existing loan secured by a mortgage or deed of trust.
198. 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…
199. ATM Card Card used primarily for withdrawing funds, depositing funds or making a balance inquiry at an automated teller machine (ATM).
200. ATM surcharge The fee that the institution charges to non-account holders for use of its automated teller machines (ATMs).