The price a certain class of good or service is typically sold for. Average selling price is affected by the type of product and the product life cycle…

1. For credit card vendors, a business's average ticket refers to a way of computing the average size of its individual sales by credit card.2. For broker…

The process of buying additional shares at higher prices. This raises the average price that the investor pays for all the shares. In the context of short…

A costing method by which the value of a pool of assets or expenses is assumed to be equal to the average cost of the assets or expenses in the pool…

The IRS criteria used to establish whether or not you are within commuting distance from home. If you work away from home for longer than a normal workday…

A nickname given to the hypothetical companies that would have formed if the Justice Department had broken up Microsoft Corporation. Using the first…

A type of futures contract that expires in any month past the front month futures contract. The price of the first back month futures contract is often…

A slang term that refers to the representation of the basic components of a business model excluding any fine details. It incorporates only the core ideas…

Administration and support personnel in a financial services company. They carry out functions like settlements, clearances, record maintenance, regulatory…

A fee (sales charge or load) that investors pay when selling mutual fund shares within a specified number of years, usually five to 10 years. The fee…

A loan in which two companies in different countries borrow offsetting amounts from one another in each other's currency. The purpose of this transaction…

The total value of sales orders waiting to be filled. This figure is used mainly in the manufacturing industry. Increases or decreases in a company's…

A cost incurred by a business when it is unable to fill an order and must complete it later. A backorder cost can be discrete, as in the cost to replace…

A form of vertical integration that involves the purchase of suppliers in order to reduce dependency. A good example would be if a bakery business bought…

A theory developed in respect to the price of a futures contract and the contract's time to expire. Backwardation says that as the contract approaches…

A debt that is not collectible and therefore worthless to the creditor. This occurs after all attempts are made to collect on the debt. Bad debt is usually…

The contractual transfer of possession of assets or property for a specific objective. In bailment, the deliverer of the asset is the bailor, and the…

A fund that combines a stock component, a bond component and, sometimes, a money market component, in a single portfolio. Generally, these hybrid funds…

A portfolio allocation and management method aimed at balancing risk and return. Such portfolios are generally divided equally between equities and fixed-income…

A performance metric used in strategic management to identify and improve various internal functions and their resulting external outcomes. The balanced…

A shipping and trade index created by the London-based Baltic Exchange that measures changes in the cost to transport raw materials such as metals, grains…

The data transfer capacity of a network. It is measured in bits per second. If your Internet connection is slower than a three-toed sloth, it's probably…

A commercial institution licensed as a receiver of deposits. Banks are mainly concerned with making and receiving payments as well as supplying short…

An organization owned by financial institutions that licenses bank credit card programs. The Bank Card Association also performs operational functions…

A guarantee from a lending institution ensuring that the liabilities of a debtor will be met. In other words, if the debtor fails to settle a debt, the…

The rate at which central banks lend funds to national banks. A central bank adjusts the supply of currency within national borders by adjusting the…

Forms of payment that are accepted at financial institutions. Retailers and other organizations that directly accept payments from customers typically…

A committee established in 1970 to standardize, automate and streamline stock certificate and options processing. The Banking and Securities Industry…

An agreement made between a company planning a takeover and a bank, which prevents the bank from financing any other potential acquirer's bid.Bankmail…

A legal proceeding involving a person or business that is unable to repay outstanding debts. The bankruptcy process begins with a petition filed by the…

The risk that a company will be unable to meet its debt obligations. Often referred to as "default" or "insolvency risk". This is a risk that both equity…

A common form of advertising on the internet. The banner is an advertisement of 460x68 pixels, usually placed at the top of the page For an example…

The act of a vessel's captain or crew knowingly endangering the vessel's cargo and/or the vessel itself. Acts that are considered barratry include intentionally…

A term that is used often in conjunction with the production or distribution of oil. One barrel of oil is generally deemed to have the same amount of…

A confidence indicator calculated by dividing the average yield on high-grade bonds by the average yield on intermediate-grade bonds. The discrepancy…

A benchmark used as a basis for comparison. Baselines are typically used for measuring something. For instance, when a company wants to measure the success…

A category of stocks that accounts for companies involved with the discovery, development and processing of raw materials. The basic materials sector includes…

A pricing system in which the buyer pays a base price plus a set shipping price depending on the distance from a specific location. The basing point pricing…

1. The variation between the spot price of a deliverable commodity and the relative price of the futures contract for the same actual that has the shortest…

A type of swap in which two parties swap variable interest rates based on different money markets. This is usually done to limit interest-rate risk that…

The risk that offsetting investments in a hedging strategy will not experience price changes in entirely opposite directions from each other. This imperfect…

A standard record of information regarding the transfer of a group of data (a batch), usually within the banking field. The batch header record contains…

A statistical measure used to measure an investment manager's ability to meet or beat an index. Batting average is calculated by dividing the number of…

1.The street in Toronto where the Toronto Stock Exchange (TSE) is located. 2. The collective name for the financial institutions in Toronto including…

The currency abbreviation or currency symbol for the Barbados dollar (BBD). The Barbados dollar is made up of 100 cents, and is often presented with the…

A graphical approach to resource allocation within a multi-segmented corporation. The growth-share matrix analyzes different divisions within a corporation…

A certificate of deposit whose interest rate fluctuates in inverse correlation to the value of an underlying market index. In other words, the interest…

A market condition in which the prices of securities are falling, and widespread pessimism causes the negative sentiment to be self-sustaining. As investors…

A fall in the price of a stock, sector, or market, or investor sentiment that assumes a fall will happen soon. A bear tack is usually used to describe…

A security not registered in the issuing corporation's books but that is payable to its bearer (the person possessing it). Securities can be issued in…