Usually a type of payable debt (like mortgages, business loans, etc.) which carry a term that exceeds one year.

Another name for a sequential name file. Contrasted with a database file (not flat because of the indexes).

To trick someone out of a lot of money.

A budget that flexes with volume. Under a flexible budget the budgeted amount of manufacturing overhead will increase if the […]

The time between when a check is written and when the check clears the bank account on which it is […]

A quantity measured per unit of time, such as annual income or hourly wage.

A group of customers who are assembled together by an advertising agency in a conference room to discuss a particular […]

A requirement that customers purchase multiple products in order to receive a desired item. For instance, many laptop manufacturers bundle […]

Ownership and substantial control over assets in a foreign country. See also: foreign portfolio investment.

The acquisition of bonds or shares in a foreign country where the holdings of the foreign assets are not sufficiently […]