2 Terms
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Finance
Industry: Financial services
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Finance
trophy asset
Financial services; Finance
A particularly valuable or important asset that a company owns. For example, a car manufacturer's three best producing factories may be considered its marquee assets. A marquee asset is also called a ...
passive income
Financial services; Finance
Funds added to one's account or income in general not based on work, can be credit tax of funds in an account.
financial turmoil
Financial services; Finance
Turmoil is defined as a state of great commotion, confusion, or disturbance; tumult; agitation; disquiet: mental turmoil caused by difficult decisions. Financial turmoil refers to chaos in the ...
subprime loan
Financial services; Finance
A type of loan that is offered at a rate above prime to individuals who do not qualify for prime rate loans.Subprime loans tend to have a higher interest rate than the prime rate offered on ...
operating reserve
Financial services; Finance
Funds set aside annually to be used to offset possible operating losses due to unexpectedly low revenue or high operating costs.
general conditions
Financial services; Finance
The portion of the construction contract document in which the rights, responsibilities, and relationships of the involved parties are itemized.
