Nouns denoting possession and transfer of possession

banking: a time draft drawn on and accepted by a bank
(civil law) the right to all of that which your property produces whether by growth or improvement
something added to what you already have
account book
a record in which commercial accounts are recorded
a statement of recent transactions and the resulting balance
accounting entry
a written record of a commercial transaction
a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
accounts payable
a debtor's accounts of money he owes; normally arise from the purchase of products or services
accounts receivable
a creditor's accounts of money owed to him; normally arise from the sale of products or services
(law) an increase in a beneficiary's share in an estate (as when a co-beneficiary dies or fails to meet some condition or rejects the inheritance)
accrual basis
a method of accounting in which each item is entered as it is earned or incurred regardless of when actual payments are received or made
(finance) profits that are not paid out as dividends but are added to the capital base of the corporation
something acquired
extensive landed property (especially in the country) retained by the owner for his own use
active trust
a trust in which the trustee must perform certain duties
actual damages
(law) compensation for losses that can readily be proven to have occurred and for which the injured party has the right to be compensated
adjusting entry
an accounting entry made at the end of an accounting period to allocate items between accounting periods
an amount added or deducted on the basis of qualifying circumstances
the fee charged for admission
advance death benefit
a percentage of death benefits paid directly to policy holders having a short life expectancy (usually 6 months)
an amount paid before it is earned
agency security
a security issued by United States government agencies or the Farm Credit System
a fee charged for exchanging currencies
gift of money or other material help to support a person or cause
the fare charged for traveling by airplane
court-ordered support paid by one spouse to another after they are separated
a share set aside for a specific purpose
an amount allowed or granted (as during a given period)
a sum granted as reimbursement for expenses
a reserve fund created by a charge against profits in order to provide for changes in the value of a company's assets
a sum of money paid in compensation for loss or injury
things that make you comfortable and at ease
money extracted as a penalty
American plan
a hotel plan that includes three meals daily
a quantity of money
analytical review
an auditing procedure based on ratios among accounts and tries to identify significant changes
a fee for anchoring
annuity in advance
an annuity paid in a series of more or less equal payments at the beginning of equally spaced periods
income from capital investment paid in a series of regular payments
(poker) the initial contribution that each player makes to the pot
anti-dumping duty
a tariff imposed to prevent dumping
any customary and rightful perquisite appropriate to your station in life
a grant (by a sovereign or a legislative body) of resources to maintain a dependent member of a ruling family
money set aside (as by a legislature) for a specific purpose
money given by a buyer to a seller to bind a contract
an unpaid overdue debt
artisan's lien
lien permitting an artisan to retain possession of a piece of work until has been paid for
asking price
the price at which something is offered for sale
an amount determined as payable
anything of material value or usefulness that is owned by a person or company
(law) a transfer of property by deed of conveyance
a British term for some kinds of insurance
compensation for a wrong
an inspection of the accounting procedures and records by a trained accountant or CPA
authorized shares
the maximum number of shares authorized under the terms of a corporation's articles of incorporation
auto loan
a personal loan to purchase an automobile
automobile insurance
insurance against loss due to theft or traffic accidents
something given for victory or superiority in a contest or competition or for winning a lottery
financial resources provided to make some project possible
something kept back or saved for future use or a special purpose
a relatively small amount of money given for services rendered (as by a waiter)
bad check
a check that is dishonored on presentation because of insufficient funds
bad debt
a debt that is unlikely to be repaid
(criminal law) money that must be forfeited by the bondsman if an accused person fails to appear in court for trial
equality between the totals of the credit and debit sides of an account
the difference between the totals of the credit and debit sides of an account
balance of international payments
a system of recording all of a country's economic transactions with the rest of the world over a period of one year
balance of trade
the difference in value over a period of time of a country's imports and exports of merchandise
balance sheet
a record of the financial situation of an institution on a particular date by listing its assets and the claims against those assets
balanced budget
a budget is balanced when current expenditures are equal to receipts
the funds held by a gambling house or the dealer in some gambling games
a supply or stock held in reserve for future use (especially in emergencies)
bank account
a fund that a customer has entrusted to a bank and from which the customer can make withdrawals
bank card
a credit card issued by a bank
bank check
a written order directing a bank to pay money
bank deposit
money deposited in a bank or some similar institution
bank discount
interest on an annual basis deducted in advance on a loan
bank draft
a draft drawn by a bank against funds deposited in another bank
bank line
the maximum credit that a customer is allowed
bank loan
a loan made by a bank; to be repaid with interest on or before a fixed date
bank rate
the discount rate fixed by a central bank
a record of deposits and withdrawals and interest held by depositors at certain banks
banker's check
a letter of credit issued by a bank or express company that is payable on presentation to any correspondent of the issuer
a roll of currency notes (often taken as the resources of a person or business etc.)
an advantageous purchase
the estate of a baron
base rate
the interest rate set by the Bank of England for lending to other banks
an old Scottish coin of little value
bearer bond
a bond issued with detachable coupons that must be presented to the issuer for interest payments
something owned; any tangible or intangible possession that is owned by someone
a contribution of money or assistance
an endowed church office giving income to its holder
financial assistance in time of need
(law) a gift of personal property by will
Bermuda plan
a hotel plan that provides a full breakfast daily
a gift that is bestowed or conferred
the money risked on a gamble
a gold coin of the Byzantine Empire; widely circulated in Europe in the Middle Ages
bid price
(stock market) the price at which a broker is willing to buy a certain security
big bucks
a large sum of money (especially as pay or profit)
bill of exchange
a document ordering the payment of money; drawn by one person or bank on another
a monetary standard under which the basic unit of currency is defined by stated amounts of two metals (usually gold and silver) with values set at a predetermined ratio
birthday gift
a present given in celebration of a person's birthday
an inheritance coming by right of birth (especially by primogeniture)
blank check
a check that has been signed but with the amount payable left blank
blind trust
a trust that enables a person to avoid possible conflict of interest by transferring assets to a fiduciary; the person establishing the trust gives up the right to information about the assets
blood bank
a place for storing whole blood or blood plasma
blood money
compensation paid to the family of a murdered person
blood money
a reward for information about a murderer
blood money
paid to a hired murderer
blue chip
a common stock of a nationally known company whose value and dividends are reliable; typically have high price and low yield
bond issue
bonds sold by a corporation or government agency at a particular time and identifiable by date of maturity
a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal
an additional payment (or other remuneration) to employees as a means of increasing output
informal terms for money
book value
the value at which an asset is carried on a balance sheet; equals cost minus accumulated depreciation
goods or money obtained illegally
borough English
a former English custom by which the youngest son inherited land to the exclusion of his older brothers
borrowing cost
the cost of borrowing something
bottom line
the last line in an audit; the line that shows profit or loss
payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military
box office
total admission receipts for an entertainment
bracket creep
a movement into a higher tax bracket as taxable income increases
bread and butter
the financial means whereby one lives
reimbursement for goods damaged while in transit or in use
payment made to a person in a position of trust to corrupt his judgment
bride price
money or property given (in some societies) by the bridegroom to the family of his bride
a wedding present to the bride
brokerage account
a fund that a customer has entrusted to a securities brokerage
a piece of paper money worth one dollar
a summary of intended expenditures along with proposals for how to meet them
a sum of money allocated for a particular purpose
budget deficit
an excess of expenditures over revenues
budget items
the expense of maintaining property (e.g., paying property taxes and utilities and insurance); it does not include depreciation or the cost of financing or income taxes
a mass of precious metal
the treasury of a public institution or religious order
bus fare
the fare charged for riding a bus or streetcar
business deduction
tax write-off for expenses of doing business
business expense
ordinary and necessary expenses incurred in a taxpayer's business or trade
business interruption insurance
insurance that provides protection for the loss of profits and continuing fixed expenses resulting from a break in commercial activities due to the occurrence of a peril
business loan
a bank loan granted for the use of a business
a United States bill worth 100 dollars
cab fare
the fare charged for riding in a taxicab
a secret store of valuables or money
call loan
a loan that is repayable on demand
call option
an option to buy
calling card
a card that is used instead of cash to make telephone calls
wealth in the form of money or property owned by a person or business and human resources of economic value
capital account
(finance) an account of the net value of a business at a specified date
capital account
(economics) that part of the balance of payments recording a nation's outflow and inflow of financial securities
capital cost
the opportunity cost of the funds employed as the result of an investment decision; the rate of return that a business could earn if it chose another investment with equivalent risk
capital expenditure
the cost of long-term improvements
capital gain
the amount by which the selling price of an asset exceeds the purchase price; the gain is realized when the asset is sold
capital gains tax
a tax on capital gains
capital levy
a tax on capital or property
capital loss
the amount by which the purchase price of an asset exceeds the selling price; the loss is realized when the asset is sold
capital stock
the book value of the outstanding shares of a corporation
assets available for use in the production of further assets
a tax levied on the basis of a fixed amount per person
car rental
a rented car
the accumulated and undivided profits of a corporation after provision has been made for dividends and reserves
carrying charge
charge made for carrying an account or for merchandise sold on an installment plan
carrying charge
the opportunity cost of unproductive assets; the expense incurred by ownership
a dollar made of silver
cash account
an account with a securities brokerage whose transactions are settled on a cash basis
cash basis
a method of accounting in which each item is entered as payments are received or made
cash card
a credit card that entitles the holder to receive cash
cash equivalent
a highly liquid debt instrument with maturities of less than three months
cash flow
the excess of cash revenues over cash outlays in a give period of time (not including non-cash expenses)
cash in hand
assets in the form of money
cash price
the current delivery price of a commodity traded in the spot market
cash surrender value
the amount that the insurance company will pay on a given life insurance policy if the policy is cancelled prior to the death of the insured
money in the form of bills or coins
prompt payment for goods or services in currency or by check
cashier's check
a check issued by the officer of a bank on the banks own account (not that of a private person)
a debt instrument issued by a bank; usually pays interest
a charge for storing goods in a cellar
a coin worth one-hundredth of the value of the basic unit
certificate of indebtedness
a written promise to repay a debt
a formal declaration that documents a fact of relevance to finance and investment; the holder has a right to receive interest or dividends
certified check
a check containing certification that the person who issued the check has sufficient funds on deposit to cover payment
coins of small denomination regarded collectively
money received in return for its equivalent in a larger denomination or a different currency
the balance of money received when the amount you tender is greater than the amount due
an endowment for the singing of Masses
the price charged for some article or service
financial liabilities (such as a tax)
charge account credit
a consumer credit line that can be used up to a certain limit or paid down at any time
charge account
credit extended by a business to a customer
charge card
a card (usually plastic) that assures a seller that the person using it has a satisfactory credit rating and that the issuer will see to it that the seller receives payment for the merchandise delivered
charge per unit
amount of a charge or payment relative to some basis
charitable trust
a trust created for charitable or religious or educational or scientific purposes
chattel mortgage
a loan to buy some personal item; the item (or chattel) is security for the loan
personal as opposed to real property; any tangible movable property (furniture or domestic animals or a car etc)
cheap money
credit available at low rates of interest
check overdraft credit
credit provided by a bank in honoring a customer's overdrafts
a book issued to holders of checking accounts
checking account
a bank account against which the depositor can draw checks that are payable on demand
a trifling sum of money
child support
court-ordered support paid by one spouse to the other who has custody of the children after the parents are separated
Christmas box
a present given at Christmas for services during the year
Christmas present
a present given at Christmas time
church property
property or income owned by a church
a person's financial situation (good or bad)
Civil List
a sum of money voted by British Parliament each year for the expenses of the British royal family
classified stock
common stock classified as A or B where A has certain advantages (e.g., voting power) that B does not
a very large profit
Clifford trust
a trust established to shift the income to someone who is taxed at a lower rate than the grantor for a period of 10 years or more
informal terms for personal possessions
closing price
(stock market) the price of the last transaction completed during a day's trading session
a flat metal piece (usually a disc) used as money
coins collectively
insurance issued jointly by two or more underwriters
cold cash
money in the form of cash that is readily available
a security pledged for the repayment of a loan
combat pay
extra pay for soldiers engaged in active combat
commercial credit
credit granted by a bank to a business concern for commercial purposes
commercial letter of credit
a letter of credit given to a business concern for commercial purposes
commercial paper
an unsecured and unregistered short-term obligation issued by an institutional borrower to investors who have temporarily idle cash
a fee for services rendered based on a percentage of an amount received or collected or agreed to be paid (as distinguished from a salary)
common shares
stock other than preferred stock; entitles the owner to a share of the corporation's profits and a share of the voting power in shareholder elections
common stock equivalent
preferred stock or convertible bonds or warrants that can be converted into common stock
property held in common
common ownership
community property
property and income belonging jointly to a married couple
compensating balance
a minimum credit balance that a bank may require a borrower to keep on deposit as a condition for granting a loan; a common requirement for establishing a line of credit at a bank
something (such as money) given or received as payment or reparation (as for a service or loss or injury)
compound interest
interest calculated on both the principal and the accrued interest
conditional sale
a security interest taken by the seller in return for credit
conscience money
payment made voluntarily to reduce guilt over dishonest dealings
a fee charged in advance to retain the services of someone
constructive trust
a trust created by a court (regardless of the intent of the parties) to benefit a party that has been wrongfully deprived of its rights
consumer credit
a line of credit extended for personal or household use
consumer loan
a loan that establishes consumer credit that is granted for personal use; usually unsecured and based on the borrower's integrity and ability to pay
contingency fee
a fee that is payable only if the outcome is successful (as for an attorney's services)
an amount of money contributed
a voluntary gift (as of money or service or ideas) made to some worthwhile cause
control account
an account that shows totals of amounts entered in a subsidiary ledger
control stock
shares owned by shareholders who have a controlling interest
controlling interest
ownership of more than 50% of a corporation's voting shares
convertible bond
a bond that can be converted to other securities under certain conditions
a corporate security (usually bonds or preferred stock) that can be exchanged for another form of security (usually common stock)
cookie jar reserve
a hidden reserve that can be used to adjust quarterly earning reports
a copper penny
a medieval form of land tenure in England; a copyhold was a parcel of land granted to a peasant by the lord of the manor in return for agricultural services
a charge added at a restaurant for every bottle of wine served that was not bought on the premises
corporate bond
a bond issued by a corporation; carries no claim to ownership and pays no dividends but payments to bondholders have priority over payments to stockholders
capital as contrasted with the income derived from it
the total spent for goods or services including money and time and labor
cost ledger
ledger showing the accumulated costs classified in various ways
cost of living
average cost of basic necessities of life (as food and shelter and clothing)
cost overrun
excess of cost over budget
cost-of-living allowance
an allowance for changes in the consumer price index
cost-of-living benefit
a benefit that goes to anyone whose money receipts increase automatically as prices rise
pecuniary reimbursement to the winning party for the expenses of litigation
council tax
a tax levied on households by local authorities; based on the estimated value of the property and the number of people living in it
counter check
a blank check provided by a bank for the convenience of customers who are making withdrawals
a compensating equivalent
countervailing duty
a duty imposed to offset subsidies by foreign governments
an estate in the country
a fixed charge by a restaurant or nightclub over and above the charge for food and drink
the total amount and type of insurance carried
money available for a client to borrow
credit side
account of payments received; usually the right side of a financial statement
an accounting entry acknowledging income or capital items
arrangement for deferred payment for goods and services
an English coin worth 5 shillings
crown jewel
the most desirable assets of a corporation
Crown land
land that belongs to the Crown
cumulative preferred
preferred stock whose dividends if omitted accumulate until paid out
the metal or paper medium of exchange that is presently used
current account
that part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments
current assets
assets in the form of cash (or easily convertible into cash)
custodial account
a brokerage firm account that parents have created for a minor
money collected under a tariff
a share of the profits
the amount of money needed to purchase something
a ledger in which transactions have been recorded as they occurred
dead hand
real property held inalienably (as by an ecclesiastical corporation)
death benefit
insurance or pension money payable to a beneficiary of a deceased
death duty
a tax on the estate of the deceased person
the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future
debit card
a card (usually plastic) that enables the holder to withdraw money or to have the cost of purchases charged directly to the holder's bank account
debit side
account of payments owed; usually the left side of a financial statement
an accounting entry acknowledging sums that are owing
money or goods or services owed by one person to another
debt ceiling
the maximum borrowing power of a governmental entity
(taxes) an amount that can be deducted (especially for the purposes of calculating income tax)
an amount or percentage deducted
a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
deep pockets
(plural) a source of substantial wealth
the sum of money that is misappropriated
loss resulting from failure of a debt to be paid
act of failing to meet a financial obligation
an excess of liabilities over assets (usually over a certain period)
a statistical factor designed to remove the effect of inflation; inflation adjusted variables are in constant dollars
degressive tax
any tax in which the rate decreases as the amount subject to taxation increases
nonpayment of a debt when due
demand deposit
a bank deposit from which withdrawals can be made without notice
demand note
a note payable on demand
a charge required as compensation for the delay of a ship or freight car or other cargo beyond its scheduled time of departure
any of various former European coins of different denominations
departure tax
a tax that is levied when you are departing a country by land or sea or air
money given as security for an article acquired for temporary use
deposit account
a savings account in which the deposit is held for a fixed term or in which withdrawals can be made only after giving notice or with loss of interest
a partial payment made at the time of purchase; the balance to be paid later
depreciation allowance
an allowance for loss due to depreciation
depreciation charge
an amount periodically charged to expense or against revenue in compensation for depreciation of property
depreciation rate
the rate at which the value of property is reduced; used to calculate tax deduction
decrease in value of an asset due to obsolescence or use
(law) a gift of real property by will
a will disposing of real property
a transparent piece of diamond that has been cut and polished and is valued as a precious gem
a United States coin worth one tenth of a dollar
direct loan
a loan by a lender to a customer without the use of a third party; direct lending gives the lender greater discretion in making loans
direct tax
a tax paid directly by the person or organization on whom it is levied
direct trust
a trust created by the free and deliberate act of the parties involved (usually on the basis of written documentation)
disability benefit
insurance benefits paid in case of disability
disability check
a monthly payment made to someone who has become disabled and is unable to work
amounts paid for goods and services that may be currently tax deductible (as opposed to capital expenditures)
discount rate
the rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System
a refund of some fraction of the amount paid
discretionary trust
a trust that gives the trustee discretion to pay the beneficiary as much of the trust income as the trustee believes appropriate
a share that has been dispensed or distributed
disposable income
income (after taxes) that is available to you for saving or spending
distribution cost
any cost incurred by a producer or wholesaler or retailer or distributor (as for advertising and shipping etc)
a bonus; something extra (especially a share of a surplus)
that part of the earnings of a corporation that is distributed to its shareholders; usually paid quarterly
dividend warrant
an order of payment (such as a check payable to a shareholder) in which a dividend is paid
short for dividend; especially one paid by a cooperative society
a fee charged for a vessel to use a dock
a written account of ownership or obligation
a share of money or food or clothing that has been charitably given
a United States coin worth one dollar
door prize
tickets are passed out at the entrance to a dance or party or other social function and a prize is awarded to the holder of the winning ticket
dormant account
a savings account showing no activity (other than posting interest) for some specified period
double damages
twice the amount that a court would normally find the injured party entitled to
double dipping
two incomes received from the same source (as by holding a government job and receiving a government pension)
double eagle
a former gold coin in the United States worth 20 dollars
double time
a doubled wage (for working overtime)
a former Spanish gold coin
a life estate to which a wife is entitled on the death of her husband
money or property brought by a woman to her husband at marriage
drop-off charge
a fee added for returning a rented car to a location different from the one where it was rented
formerly a gold coin of various European countries
a payment that is due (e.g., as the price of membership)
a government tax on imports or exports
a former gold coin in the United States worth 10 dollars
something of value given by one person to another to bind a contract
earning per share
the portion of a company's profit allocated to each outstanding share of common stock
Earnings Before Interest Taxes Depreciation and Amortization
income before interest and taxes and depreciation and amortization have been subtracted; an indicator of a company's profitability that is watched by investors (especially in leveraged buyouts)
earnings report
a financial statement that gives operating results for a specific period
the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
something that remunerates
easy money
the economic condition in which credit is easy to secure
easy money
income obtained with a minimum of effort
easy street
financial security
economic rent
the return derived from cultivated land in excess of that derived from the poorest land cultivated under similar conditions
economic value
the amount (of money or goods or services) that is considered to be a fair equivalent for something else
property of a personal character that is portable but not used in business
a coin worth eight pennies
a transparent piece of emerald that has been cut and polished and is valued as a precious gem
compensation received by virtue of holding an office or having employment (usually in the form of wages or fees)
employee ownership
ownership of a business by the people who work for it
a charge against property (as a lien or mortgage)
endowment insurance
life insurance for a specified amount which is payable to the insured person at the expiration of a certain period of time or to a designated beneficiary immediately upon the death of the insured
the capital that provides income for an institution
a gift that significantly increases the recipient's wealth
land received by fee tail
entertainment deduction
deduction allowed for some (limited) kinds of entertainment for business purposes
equalizing dividend
a dividend paid to compensate shareholders for losses resulting from a change in the dividend schedule
the ownership interest of shareholders in a corporation
the difference between the market value of a property and the claims held against it
equity credit line
a loan secured by equity value in the borrower's home
a reversion to the state (as the ultimate owner of property) in the absence of legal heirs
the property that reverts to the state
a written agreement (or property or money) delivered to a third party or put in trust by one party to a contract to be returned after fulfillment of some condition
escrow funds
funds held in escrow
everything you own; all of your assets (whether real property or personal property) and liabilities
estate for life
(law) an estate whose duration is limited to the life of the person holding it
estimated tax
income tax paid periodically on income that is not subject to withholding taxes; based on the taxpayer's predicted tax liability
a mutual fund that is traded on a stock exchange
currency of the major financial and industrial countries held in those countries for the purpose of lending and borrowing
European plan
a hotel plan that provides a continental breakfast daily
European Recovery Program
a United States program of economic aid for the reconstruction of Europe (1948-1952); named after George Marshall
exchange rate
the charge for exchanging currency of one country for currency of another
the funds of a government or institution or individual
a tax that is measured by the amount of business done (not on property or income from real estate)
excursion rate
a reduced rate for a round-trip ticket
exemplary damages
(law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)
a deduction allowed to a taxpayer because of his status (having certain dependents or being blind or being over 65 etc.)
money paid out; an amount spent
money spent to perform work and usually reimbursed by an employer
expense account
an account to which salespersons or executives can charge travel and entertainment expenses
expense record
a written record of money spent
export credit
a credit opened by an importer with a bank in an exporter's country to finance an export operation
export duty
a duty imposed on exports
an exorbitant charge
extra dividend
a dividend paid in addition to the regular dividend
eye bank
a place for storing and preserving corneas that are obtained from human corpses immediately after death; used for corneal transplantation to patients with corneal defects
face value
the value of a security that is set by the company issuing it; unrelated to market value
factory price
price charged for goods picked up at the factory
the sum charged for riding in a public conveyance
the buildings and adjacent grounds of a farm
a former British bronze coin worth a quarter of a penny
fast buck
quick or easy earnings
federal deficit
an excess of the federal government's spending over its revenue
Federal Reserve note
a piece of paper money (especially one issued by a central bank)
federal tax lien
lien of the United States on all property of a taxpayer who fails to pay the federal government the taxes for which he or she is liable
an interest in land capable of being inherited
a fixed charge for a privilege or for professional services
fee simple
a fee without limitation to any class of heirs; they can sell it or give it away
fee tail
a fee limited to a particular line of heirs; they are not free to sell it or give it away
money granted (by a university or foundation or other agency) for advanced study or research
a piece of land held under the feudal system
fiat money
money that the government declares to be legal tender although it cannot be converted into standard specie
a tax on employees and employers that is used to fund the Social Security system
a United States bill worth 50 dollars
fifty-cent piece
a United States coin worth half of a dollar
an amount of money expressed numerically
filthy lucre
shameful profit
final payment
the final payment of a debt
financial gain
the amount of monetary gain
financial loss
loss of money or decrease in financial value
finder's fee
a fee that is paid to someone who finds a source of financial backing or to someone who brings people together for business purposes
fire insurance
insurance against loss due to fire
first mortgage
a mortgage that has priority over all mortgages and liens except those imposed by law
a state treasury or exchequer or a royal treasury; originally the public treasury of Rome or the emperor's private purse
five dollar bill
a United States bill worth 5 dollars
a coin worth five cents
fixed charge
a periodic charge that does not vary with business volume (as insurance or rent or mortgage payments etc.)
fixed investment trust
an investment trust that can buy only those securities listed when the trust was organized
the number of shares outstanding and available for trading by the public
a debt instrument with a variable interest rate tied to some other interest rate (e.g. the rate paid by T-bills)
folding money
currency issued by a government or central bank and consisting of printed paper that can circulate as a substitute for specie
food bank
a place where food is contributed and made available to those in need
food stamp
a government-issued stamp that can be used in exchange for food
a rate of charging by the linear foot of work done
foreign aid
aid (such as economic or military assistance) provided to one nation by another
foreign bill
a bill of exchange that is drawn in one country and made payable in another
foreign exchange
the system by which one currency is exchanged for another; enables international transactions to take place
a penalty for a fault or mistake that involves losing or giving up something
something that is lost or surrendered as a penalty
a large amount of wealth or prosperity
food and lodging provided in addition to money
a former English silver coin worth four pennies
fractional currency
paper currency in denominations less than the basic monetary unit
franchise tax
a tax that is imposed by states on corporations; it depends both on the net worth of the corporation and on its net income attributable to activities within the state
free lunch
something acquired without effort or payment or obligation
something that is free (usually provided as part of a promotional scheme)
tenure by which land is held in fee simple or for life
an estate held in fee simple or for life
the charge for transporting something by common carrier
fringe benefit
an incidental benefit awarded for certain types of employment (especially if it is regarded as a right)
fuel level
the amount of fuel remaining
a reserve of money set aside for some purpose
a supply of something available for future use
the amount by which the revenue of a business exceeds its cost of operating
money that is risked for possible monetary gain
garageman's lien
the extension of a mechanic's lien to include payment for work on automobiles
gasoline tax
a tax on every gallon of gasoline sold
total admission receipts at a sports event
the measure of an economy adopted by the United States in 1991; the total market values of goods and services produced by workers and capital within a nation's borders during a given period (usually 1 year)
general ledger
the ledger that contains all of the financial accounts of a business; contains offsetting debit and credit accounts (including control accounts)
general lien
a lien on all the property owned by a debtor and not just a specific property
something acquired without compensation
gift horse
a gift (usually of inferior quality) that should be accepted uncritically
gift tax
a tax imposed on transfers of property by gift during the lifetime of the giver
giro account
an account at a post office that can be used in similar ways to an account at a bank
a check given by the British government to someone who is unemployed; it can be cashed either at a bank or at the post office
a gift of public land or resources for the private gain of a limited group
plot of land belonging to an English parish church or an ecclesiastical office
former measure of the United States economy; the total market value of goods and services produced by all citizens and capital during a given period (usually 1 yr)
coins made of gold
great wealth
gold standard
a monetary standard under which the basic unit of currency is defined by a stated quantity of gold
good will
(accounting) an intangible asset valued according to the advantage or reputation a business has acquired (over and above its tangible assets)
government bond
a bond that is an IOU of the United States Treasury; considered the safest security in the investment world
government income
income available to the government
government issue
supplies (as food or clothing or ammunition) issued by the government
graduated tax
any tax in which the rate increases as the amount subject to taxation increases
any monetary aid
a grant to a person or school for some educational project
an award (as for meritorious service) given without claim or obligation
gross estate
the total valuation of the estate's assets at the time of the person's death
gross margin
the ratio gross profits divided by net sales
gross profit
(finance) the net sales minus the cost of goods and services sold
gross revenue
income (at invoice values) received for goods and services over some given period of time
the entire amount of income before any deductions are made
ground rent
payment for the right to occupy and improve a piece of land
group insurance
insurance that is purchased by a group (such as the employees of a company) usually at a reduced rate to individual members of the group
growth stock
stock of a corporation that has had faster than average gains in earnings and is expected to continue to
funds advanced to a prospector or to someone starting a business in return for a share of the profits
a collateral agreement to answer for the debt of another in case that person defaults
a reward or payment
a former British gold coin worth 21 shillings
a large estate in Spanish-speaking countries
half crown
an English coin worth half a crown
half eagle
a former gold coin in United States worth 5 dollars
reduced wage paid to someone who is not working full time
an English coin worth half a penny
handling charge
the cost of handling (especially the cost of packaging and mailing an order)
hard currency
a currency that is not likely to depreciate suddenly in value
hazard insurance
insurance that provides protection against certain risks such as storms or fires
health insurance
insurance against loss due to ill health
any technique designed to reduce or eliminate financial risk; for example, taking two positions that will offset each other if prices change
something that has been in a family for generations
(law) any property that is considered by law or custom as inseparable from an inheritance is inherited with that inheritance
any property (real or personal or mixed) that can be inherited
that which is inherited; a title or property or estate that passes by law to the heir on the death of the owner
hidden reserve
reserves that do not show up on the balance sheet (as by understating values)
hidden tax
a tax paid unwittingly by the consumer (such as ad valorem taxes)
high-yield bond
a (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit
highway robbery
an exorbitant price
installment plan
group insurance that entitles members to services of participating hospitals and clinics and physicians
hoarded wealth
accumulated wealth in the form of money or jewels etc.
hole card
any assets that are concealed until they can be used advantageously
the home and adjacent grounds occupied by a family
land acquired from the United States public lands by filing a record and living on and cultivating it under the homestead law
a fee paid for a nominally free service
insurance that pays all or part of a patient's hospital expense
hot issue
newly issued stock that is in great public demand
hotel plan
a plan and a room rate for providing a room and meals to guests at a hotel
hush money
a bribe paid to someone to insure that something is kept secret
property consisting of houses and land
implied trust
a trust inferred by operation of law
import credit
credit opened by an importer at a bank in his own country upon which an exporter may draw
import duty
a duty imposed on imports
incentive program
a formal scheme for inducing someone (as employees) to do something
(frequently plural) an expense not budgeted or not specified
the financial gain (earned or unearned) accruing over a given period of time
income tax
a personal tax levied on annual income
index fund
a mutual fund whose assets are stocks on a given list
indirect tax
a tax levied on goods or services rather than on persons or organizations
inland bill
a bill of exchange that is both drawn and made payable in the same country
installation charge
the charge for installing something
a payment of part of a debt; usually paid at regular intervals
installment buying
a system for paying for goods by installments
installment credit
a loan repaid with interest in equal periodic payments
installment debt
debt to be paid by installments
installment rate
the amount of money paid out per unit time
insurable interest
an interest in a person or thing that will support the issuance of an insurance policy; an interest in the survival of the insured or in the preservation of the thing that is insured
promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company
insurance premium
payment for insurance
assets that are saleable though not material or physical
intellectual property
intangible property that is the result of creativity (such as patents or trademarks or copyrights)
inter vivos trust
a trust created and operating during the grantor's lifetime
interbank loan
a loan from one bank to another
a fixed charge for borrowing money; usually a percentage of the amount borrowed
interest expense
interest paid on loans
interest rate
the percentage of a sum of money charged for its use
(law) a right or legal share of something; a financial involvement with something
internal revenue
government revenue from domestic sources (excluding customs)
(accounting) the value of a firm's current assets including raw materials and work in progress and finished goods
investment letter
a letter of intent saying that a letter security is being bought for investment and not for resale; avoids need for SEC registration
money that is invested with an expectation of profit
invisible balance
the difference in value over a period of time of a country's imports and exports of services and payments of property incomes
an informal debt instrument; representing `I owe you'
the income or profit arising from such transactions as the sale of land or other property
any outstanding award
the cumulative amount involved in a game (such as poker)
(law) an estate secured to a prospective wife as a marriage settlement in lieu of a dower
judgment lien
lien on a debtor's property that is granted to a creditor by court judgment; lien may be enforced by having the sheriff seize the property and hold a sheriff's sale
a commercial bribe paid by a seller to a purchasing agent in order to induce the agent to enter into the transaction
king's ransom
a very large treasure
a bank check drawn on insufficient funds at another bank in order to take advantage of the float
a bank check that has been fraudulently altered to increase its face value
the combined stakes of the betters
labor resources
resources of available manpower
a small gift (especially one given by a merchant to a customer who makes a purchase)
the land on which real estate is located
land grant
a grant of public land (as to a railway or college)
land resources
natural resources in the form of arable land
land tax
a capital tax on property imposed by municipalities; based on the estimated value of the property
land tenure
the right to hold property; part of an ancient hierarchical system of holding lands
a holding in the form of land
ownership of land; the state or fact of owning land
landlord's lien
lien on a tenant's property for the satisfaction of unpaid rent or property damage; the landlord is given the status of a preferred creditor with regard to the tenant's property
a gift or money given (as for service or out of benevolence); usually given ostentatiously
property that is leased or rented out or let
land or property held under a lease
legal fee
a fee paid for legal service
legal tender
something that can be used as an official medium of payment
letter bond
a bond that has not been registered with the Securities and Exchange Commission and cannot be sold to the general public
letter of credit
a document issued by a bank that guarantees the payment of a customer's draft; substitutes the bank's credit for the customer's credit
letter security
a stock or bond that is not registered with the Securities and Exchange Commission and cannot be sold in the public market
letter stock
stock that has not been registered with the Securities and Exchange Commission and cannot be sold to the general public
a charge imposed and collected
anything that is owed to someone else
liability insurance
insurance that provides protection from claims arising from injuries or damage to other people or property
library fine
fine imposed by a library on books that overdue when returned
license fee
a fee paid to the government for the privilege of being licensed to do something (as selling liquor or practicing medicine)
the right to take another's property if an obligation is not discharged
life assurance
insurance paid to named beneficiaries when the insured person dies
the fee charged for carrying goods in lighters
limited audit
an audit of limited scope (limited in time span or confined to particular accounts etc.)
limited liability
the liability of a firm's owners for no more than the capital they have invested in the firm
limited review
(accounting) a service (less exhaustive than an audit) that provides some assurance to interested parties as to the reliability of financial data
a rate of payment for written material that is measured according to the number of lines submitted
list price
the selling price of something as stated in a catalogue or price list; often subject to discounts
listed security
a security that has been accepted for trading by one of the organized and registered securities exchanges in the US
living wage
a wage sufficient for a worker and family to subsist comfortably
the temporary provision of money (usually at interest)
loan participation
a loan that is shared by a group of banks that join to make a loan too big for any one of them alone
lobbying expense
expenses incurred in promoting or evaluating legislation
lock-up option
an option to buy the crown jewels offered to a white knight in order to forestall a hostile takeover
a fee charged for passage through a lock in a canal or waterway
something lost (especially money lost at gambling)
something that is lost
the amount by which the cost of a business exceeds its revenue
louis d'or
a former French gold coin
lump sum
a complete payment consisting of a single sum of money
a measure of the money supply; includes currency in circulation plus demand deposits or checking account balances
a measure of the money supply; M1 plus net time deposits (other than large certificates of deposit)
a measure of the money supply; M2 plus deposits at institutions that are not banks (such as savings and loan associations)
means of maintenance of a family or group
malpractice insurance
insurance purchased by physicians and hospitals to cover the cost of being sued for malpractice
the landed estate of a lord (including the house on it)
margin account
an account with a securities brokerage in which the broker extends credit
the amount of collateral a customer deposits with a broker when borrowing from the broker to buy securities
market price
the price at which buyers and sellers trade the item in an open marketplace
marketing cost
the cost of marketing (e.g., the cost of transferring title and moving goods to the customer)
the amount added to the cost to determine the asking price
matching funds
funds that will be supplied in an amount matching the funds available from other sources
material possession
property or belongings that are tangible
material resource
assets in the form of material possessions
Maundy money
specially minted silver coins that are distributed by the British sovereign on Maundy Thursday
meal ticket
a source of income or livelihood
considerable capital (wealth or income)
mechanic's lien
lien to secure payment for work and materials in erecting or repairing a building or other structure
any of various large ancient Greek coins
Medicaid funds
public funds used to pay for Medicaid
medical expense
amount spent for diagnosis or treatment or prevention of medical problems
medicare check
a check reimbursing an aged person for the expenses of health care
medium of exchange
anything that is generally accepted as a standard of value and a measure of wealth in a particular country or region
a fitting reward
merit pay
extra pay awarded to an employee on the basis of merit (especially to school teachers)
mess of pottage
anything of trivial value
a travel allowance at a given rate per mile traveled
mineral resources
natural resources in the form of minerals
minimum wage
the lowest wage that an employer is allowed to pay; determined by contract or by law
fee paid to a mint by the government for minting a coin
modified American plan
a hotel plan that includes breakfast and dinner (but not lunch)
monetary standard
the value behind the money in a monetary system
the most common medium of exchange; functions as legal tender
the official currency issued by a government or national bank
wealth reckoned in terms of money
money order
a written order for the payment of a sum to a named individual; obtainable and payable at a post office
money supply
the total stock of money in the economy; currency held by the public plus money in accounts in banks
a fee for mooring
a conditional conveyance of property as security for the repayment of a loan
mortgage loan
a loan on real estate that is usually secured by a mortgage
mortgage-backed security
a security created when a group of mortgages are gathered together and bonds are sold to other institutions or the public; investors receive a portion of the interest payments on the mortgages as well as the principal payments; usually guaranteed by the government
moving expense
the cost of moving your residence from one location to another
municipal bond
a bond issued by a state or local government
municipal note
a municipal debt instrument with a maturity of less than 2 years
mutual fund
the pooled money that is invested in assets
national debt
the debt of the national government (as distinguished from the debts of individuals and businesses and political subdivisions)
national debt ceiling
a limit set by Congress beyond which the national debt cannot rise; periodically raised by Congress
national income
the total value of all income in a nation (wages and profits and interest and rents and pension payments) during a given period (usually 1 yr)
natural resource
resources (actual and potential) supplied by nature
nest egg
a fund of money put by as a reserve
net estate
the estate remaining after debts and funeral expenses and administrative expenses have been deducted from the gross estate; the estate then left to be distributed (and subject to federal and state inheritance taxes)
net sales
gross sales reduced by customer discounts, returns, freight out, and allowances
new penny
a coin used in Great Britain since 1971 worth one hundredth of a pound
a United States coin worth one twentieth of a dollar
five dollars worth of a drug
a coin worth nine pennies
no fault automobile insurance
a system of automobile insurance where a party who is injured in an automobile accident recovers damages up to a specific amount against his own insurance company regardless of who was responsible for the accident
no man's land
land that is unowned and uninhabited (and usually undesirable)
no-par stock
stock with no par value specified in the corporate charter or on the stock certificate
nominal damages
(law) a trivial sum (usually $1.00) awarded as recognition that a legal injury was sustained (as for technical violations of a contract)
non-cash expense
an expense (such as depreciation) that is not paid for in cash
noncallable bond
a bond containing a provision that the holder cannot redeem the security before a specific date (usually at maturity)
note payable
a note promising to pay a certain amount of money at a certain time
note receivable
your right in a promissory note in which the maker promises to pay a certain amount of money at a certain time
a promise to pay a specified amount on demand or at a certain time
nuisance tax
a tax based on the cost of the item purchased and collected directly from the buyer
a tax on various goods brought into a town
offer price
(stock market) the price at which a broker is willing to sell a certain security
money contributed to a religious organization
the offerings of the congregation at a religious service
old-age pension
a monthly payment made to someone who is retired from work
operating budget
a budget for current expenses as distinct from financial transactions or permanent improvements
operating capital
capital available for the operations of a firm (e.g. manufacturing or transportation) as distinct from financial transactions and long-term improvements
opportunity cost
cost in terms of foregoing alternatives
the right to buy or sell property at an agreed price; the right is purchased and if it is not exercised by a stated date the money is forfeited
a place where oranges are grown; a plantation of orange trees in warm climes or a greenhouse in cooler areas
ordinary annuity
an annuity paid in a series of more or less equal payments at the end of equally spaced periods
ordinary life insurance
insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured
organization expense
the cost (over a period of five years) of organizing a new corporation or partnership
origination fee
a fee charged to a borrower (especially for a mortgage loan) to cover the costs of initiating the loan
OTC security
a security traded in the over-the-counter market
OTC stock
stock that is not listed and traded on an organized exchange
a surplus or excess of money or merchandise that is actually on hand and that exceeds expectations
a price that is too high
excessive compensation
a draft in excess of the credit balance
a payment larger than needed or expected
the relation of an owner to the thing possessed; possession with the right to transfer possession to others
support paid by one half of an unmarried partnership after the relationship ends
paper gold
reserve assets in the International Monetary Fund; designed to supplement reserves of gold and convertible currencies used to maintain stability in the foreign exchange market
paper loss
an unrealized loss on an investment calculated by subtracting the current market price from the investor's cost
paper profit
an unrealized gain on an investment calculated by subtracting the investor's cost from the current market price
assets belonging to or due to or contributed by an individual person or group
partnership certificate
a certificate showing the interests of all parties in a business partnership
passbook savings account
a savings account in which deposits and withdrawals are recorded in the depositor's passbook
passive trust
a trust in which the trustee performs no active duties
a church endowment
a tax toward paving streets
an article deposited as security
pawn ticket
a pawnbroker's receipt for articles taken as security
pay envelope
wages enclosed in an envelope for distribution to the wage earner
pay rate
amount of money received per unit time
money that you currently expect to pay on notes and accounts
financial return or reward (especially returns equal to the initial investment)
a check issued in payment of wages or salary
the British system of withholding tax
a sum of money paid or a claim discharged
a bribe given to a disc jockey to induce him to promote a particular record
a list of employees and their salaries
the total amount of money paid in wages
a slip of paper included with your pay that records how much money you have earned and how much tax or insurance etc. has been taken out
an insignificant sum of money; a trifling amount
a smooth lustrous round structure inside the shell of a clam or oyster; much valued as a jewel
a payment required for not fulfilling a contract
penny stock
a stock selling for less that $1/share
a regular payment to a person that is intended to allow them to subsist without working
pension fund
a fund reserved to pay workers' pensions when they retire from service
peppercorn rent
very low or nominal rent
per capita income
the total national income divided by the number of people in the nation
per diem
a daily allowance for living expenses (especially while traveling in connection with your job)
performance bond
a bond given to protect the recipient against loss in case the terms of a contract are not filled; a surety company assumes liability for nonperformance
perpetual warrant
a warrant with no expiration date
personal check
a check drawn against funds deposited in your personal checking account
personal estate
movable property (as distinguished from real estate)
personal expense
the cost of personal or family living
personal income
the income received by a single individual
Peter's pence
an annual contribution made by Roman Catholics to support the papal see
petty cash
a small fund of cash that a firm keeps for the payment of incidental expenses
physical value
cost of reproducing physical property minus various allowances (especially depreciation)
piece of eight
an old silver Spanish coin; worth 8 reales
a share of something
pin money
cash for day-to-day spending on incidental expenses
a fee charged for the use of pipes
an inadequate payment
an estate where cash crops are grown on a large scale (especially in tropical areas)
a deposit of personal property as security for a debt
a supply of money
your personal financial means
one percent of the total principal of a loan; it is paid at the time the loan is made and is independent of the interest on the loan
political contribution
a contribution made to a politician or a political campaign or a political party
poll tax
a tax of a fixed amount per person and payable as a requirement for the right to vote
any communal combination of funds
pooling of interest
an accounting method used in the merging of companies; the balance sheets are added together item by item; this method is tax-free
poor rates
a local tax for the relief of the poor
a legislative appropriation designed to ingratiate legislators with their constituents
the cost of carrying or transporting
the charge for carrying burdens by porters
post doc
a grant that funds postdoctoral study or research
post-obit bond
a bond made by a reversioner to secure a loan; payable out of his reversion
the charge for mailing something
a charge based on weight measured in pounds
a fee charged for the recovery of impounded animals
poverty level
a level of personal income defining the state of poverty
the stipend assigned by a cathedral to a canon
precious metal
any of the less common and valuable metals often used to make coins or jewelry
preemptive right
the right granting to shareholders the first opportunity to buy a new issue of stock; provides protection against dilution of the shareholder's ownership interest
preference shares
stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights
a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc.
the amount that something in scarce supply is valued above its nominal value
Premium Bond
a government bond that bears no interest or capital gains but enters the holder into lotteries
something presented as a gift
cost of bribing someone
price support
a government subsidy used to maintain prices at a certain level
prime interest rate
the interest rate on short-term loans that banks charge their commercial customers with high credit ratings
right of inheritance belongs exclusively to the eldest son
the original amount of a debt on which interest is calculated
privy purse
allowance for a monarch's personal expenses
prize money
any money given as a prize
production cost
combined costs of raw material and labor incurred in producing goods
profit and loss
an account compiled at the end of an accounting period to show gross and net profit or loss
profit sharing
a system in which employees receive a share of the net profits of the business
something won (especially money)
promotional expense
the cost of promoting a product
property right
the legal right of ownership
proportional tax
any tax in which the rate is constant as the amount subject to taxation increases
an unincorporated business owned by a single person who is responsible for its liabilities and entitled to its profits
proprietorship certificate
a certificate showing who is responsible in an individually owned business
defense against financial failure; financial independence
protective tariff
a tariff imposed to protect domestic firms from import competition
a store or supply of something (especially of food or clothing or arms)
public debt
the total of the nation's debts: debts of local and state and national governments; an indicator of how much public spending is financed by borrowing instead of taxation
public domain
property rights that are held by the public at large
public property
property owned by a government
public treasury
a treasury for government funds
something acquired by purchase
purchase price
the price at which something is actually purchased
a sum of money offered as a prize
a sum of money spoken of as the contents of a money purse
purse strings
financial resources or support
put option
an option to sell
(stock market) a series of transactions in which the speculator increases his holdings by using the rising market value of those holdings as margin for further purchases
a United States or Canadian coin worth one fourth of a dollar
quarter stock
stock with a par value of $25/share
a fee charged for the use of a wharf or quay
something for something; that which a party receives (or is promised) in return for something he does or gives or promises
a document or receipt certifying release from an obligation or debt
payment of a debt or obligation
a proportional share assigned to each participant
rack rent
an extortionate rent
a percentage (of winnings or loot or profit) taken by an operator or gangster
money demanded for the return of a captured person
property that provides tax income for local governments
a local tax on property (usually used in the plural)
a fixed portion that is allotted (especially in times of scarcity)
reacquired stock
stock that has been bought back by the issuing corporation and is available for retirement or resale; it is issued but not outstanding; it cannot vote and pays no dividends
an old small silver Spanish coin
real GNP
a version of the GNP that has been adjusted for the effects of inflation
a share that has been allocated again
money that you currently expect to receive from notes or accounts
(law) a security entered into before a court with a condition to perform some act required by law; on failure to perform that act a sum is forfeited
payment or reward (as for service rendered)
a document that can serve as legal evidence of a transaction
repayment of the principal amount of a debt or security at or before maturity (as when a corporation repurchases its own stock)
a draft for the amount of a dishonored draft plus the costs and charges of drafting again
a fee (in addition to that marked on the brief) paid to counsel in a case that lasts more than one day
money returned to a payer
a book in which names and transactions are listed
registered bond
a bond whose owner is recorded on the books of the issuer; can be transferred to another owner only when endorsed by the registered owner
registered security
a security whose owner's name is recorded on the books of the issuer (or issuer's agent)
regular payment
a payment made at regular times
compensation paid (to someone) for damages or losses or money already spent etc.
sharing the risk by insurance companies; part or all of the insurer's risk is assumed by other companies in return for part of the premium paid by the insured
(law) redress awarded by a court
a payment of money sent to a person in another place
renewable resource
any natural resource (as wood or solar energy) that can be replenished naturally with the passage of time
a payment or series of payments made by the lessee to an owner for use of some property, facility, equipment, or service
a rebate on rent given by a local government authority
rental income
income received from rental properties
(usually plural) compensation exacted from a defeated nation by the victors
compensation (given or received) for an insult or injury
replacement cost
current cost of replacing a fixed asset with a new one of equal effectiveness
a justly deserved penalty
reserve account
funds taken out of earnings to provide for anticipated future payments
reserve assets
capital held back from investment in order to meet probable or possible demands
(often plural) a payment that is made to a performer or writer or director of a television show or commercial that is paid for every repeat showing
available source of wealth; a new or reserve supply that can be drawn upon when needed
resulting trust
a trust created by a court when it is judged that it was the intention of the parties to create a trust
revenue bond
a bond issued by an agency that is commissioned to finance public works; revenue from the public property is used to pay off the bond
revenue enhancement
charge against a citizen's person or property or activity for the support of government
revenue tariff
a tariff imposed to raise revenue
government income due to taxation
(law) an interest in an estate that reverts to the grantor (or his heirs) at the end of some period (e.g., the death of the grantee)
reversionary annuity
an annuity payable to one person in the event that someone else is unable to receive it
revolving charge account
a charge account that does not have to be paid to zero balance
revolving fund
a fund which, if borrowed or used, is intended to be replenished so it may be loaned or spent repeatedly
payment made in return for a service rendered
an abundance of material possessions and resources
(frequently plural) the interest possessed by law or custom in some intangible thing
risk capital
wealth available for investment in new or speculative enterprises
room rate
the rate charged daily for a hotel room
payment to the holder of a patent or copyright or resource for the right to use their property
a transparent piece of ruby that has been cut and polished and is valued as a precious gem
a loss entailed by giving up or selling something at less than its value
sales incentive
remuneration offered to a salesperson for exceeding some predetermined sales goal
property or goods saved from damage or destruction
a transparent piece of sapphire that has been cut and polished and is valued as a precious gem
(law) the payment of a debt or fulfillment of an obligation
savings account
a bank account that accumulates interest
savings bond
non-negotiable government bond; cannot be bought and sold once the original purchase is made
financial aid provided to a student on the basis of academic merit
a certificate whose value is recognized by the payer and payee; scrip is not currency but may be convertible into currency
seasonal adjustment
a statistical adjustment made to accommodate predictable fluctuations as a function of the season of the year
second mortgage
a mortgage that is subordinate to a first mortgage
secured bond
a bond that is back by collateral
security interest
any interest in a property that secures the payment of an obligation
property that your creditor can claim in case you default on your obligation
seed corn
good quality seeds (as kernels of corn) that are reserved for planting
seed money
capital needed to set up a new business or enterprise
seed pearl
a small imperfect pearl
seed stock
a supply of seeds (or tubers) reserved for planting
the estate of a seigneur
charged by a government for coining bullion
insuring yourself by setting aside money to cover possible losses rather than by purchasing an insurance policy
service charge
a percentage of a bill (as at a hotel or restaurant) added in payment for service
exclusive individual ownership
any of the equal portions into which the capital stock of a corporation is divided and ownership of which is evidenced by a stock certificate
a holding in the form of shares of corporations
a way of organizing business to reduce the taxes it must pay on current earnings
an English coin worth one twentieth of a pound
paper money of little value issued on insufficient security
ship money
an impost levied in England to provide money for ships for national defense
sick benefit
money paid (by the government) to someone who is too ill to work
sick pay
wages paid to an employee who is on sick leave
sight bill
a draft payable on presentation
coins made of silver
silver certificate
formerly a bank note issued by the United States Treasury and redeemable in silver
silver standard
a monetary standard under which the basic unit of currency is defined by a stated quantity of silver
simple interest
interest paid on the principal alone
a benefice to which no spiritual or pastoral duties are attached
single supplement
a surcharge added to the cost per person when traveling alone
single tax
a system of taxation in which a tax is levied on a single commodity (usually land)
sinking fund
a fund accumulated regularly in a separate account and used to redeem debt securities
a small coin of the United Kingdom worth six pennies; not minted since 1970
a counterfeit coin
slush fund
a fund for buying votes or bribing public officials
a piece of land under 50 acres that is sold or let to someone for cultivation
smart card
a plastic card containing a microprocessor that enables the holder to perform operations requiring data that is stored in the microprocessor; typically used to perform financial transactions
smart money
money bet or invested by experienced gamblers or investors (especially if they have inside information)
money offered as a bribe
soft money
political contributions made in such a way as to avoid the United States regulations for federal election campaigns (as by contributions to a political action committee)
soil bank
land retired from crop cultivation and planted with soil-building crops; government subsidies are paid to farmers for their retired land
a very small sum
a former French coin of low denomination; often used of any small amount of money
special assessment
an additional tax levied on private property for public improvements that enhance the value of the property
an investment that is very risky but could yield great profits
spendthrift trust
a trust created to maintain a beneficiary but to be secure against the beneficiary's improvidence
a promised or claimed share of loot or money
(usually plural) valuables taken by violence (especially in war)
a situation in which increased costs cannot be passed on to the customer
stamp duty
a tax collected by requiring a stamp to be purchased and attached (usually on documents or publications)
state tax lien
a lien on the property of a taxpayer that the tax collector can use upon default of payment of taxes
any of the various silver or gold coins of ancient Greece
British money; especially the pound sterling as the basic monetary unit of the UK
a sum of money allotted on a regular basis; usually for some specific purpose
the capital raised by a corporation through the issue of shares entitling holders to an ownership interest (equity)
stock buyback
a corporation's purchase of its own outstanding stock; increases earnings/share so stock price rises (which can discourage a takeover attempt)
stock dividend
a dividend paid in stock rather than in cash
stock of record
stock held by stockholders of record on a given date
stock option
a benefit given by a company to an employee in the form of an option to buy stock in the company at a discount or at a fixed price
stock option
the right to buy or sell a stock at a specified price within a stated period
stock warrant
a type of security issued by a corporation (usually together with a bond or preferred stock) that gives the holder the right to purchase a certain amount of common stock at a stated price
a certificate documenting the shareholder's ownership in the corporation
ownership of stocks; the state or fact of holding stock
a specific number of stocks or shares owned
stocking filler
a small Christmas present included in the Christmas stocking
stolen property
property that has been stolen
the charge for stowing goods
straight-line method
(accounting) a method of calculating depreciation by taking an equal amount of the asset's cost as an expense for each year of the asset's useful life
strike pay
money paid to strikers from union funds
a lease from one lessee to another
a payment for consecutive issues of a newspaper or magazine for a given period of time
subscription right
the right of a shareholder in a company to subscribe to shares of a new issue of common stock before it is offered to the public
subscription warrant
a warrant that expires on a stipulated date
subsidiary ledger
details of an account supporting the amount stated in the general ledger
money (or other benefits) obtained as a subsidy
a grant paid by a government to an enterprise that benefits the public
minimal (or marginal) resources for subsisting
a subordinate treasury or place of deposit
grant of financial aid as from a government to an educational institution
subway fare
the fare charged for riding a subway train
an additional tax on certain kinds of income that has already been taxed
support level
(stock market) the price at which a certain security becomes attractive to investors
support payment
a payment made by one person for the support of another
an additional charge (as for items previously omitted or as a penalty for failure to exercise common caution or common skill)
Susan B Anthony dollar
a United States coin worth one dollar
suspense account
an account used temporarily to carry doubtful receipts and disbursements or discrepancies pending their analysis and permanent classification
valuable goods
sweat equity
interest in a building that a tenant earns by contributing to its renovation or maintenance
take-home pay
what is left of your pay after deductions for taxes and dues and insurance etc
the charge for storing something in tanks
an adjustment made for the weight of the packaging in order to determine the net weight of the goods
tax advantage
an advantage bestowed by legislation that reduces a tax on some preferred activity
tax base
collective value of taxable assets
tax benefit
a tax deduction that is granted in order to encourage a particular type of commercial activity
tax credit
a direct reduction in tax liability (not dependent on the taxpayer's tax bracket)
tax liability
the amount of tax owed; calculated by applying the tax rate to the tax base
tax lien
lien of which a tax collector may avail himself in default of taxes (analogous to a judgment lien)
tax rate
rate used to calculate tax liability
a security that is not subject to taxation
the worldly possessions of a church
ten dollar bill
a United States bill worth 10 dollars
a decimal coin worth ten pennies
term insurance
low-cost insurance that is valid only for a stated period of time and has no cash surrender value or loan value
terminable interest
an interest in property that terminates under specific conditions
testamentary trust
a trust that is created under a will and that becomes active after the grantor dies
thank offering
an offering made as an expression of thanks
any movable possession (especially articles of clothing)
former cupronickel coin of the United Kingdom equal to three pennies
tight money
the economic condition in which credit is difficult to secure and interest rates are high
time and a half
a rate of pay that is 1.5 times the regular rate; for overtime work
time bill
a draft payable at a specified future date
time deposit
a certificate of deposit from which withdrawals can be made only after advance notice or at a specified future date
time loan
a loan that is payable on or before a specified date
time note
a note that specifies the time (or times) of repayment
an offering of a tenth part of some personal income
a levy of one tenth of something
token money
coins of regular issue whose face value is greater than their intrinsic value
token payment
a small payment made in acknowledgement of an obligation
a fee levied for the use of roads or bridges (used for maintenance)
a tax imposed on ships that enter the US; based on the tonnage of the ship
an annuity scheme wherein participants share certain benefits and on the death of any participant his benefits are redistributed among the remaining participants; can run for a fixed period of time or until the death of all but one participant
a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members
Totten trust
a savings account deposited by someone who makes themselves the trustee for a beneficiary and who controls it during their lifetime; afterward the balance is payable to the previously named beneficiary
trade acceptance
a bill of exchange for a specific purchase; drawn on the buyer by the seller and bearing the buyer's acceptance
trade deficit
an excess of imports over exports
trade discount
a discount from the list price of a commodity allowed by a manufacturer or wholesaler to a merchant
an item of property that is given in part payment for a new one
train fare
the fare charged for traveling by train
financial aid that enables you to get trained for a specified job
a portion of something (especially money)
transfer payment
a public expenditure (as for unemployment compensation or veteran's benefits) that is not for goods and services
transfer tax
any tax levied on the passing of title to property
transferred possession
a possession whose ownership changes or lapses
travel allowance
a sum allowed for travel
travel bargain
a bargain rate for travellers on commercial routes (usually air routes)
travel expense
(frequently plural) expenses incurred by an employee in the performance of the job and usually reimbursed by the employer
traveler's letter of credit
a letter of credit given to a traveler
any possession that is highly valued by its owner
treasure trove
treasure of unknown ownership found hidden (usually in the earth)
Treasury bill
a short-term obligation that is not interest-bearing (it is purchased at a discount); can be traded on a discount basis for 91 days
Treasury bond
a debt instrument with maturities of 10 years or longer
Treasury note
securities with maturities of 1 to 10 years; sold for cash or in exchange for maturing issues or at auction
Treasury obligations
negotiable debt obligations of the United States government which guarantees that interest and principal payments will be paid on time
treble damages
three times the amount that a court would normally find the injured party entitled to
trial balance
a balance of debits and credits in double-entry bookkeeping; drawn up to test their equality
a fee charged for transporting goods by truckage
something (as property) held by one party (the trustee) for the benefit of another (the beneficiary)
trust fund
a fund held in trust
a fee paid for instruction (especially for higher education)
a former United Kingdom silver coin; United Kingdom bronze decimal coin worth two pennies
a United States bill worth 20 dollars
two dollar bill
a United States bill worth 2 dollars
a price that is too low
a payment smaller than needed or expected
undivided interest
the interest in property owned by tenants whereby each tenant has an equal right to enjoy the entire property
unearned income
(accounting) income received but not yet earned (usually considered a current liability on a company's balance sheet)
unearned income
personal income that you did not earn (e.g., dividends or interest or rent income)
unearned increment
an unearned rise in the market value of property resulting from general market factors
unit cost
calculated cost for a given unit of a product
upset price
(auction) the minimum price at which a seller of property will entertain bids
an exorbitant or unlawful rate of interest
utility bond
a bond issued to finance the construction of public utility services
something of value
assessed price
a tax levied on the difference between a commodity's price before taxes and its cost of production
vested interest
(law) an interest in which there is a fixed right to present or future enjoyment and that can be conveyed to another
viatical settlement
cash derived from sale of an insurance policy by a terminally ill policy holder
tenure by which a villein held land
voting stock
shares in a corporation that entitle the shareholder to voting and proxy rights
voting trust
an agreement whereby persons owning stock with voting powers retain ownership while transferring the voting rights to the trustees
war chest
a fund accumulated to finance a war (or a political campaign)
warehouseman's lien
right of a warehouseman to retain goods until all storage charges have been paid
anything lost by wear or waste
rate per quarter for water from a public supply
watered stock
stock representing ownership of overvalued assets; stock of a corporation whose total worth is less than its invested capital
a portion of something divided into shares
ways and means
resources available to meet expenses (especially legislation for raising revenue for a government)
property that has economic utility: a monetary value or an exchange value
wedding gift
a present given to someone getting married
the necessary means (especially financial means)
white elephant
a valuable possession whose upkeep is excessively expensive
windfall profit
profit that occurs unexpectedly as a consequence of some event not controlled by those who profit from it
income tax withheld from employees' wages and paid directly to the government by the employer
workmen's compensation
compensation for death or injury suffered by a worker in the course of his employment
worldly belongings
all the property that someone possesses
(accounting) reduction in the book value of an asset
zero coupon bond
a bond that is issued at a deep discount from its value at maturity and pays no interest during the life of the bond; the commonest form of zero-coupon security
zero coupon security
a security that makes no interest payments but instead is sold at a deep discount from its face value