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Accounting

Includes the principles as well as the system of documenting and summarizing business and financial transactions and analyzing, verifying, and reporting the results.

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washed coffee

Beverages; Coffee

Coffee prepared by removing the pulp and skin from the beans while the coffee berry is still moist. Most of the world’s greatest coffees are wet-processed.

observer

Sports; Golf

An official who observes a golf match or round to make sure that there is no cheating and that the rules of the game are followed.

vertical management

Business services; Human resources

Organizational structure with primary functions split into departments, each with its own structure.

unmatched book

Financial services; General Finance

If the average maturity of a bank's liabilities is shorter than that of its assets, it is said to be running an unmatched book. The term is commonly used with the Euromarket. Also ...

cyclocross

Sports;

a fall or winter event contested mostly or entirely off pavement. Courses include obstacles, steps, and steep hills that force riders to dismount and run with their bikes.

wash out

Sports; Bicycle & electric bicycle

when one or both wheels lose traction and slide toward the outside of a turn, taking the rider off course and perhaps causing a crash.

Tax Reform Act of 1976

Financial services; General Finance

Legislation aimed at tightening provisions relating to taxation, including changes in the capital gains tax laws.

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