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Engineering
The discipline, art, skill and profession of applying scientific knowledge and principles to the design and manufacturing of machines, structures, devices, systems, materials and processes.
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business casual
Business services; Human resources
The standard dress code in most offices, which preserves a professional atmosphere while ensuring that employees are comfortable.
underwriting spread
Financial services; General Finance
The income that is generated by the underwriting syndicate and the selling group, which is essentially the difference between the amount paid to the issuer of securities in a ...
Write-down
Financial services; General Finance
Reducing the book value of an asset if its is overstated compared to current market values.
buyout
Business services; Human resources
Offering current employees generous severance packages in return for leaving their employment.
underwriting income
Financial services; General Finance
For an insurance company, the difference between the premiums earned and the costs of settling claims.
universal time (UT)
Astronomy; General astronomy
A measure of time used by astronomers; UT conforms (within a close approximation) to the mean daily (apparent) motion of the sun. UT is determined from observations of the diurnal ...
