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Festivals

An event, usually staged by a local community, which usually focusses on and celebrates a unique aspect, custom or tradition of that community.

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deflection

Sports; Soccer

the ricochet of a ball after it hits a player.

release

Sports; Archery

When an archer releases the bowstring and sends the arrow toward the target, this is known as the release.

strike out

Sports; Baseball

When the batter swings at the third pitch and does not hit the pitch. The batter has struck out.

void

Aviation; Airport

A ticket that is issued and returned to the issuing office within the day it was ticketed, thereby avoiding processing through the ARC accounting system.

Moscow Interbank Currency Exchange (MICEX)

Financial services; General Finance

Established in 1992, the most liquid and best organized financial exchange in Russia.

atonality

Entertainment; Music

Musical compositions without a defined key. Most 20th and 21st century compositions fall into this category.

variable-rate loan

Financial services; General Finance

Loan made at an interest rate that fluctuates depending on a base interest rate, such as the prime rate or LIBOR.

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