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Non-profit organizations

Abbreviated as NGO, and also known as not-for-profit organisation; an organisation that does not distribute its surplus capital to shareholders or owners, but instead uses them to pursue its original goals.They are usually exempt from income and property tax and most often include charitable organisations, trade unions and public arts organisations.

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range balls

Sports; Golf

Practice balls that are used in the Driving Range.

VaR

Financial services; General Finance

See: Value-at-risk model

sunk costs

Financial services; General Finance

Costs that have been incurred and cannot be reversed.

term

Financial services; General Finance

The period of time during which a contract is in force.

autoionisation

Astronomy; General astronomy

A phenomenon occurring when a discrete double-excitation state of an atom lies in the ground-state continuum. In the autoionization process one of the excited electrons is ...

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Financial services; General Finance

The market in which dealers reverse in securities they wish to short.

cream cheese

Dairy products; Cheese

It is a modern, fresh cheese made of cow's milk. It is an acid curd cheese, but unlike cottage cheese, it requires a starter culture of bacteria. It is generally mild and velvety. ...

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