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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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brie

Dairy products; Cheese

Brie is the best known French cheese and has a nickname "The Queen of Cheeses". Several hundred years ago, Brie was one of the tributes which had to be paid to the French kings. ...

selling dividends

Financial services; General Finance

Inducing a prospective customer to buy shares in order to profit from a dividend scheduled in the near future.

spot exchange rates

Financial services; General Finance

Exchange rate on currency for immediate delivery. Related: Forward exchange rate.

swap option

Financial services; General Finance

See: Swaption. Related: Quality option.

tenant

Financial services; General Finance

A partial owner of a security, or the holder of some property. See: Lessee.

caerphilly

Dairy products; Cheese

Traditional, farmhouse, unpasteurized, vegetarian cheese made from cow's milk. It usually has a wheel-shape with ivory-white rind dusted with fine flour. As the cheeses are aged ...

uncovered put

Financial services; General Finance

A short put option position in which the writer does not have a corresponding short stock position or has not deposited, in a cash account, cash or cash equivalents equal to the ...

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