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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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timer mechanism

Sports; Shooting

This is a device that releases a target 0-3 seconds after the competitor has called for it to be released.

yield curb

Financial services; General Finance

Applies mainly to convertible securities. Difference in current yield between the convertible and the underlying common.

quarter shot

Sports; Golf

A shot hit with a significantly reduced swing.

V

Financial services; General Finance

Fifth letter of a Nasdaq stock symbol indicate that it is when-issued or when-distributed.

overgear

Sports;

using a gear ratio too big for the terrain or level of fitness.

security

Financial services; General Finance

Piece of paper that proves ownership of stocks, bonds, and other investments.

loans payable

Financial services; Accountancy

Financial liabilities other than short-term trade payables on normal credit terms.

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