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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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riser

Sports; Archery

The Riser is another name for the handle. Risers are made of material, usually aluminum allows, which is both lightweight and strong. The riser joins the limbs together and it is ...

substitutions

Sports; Baseball

One player can be substituted for another player but the player who is taken out of the game is not allowed to return.

waitlisted (WL)

Aviation; Airport

Flight booked and passenger put on a priority standby basis.

most active list

Financial services; General Finance

The stocks with the highest volume of trading on a certain day.

beat

Entertainment; Music

The time unit of a piece of music, to give rhythm.

Variable Ratio Write

Financial services; General Finance

An option strategy in which the investor owns 100 shares of the underlying security and writes two call options against it, each option having a different striking price.

switchback

Sports;

a turn sharper than 90 degrees. Switchbacks are found mainly on hills that are too steep to be ascended (or descended) using a direct path.

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