4 Terms
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Finance
Industry: Financial services
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Finance
Inventory turnover
Financial services; Finance
A ratio showing how many times a company's inventory is sold and replaced over a period.
Passive income
Financial services; Finance
Funds added to one's account or income in general not based on work, can be credit tax of funds in an account.
Sealed bid auction
Financial services; Finance
An auction in which the competing parties submit confidential bids by a specified date, sometimes known as a blind auction.
Loan capital
Financial services; Finance
Capital raised by borrowing money rather than from retained income or from issuing shares for sale on the stock market.
Decentralised market
Financial services; Finance
A market without a physical centralised location in which investors interact with one another. The foreign exchange market is an example of a decentralised market because investors have online access ...
Face value
Financial services; Finance
The value or price which is shown on, for example, a stamp, a coin or a bank note.
Asset
Financial services; Finance
An economic resource, tangible or intangible, that is capable of being owned or controlled to produce value and that is held to have positive economic value.
