IOU
An informal document that recognizes a debt owed. It is an abbreviation (in phonetic) of "I owe you". The debt is not necessarily a monetary value; it can also involve other items. Individuals who issue IOU are given free reign in constructing and issuing an IOU. Information such as time, date, interest, and payment type are not necessary but can be implied.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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