SHARE-DRAFT ACCOUNT
Share-Draft Account is an account that enables credit-union members to access the shared balance through the writing of drafts on their accounts. It was established under the jurisdiction of the Consumer Checking Account Equity Act of 1980. Unlimited number of checks are allowed in share-draft accounts as it is secured by federal insurance with the earned interests compounded quarterly.
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Quality Control Chart
A graphic that shows if sampled products are meeting their intended specifications and, if not, the degree by which they vary from those specificat ...
Value Chain
Value Chain is a high-level model depicting the process of how a particular business obtains raw materials and adds value to these materials by und ...
Stepwise Regression
Incremental, iterative construction of a regression model encompassing selecting independent variables automatically. This can be attained either b ...
Topside
Upper portion of an oil platform holding the drilling rig, production plant, and accommodation block or lodging. Seen above the water line, it pert ...
Conditional Probability
Probability of an event granted that another has occurred. It is computed by multiplying the probability of the previous event by the recent probab ...
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