SOUR CRUDE
Sour crude is a crude oil that has not met content requirements. Barrels of crude oil that are below the required quality due to reasons like low levels of hydrogen sulfide or carbon dioxide must be stabilized for safety reasons. A sour crude is confirmed if the sulfur level surpasses 0.5%. The purity of the oil is affected if a sour crude is not dealt with immediately.
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Mature Economy
An economic situation where the birth rate is stable or lower than mortality rate, as well as the pace of economic growth has slowed down. It is ch ...
Blackberry Addiction
Colloquial term for overreliance or overuse of Blackberry. The smartphone is manufactured by Research in Motion. It is a prevailing condition for s ...
Completed Contract Method - CCM
Accounting method allowing a taxpayer or business to defer reporting of income and expenses until the contract has been completed. Frequently, this ...
Choice Market
Market in which the spread between the bid and ask prices for a particular financial instrument is zero. Meaning the instrument can be purchased fo ...
Rational Pricing
A theory that states the prices that reflect a security’s fundamental value and the absence of arbitrage opportunities.
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