An accounting term. It refers to method of inventory issues, where issues are made from the earliest lot received till they are exhausted.

When bills of exchange or other securities carry the endorsement of a will-known bank, finance house or discount house, it is called a first class paper. Also called gift-edged Security.

Also called organization, undertaking company, enterprise; a formal group for business purpose.

1) Destructive burning. 2) (Informal) Discharge a worker.

Stock of products whose manufacturing process is complete and can be readily sold.

Making careful and meticulous adjustment to a plan, prices, presentation etc, to make it more convincing and acceptable to recipient.

In respect of a contract, whose some details and particulars may not attract the attention of the accepting party.

Stands for changing a short term debt into a long term debt. Rescheduling of repayment of liabilities.

The fee paid to someone who facilitates the process of coming together of buyer and seller.

It is the accounting year, not necessarily the same as the calendar year.

When identification of new products for diversification are made keeping in view the improvement in cash flow and working capital requirements financial synergy comes into pay.

The pattern of financing of a business between risk capital (equity) and loan capital including short term debts.

Balance sheet, income statement, fund flow statements or any other financial data obtained from financial records.

The possibility that the return on some investment or the value of an asset will be negative.

A report dealing with the operating results and financial position of an organization.

Relationship between any two selected items of financial and business data.

Refers to the planning undertaken by an institution, government or private entities regarding development of its finances. Also planning resources for its projected needs.

The process of obtaining fund and utilizing it in such a fashion so that the enterprise derives required benefit.

An institution or an individual who acts as a mediator between those who save and those who produce and/or invest.

Institutions whose business is to lend and supply credit for commercial operations. Examples: ICICI, IDBI, IFC, SFCS, IBRD (Word Bank), ADB and also commercial banks.