Term
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Definition
| beliefs about what is right and wrong or good and bad in actions that affect others |
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Term
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Definition
| behavior conforming to generally accepted social norms concerning beneficial and harmful actions |
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Term
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Definition
| behavior that does not conform to generally accepted social norms concerning beneficial and harmful actions |
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Term
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Definition
| ethical or unethical behaviors by employees in the context of their jobs |
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Term
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Definition
| standards of behavior that guide individual managers in their work |
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Term
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Definition
| the attempt of a business to balance its commitments to groups and individuals in its environment, including customers, other businesses, employees, investors, and local communities |
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Term
| Organizational Stakeholders |
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Definition
| those groups, individuals, and organizations that are directly affected by the practices of an organization and who therefore have a stake in its performance |
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Term
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Definition
| form of social activism dedicated to protecting the rights of the consumers in their dealings with businesses |
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Term
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Definition
| illegal agreement between two or more companies to commit a wrongful act |
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Term
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Definition
| employee who detects and tries to put an end to a company's unethical, illegal, or socially irresponsible actions by publicizing them |
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Term
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Definition
| illegal practice of using special knowledge about a firm for profit or gain |
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Term
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Definition
| approach to social responsibility that involves doing as little as possible and may involve attempts to deny or cover up violations |
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Term
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Definition
| approach to social responsibility by which a company meets only minimum legal requirements in its commitments to groups and individuals in its social environment |
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Term
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Definition
| approach to social responsibility by which a company, if specifically asked to do so, exceeds legal minimums in its commitments to groups and individuals in its social environment |
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Term
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Definition
| approach to social responsibility by which a company actively seeks opportunities to contribute to the well-being of groups and individuals in its social environment |
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Term
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Definition
| systematic analysis of a firm's success in using funds earmarked for meeting its social responsibility goals |
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Term
| Information Technology (IT) |
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Definition
| various appliances and devices for creating, storing, exchanging, and using information in diverse modes, including visual images, voice, multimedia, and business data |
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Term
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Definition
| use of the Internet and other electronic means for retailing and business-to-business transactions |
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Term
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Definition
| principle in which companies produce in large volumes, but each item features the unique options the customer prefers |
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Term
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Definition
| gigantic system of interconnected computer networks linked together by voice, electronic, and wireless technologies |
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Term
| Hypertext Transfer Protocol (HTTP) |
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Definition
| communications protocol used for the World Wide Web, in which related pieces of information on separate web pages are connected using hyperlinks |
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Term
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Definition
| branch of the Internet consisting of interlinked hypertext documents, or web pages |
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Term
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Definition
| organization's private network of internally linked websites accessible only to employees |
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Term
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Definition
| system that allows outsiders limited access to a firm's internal information network |
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Term
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Definition
| IT that allows groups of people to communicate simultaneously from various locations via e-mail, phone, or video |
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Term
| VSAT Satellite Communications |
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Definition
| network of geographically dispersed transmitter-receivers (transceivers) that send signals to and receive signals from a satellite, exchanging voice, video, and data transmissions |
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Term
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Definition
| group of two or more computers linked together by some form of cabling or by wireless technology to share data or resources, such as a printer |
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Term
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Definition
| common business network in which clients make requests for information or resources and servers provide the service |
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Term
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Definition
| computers that are linked over long distances through telephone lines, microwave signals, or satellite communications |
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Term
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Definition
| computers that are linked in a small area, such as all of a firm's computers within a single building |
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Term
| Wireless Wide Area Network (WWAN) |
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Definition
| network that uses airborne electronic signals instead of wires to link computers and electronic devices over long distances |
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Term
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Definition
| technology using a wireless local area network |
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Term
| Wireless Local Area Network (Wireless Lan or WLan) |
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Definition
| local area network with wireless access points for PC users |
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Term
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Definition
| physical components of a computer network, such as keyboards, monitors, system units, and printers |
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Term
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Definition
| programs that tell the computer how to function, what resources to use, how to use them, and application programs for specific activities |
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Term
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Definition
| system that uses IT resources to convert data into information and to collect, process, and transmit that information for use in decision making |
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Term
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Definition
| raw facts and figures that, by themselves, may not have much meaning |
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Term
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Definition
| meaning, useful interpretation of data |
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Term
| Information System Managers |
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Definition
| managers who operate the systems used for gathering, organizing, and distributing information |
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Term
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Definition
| the collection, storage, and retrieval of data in electronic files |
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Term
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Definition
| the application of electron technologies for searching, sifting, and reorganizing pools of data to uncover useful information |
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Term
| Knowledge Information System |
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Definition
| information system that supports knowledge workers by providing resources to create, store, use, and transmit new knowledge for useful applications |
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Term
| Computer-Aided Design (CAD) |
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Definition
| IS with software that helps knowledge workers design products by simulating them and displaying them in three-dimensional graphics |
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Term
| Computer-Aided Manufacturing (CAM) |
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Definition
| IS that uses computers to design and control equipment in a manufacturing process |
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Term
| Management Information System (MIS) |
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Definition
| computer system that supports managers by providing information- reports, schedules, plans, and budgets- that can be used for making decisions |
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Term
| Decision Support System (DSS) |
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Definition
| interactive system that creates virtual business models for a particular kind of decision and tests them with different data to see how they respong |
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Term
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Definition
| cybercriminal who gains unauthorized access to a computer or network, either to steal information, money, or property or to tamper with data |
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Term
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Definition
| unauthorized use of personal information (such as Social Security number and address) to get loans, credit cards, or other monetary benefits by impersonating the victim |
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Term
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Definition
| something produced by the intellect or mind that has commercial value |
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Term
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Definition
| program unknowingly downloaded by users that monitors their computer activities, gathering e-mail addresses, credit card numbers, and other information that it transmits to someone outside the host system |
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Term
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Definition
| junk e-mail sent to a mailing list or a newsgroup |
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Term
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Definition
| security system with special software or hardware devices designed to keep computers safe from hackers |
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Term
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Definition
| product that protects systems by searching incoming e-mails and data files for "signatures" of known viruses and virus-like characteristics |
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Term
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Definition
| software that assigns an e-mail message to a unique code number (digital fingerprint) for each computer so only that computer, not others, can open and read the message |
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Term
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Definition
| object that is portable, divisible, durable, and stable, and that serves as a medium of exchange, a store of value, and a measure of worth |
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Term
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Definition
| measure of the money supply that includes only the most liquid (spendable) forms of money |
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Term
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Definition
| government-issued paper money and metal coins |
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Term
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Definition
| demand deposit order instructing a bank to pay a given sum to a specified payee |
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Term
| Checking Account (Demand Deposit) |
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Definition
| bank account funds, owned by the depositor, that may be withdrawn at any time by check or cash |
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Term
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Definition
| measure of the money supply that includes all of the components of M-1 plus the forms of money that can be easily converted into spendable forms |
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Term
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Definition
| bank funds that have a fixed term of time to maturity and cannot be withdrawn earlier or transferred by check |
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Term
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Definition
| fund of short-term, low-risk financial securities purchased with the pooled assets of investor-owners |
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Term
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Definition
| company that accepts deposits that it uses to make loans, earn profit, pay interest to depositors, and pay dividends to owners |
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Term
| Electron Funds Transfer (EFT) |
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Definition
| communication of fund-transfer information over wire, cable, or microwave |
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Term
| Automated Teller Machine (ATM) |
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Definition
| electronic machine that allows bank customers to conduct account-related activities 24 hours a day, 7 days a week |
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Term
| Federal Deposit Insurance Corporation (FDIC) |
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Definition
| federal agency that guarantees the safety of deposits up to $250,000 in the financial institutions that it insures |
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Term
| Federal Reserve System (The Fed) |
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Definition
| central bank of the United States, which acts as the government's bank, serves members of commercial banks, and controls the nation's money supply |
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Term
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Definition
| management of the nation's economic growth by managing the money supply and interest rates |
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Term
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Definition
| percentage of its deposits that a bank must hold in cash or on deposit with the Fed |
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Term
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Definition
| interest rate at which member banks can borrow money from the Fed |
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Term
| Federal Funds Rate (Key Rate) |
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Definition
| interest rate at which commercial banks lend reserves to each other, usually overnight |
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Term
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Definition
| the Fed's sale and purchase of securities in the open market |
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Term
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Definition
| plastic card that allows an individual to transfer money between accounts |
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Term
| Point-of-Sale (POS) Terminal |
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Definition
| electronic device that transfers funds from the customer's bank account to pay for retail purchases |
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Term
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Definition
| credit-card-sized plastic card with an embedded computer chip that can be programmed with electronic money |
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Term
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Definition
| the value of one currency compared to the value of another |
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Term
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Definition
| UN agency that provides a limited scope of financial services, such as funding improvements in underdeveloped countries |
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Term
| International Monetary Fund (IMF) |
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Definition
| UN agency consisting of about 150 nations that have combined resources to promote stable exchange rates, provide temporary short-term loans, and serve other purposes |
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Term
| Savings and Loan Association (S&L) |
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Definition
| financial institution accepting deposits and making loans primarily for home mortgages |
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Term
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Definition
| financial institution whose depositors are owners sharing in its profits |
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Term
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Definition
| nonprofit, cooperative financial institution owned and run by its members, usually employees of a particular organization |
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Term
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Definition
| non-deposit pool of funds managed to provide retirement income for its members |
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Term
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Definition
| non-deposit institution that invests funds collected as premiums charged for insurance coverage |
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Term
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Definition
| interest rate available to a bank's most creditworthy customers |
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Term
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Definition
| non-deposit institution that specializes in making loans to businesses and consumers |
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Term
| Securities Investment Dealer (Broker) |
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Definition
| financial institution that buys and sells stocks and bonds both for investors and for its own accounts |
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Term
| Individual Retirement Account (IRA) |
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Definition
| tax-deferred pension fund that wage earners set up to supplement retirement funds |
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Term
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Definition
| management by a bank of an estate, investments, or other assets on behalf of an individual |
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Term
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Definition
| bank promise, issued for a buyer, to pay a designated firm a certain amount of money if specified conditions are met |
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Term
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Definition
| bank promise, issued for a buyer, to pay a designated firm a specified amount at a future date |
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Term
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Definition
| principle that invested money grows, over time, by earning interest or some other form of return |
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Term
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Definition
| compounding of interest over time- with each additional time period, interest returns accumulate |
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Term
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Definition
| portion of ownership of a corporation |
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Term
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Definition
| most basic form of ownership, including voting rights on major issues, in a company |
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Term
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Definition
| current price of a share of stock in the stock market |
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Term
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Definition
| value of a common stock expressed as the firm's owners' equity divided by the number of common shares |
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Term
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Definition
| payment to shareholders, on a per-share basis, out of the company' earnings |
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Term
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Definition
| common stock issued by a well-established and respected company with a sound financial history and a stable pattern of dividend payouts |
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Term
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Definition
| company that pools cash investments from individuals and organizations to purchase a portfolio of stocks, bonds, and other securites |
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Term
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Definition
| mutual fund in which investors pay no commissions when they buy in or sell out |
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Term
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Definition
| mutual fund in which investors are charged sales commissions when they buy in or sell out |
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Term
| Exchange-Traded Fund (ETF) |
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Definition
| bundle of stocks or bonds that are in an index that tracks the overall movement of a market but, unlike a mutual fund, can be traded like a stock |
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Term
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Definition
| stocks, bonds, and mutual funds representing secured, or asset-based, claims by investors against issuers |
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Term
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Definition
| markets in which stocks and bonds are sold |
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Term
| Primary Securities Market |
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Definition
| market in which new stocks and bonds are bought and sold by firms and governments |
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Term
| Securities and Exchange Commission (SEC) |
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Definition
| government agency that regulates US securities markets |
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Term
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Definition
| financial institution that specializes in issuing and reselling new securities |
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Term
| Secondary Securities Market |
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Definition
| market in which existing (not new) stocks and bonds are sold to the public |
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Term
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Definition
| an organization of individuals to provide an institutional auction setting in which stocks can be bought and sold |
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Term
| National Association Of Securities Dealers Automated Quotation (NASDAQ) System |
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Definition
| world's oldest electronic stock market consisting of dealers who buy and sell securities over a network of electronic communations |
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Term
| Electron Communication Network (ECN) |
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Definition
| electronic trading system that brings buyers and sellers together outside traditional stock exchanges |
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Term
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Definition
| individual or organization that receives and executes buy and sell orders on behalf of outside customers in return for commissions |
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Term
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Definition
| procedure that holds investors' shares in book-entry form, rather than issuing a physical paper certificate of ownership |
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Term
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Definition
| statistical indicator designed to measure the performance of a large group of stocks or track the price changes of a stock market |
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Term
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Definition
| period of rising stock prices, lasting 12 months or longer, featuring investor confidence for future gains and motivation to buy |
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Term
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Definition
| period of falling stock prices marked by negative investor sentiments with motivation to sell ahead of anticipated losses |
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Term
| Dow Jones Industrial Average (DJIA) |
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Definition
| oldest and most widely cited market index based on the prices of 30 blue-chip, large-cap industrial firms on the NYSE |
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Term
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Definition
| market index of US equities based on the performance of 500 large-cap stocks representing various sectors of the overall equities market |
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Term
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Definition
| market index that includes all NASDAQ-listed companies, both domestic and foreign, with a high proportion of technology companies and small-cap stocks |
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Term
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Definition
| specialty index that uses 2000 stocks to measure the performance of the smallest US companies |
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Term
| Risk-Return (Risk-Reward) Relationship |
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Definition
| principle that safer investments tend to offer lower returns whereas riskier investments tend to offer high returns (rewards) |
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Term
| Current/Interest Dividend Yield |
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Definition
| yearly dollar amount of income divided by the investment's current market value, expressed as a percentage |
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Term
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Definition
| increase in the dollar value of an investment at two points in time (the amount by which the price of a security increases) |
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Term
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Definition
| profit realized from the increased value of an investment |
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Term
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Definition
| purchase of several different kinds of investments rather than just one |
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Term
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Definition
| relative amount of funds invested in (or allocated to) each of several investment aternatives |
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Term
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Definition
| combined holdings of all the financial investments of any company or individual |
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Term
| Secured Loan (Asset-Backed Loan) |
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Definition
| loan to finance an asset, backed by the borrower pledging the asset as collateral to the lender |
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Term
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Definition
| asset pledged for the fulfillment of repaying a loan |
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Term
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Definition
| amount of money that is loaned and must be repayed |
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Term
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Definition
| fee paid to a lender for the use of borrowed funds; like a rental fee |
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Term
| Annual Percentage Rate (APR) |
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Definition
| one-year rate that is charged for borrowing, expressed as a percentage of the borrowed principal |
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Term
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Definition
| loan for which collateral is not required |
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Term
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Definition
| outside investors who provide new capital for firms in return for a share of equity ownerhsip |
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Term
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Definition
| private funds from wealthy individuals seeking investment opportunities in new growth companies |
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Term
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Definition
| formal pledge obligating the issuer (the company) to pay interest periodically and repay the principal at maturity |
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Term
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Definition
| legal document containing complete details of a bond issue |
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Term
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Definition
| future date when repayment of a bond is due from the bond issuer (borrower) |
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Term
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Definition
| amount of money that the bond buyer (lender) lent the issuer and that the lender will receive upon repayment |
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Term
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Definition
| failure of a borrower to make payment when due to a lender |
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Term
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Definition
| request for court enforcement of a bond's terms of payment |
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Term
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Definition
| court-granted permission for a company to not pay some or all debts |
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Term
| Mortgage-Backed Security (MBS) |
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Definition
| mortgages pooled together to form a debt obligation- a bond- that entitles the holder (investor) to cash that flows in from the bundled mortgages |
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Term
| Initial Public Offering (IPO) |
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Definition
| first sale of a company's stock to the general public |
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Term
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Definition
| investor conducting a type of hostile corporate takeover against the wishes of a company |
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Term
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Definition
| stock dividend paid in additional shares to shareholders, thus increasing the number of outstanding shares |
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Term
| Market Capitalization (Market Cap) |
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Definition
| total dollar value of all the company's outstanding shares |
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Term
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Definition
| long-term borrowing from sources outside a company |
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Term
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Definition
| using the owners' funds from inside the company as the source for long-term funding |
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Term
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Definition
| registration statement filed with the SEC, containing information for prospective investors about a security to be offered and the issuing company |
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Term
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Definition
| illegal practice of using special knowledge about a firm for profit or gain (Martha Stewart!) |
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Term
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Definition
| to apportion for a specific purpose or to particular persons or things |
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Term
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Definition
| to appoint, assign, or designate for a fixed time |
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Term
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Definition
| for every hour you are in class, you should study at least two hours |
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Term
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Definition
| the amount of time (in minutes) you spend on leisure activities divided by 960 |
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Term
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Definition
| idea that a limited number of tasks often produce a significant impact |
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Term
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Definition
| idea that 80% of importance lies in 20% of the list |
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Term
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Definition
| System that allows you to schedule your time based on prioritizing through ranking tasks |
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Term
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Definition
| Procrastination may be the result of these two outcomes |
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Term
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Definition
| a task that is both urgent and important |
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Term
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Definition
| a task that is important but not urgent |
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Term
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Definition
| a task that is not urgent or extremely important |
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Term
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Definition
loan amount borrowed
example: a 10000 student loan requires that you repay 10000 in (this) |
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Term
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Definition
what a lender charges a borrower for a loan
example: a 6% (this) rate on your your student loan requires that you pay an extra 3323 in interest over the life of that loan |
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Term
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Definition
| amount based on the original loan plus the agreed-upon interest rate (paid 12 times per year) |
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Term
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Definition
| the total sum of interest and principal payments paid over the life of a loan |
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