Friday, December 9, 2011

Finance Glossary


Agio: The percentage charged by a bank for exchanging one form of currency or money, into another that is more valuable.

Aggressive Growth Fund: A high risk investment fund in which shares are expected to increase in value very quickly in the hope of making large profits.

Aggregate Planning: The process of planning and developing the best way of producing the right amount of goods, at the right time and at the minimum cost, based on the total number of items which need to be produced, and the amount of materials, equipment and workers necessary for production.


sAlpha Test: The first stage of testing a new product, especially computer software or hardware, carried out by a developer under controlled conditions.