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Definition of Confidence level
The degree of assurance that a specified failure rate is not exceeded.
the maximum limit for the number of defects or errors in a process
a cost that is caused by a group of things
A measure of investors' faith in the economy and the securities market. A low or
Bond with a stream of coupon payments that are the same throughout the life of the bond.
The characteristic of the scheduled principal and interest payments due under a mortgage such that
A premium that remains unchanged throughout the life of a policy
This is a type of insurance for which the cost is distributed evenly over the premium payment period. The premium remains the same from year to year and is more than actual cost of protection in the earlier years of the policy and less than the actual cost of protection in the later years. The excess paid in the early years builds up a reserve to cover the higher cost in the later years.
An itemization of all bill of material components, including
a cost incurred to support the ongoing
A weighted average of prices of all goods and services where the weights are given by total spending on each good or service. Measured by a price index.
a cost that is caused by the development, production, or acquisition of specific products or services
A price level above which it is supposedly difficult for a security or market to rise.
A list of all components used in a parent item.
A price level below which it is supposedly difficult for a security or market to fall.
a cost caused by the production or acquisition
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