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Financial Terms | |
Pac-Man |
Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
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Definition of Pac-ManPac-Manstrategy Takeover defense strategy in which the prospective acquiree retaliates against the
Related Terms:Abusive Earnings ManagementThe use of various forms of gimmickry to distort a company's true financial performance in order to achieve a desired result. Abusive Earnings ManagementA characterization used by the Securities and Exchange activity-based management (ABM)a discipline that focuses on the activities incurred during the production/performance process as the way to improve the value received Aggregate DemandTotal quantity of goods and services demanded. Aggregate Demand CurveCombinations of the price level and income for which the goods and services market is in equilibrium, or for which both the goods and services market and the money market are in equilibrium. Asset/liability managementAlso called surplus management, the task of managing funds of a financial BARRA's performance analysis (PERFAN)A method developed by BARRA, a consulting firm in ![]() Bottom-up equity management styleA management style that de-emphasizes the significance of economic budget manuala detailed set of documents that provides information CapacityThe maximum volume of products or services that can be produced given limitations of space, capacitya measure of production volume or some other activity base Capacity utilizationThe proportion of capacity that is able to be utilized to fulfil customer demand for products Cash management billVery short maturity bills that the Treasury occasionally sells because its cash Certified Management Accountant (CMA)a professional designation in the area of management accounting that ClaimantA party to an explicit or implicit contract. ClaimantPerson or party making request for payment of benefits under the terms of an insurance policy. ![]() ComangerA bank that ranks just below a lead manager in a syndicated Eurocredit or international bond Committee, AIMR Performance Presentation Standards Implementation CommitteeThe Association for Investment management and Research (AIMR)'s Performance Presentation Standards Implementation computer-aided manufacturing (CAM)the use of computers to control production processes through numerically computer integrated manufacturing (CIM)the integration of two or more flexible manufacturing systems through the use of a host computer and an information networking system contract manufactureran external party that has been granted an outsourcing contract to produce a part or component for an entity Corporate financial managementThe application of financial principals within a corporation to create and cost management system (CMS)a set of formal methods cost of goods manufactured (CGM)the total cost of the Cost of manufactureThe cost of goods manufactured for subsequent sale. Debt capacityAbility to borrow. The amount a firm can borrow up to the point where the firm value no Debt CapacityAn assessment of ability and willingness to repay a loan from anticipated future cash flow or other sources. DemandAn amount desired, in the sense that people are willing and able to pay to obtain this amount. Always associated with a given price. Demand DepositA bank deposit that can be withdrawn on demand, such as a deposit in a checking account. Demand depositsChecking accounts that pay no interest and can be withdrawn upon demand. Demand line of creditA bank line of credit that enables a customer to borrow on a daily or on-demand basis. Demand LoanA loan which must be repaid in full on demand. Demand Management PolicyFiscal or monetary policy designed to influence aggregate demand for goods and services. Demand master notesShort-term securities that are repayable immediately upon the holder's demand. Demand-Pull InflationInflation whose initial cause is excess demand rather than cost increases. See also cost-push inflation. Demand shockAn event that affects the demand for goods in services in the economy. design for manufacturability (DFM)a process that is part of the project management of a new product; concerned with finding optimal solutions to minimizing product failures Earnings ManagementThe active manipulation of earnings toward a predetermined target. Excess CapacityUnused production capacity. Excess DemandA situation in which demand exceeds supply. expected capacitya short-run concept that represents the flexible manufacturing system (FMS)a production system in which a single factory manufactures numerous variations Group rotation managerA top-down manager who infers the phases of the business cycle and allocates Growth managerA money manager who seeks to buy stocks that are typically selling at relatively high P/E Hedging demandsDemands for securities to hedge particular sources of consumption risk, beyond the usual Human capitalThe unique capabilities and expertise of individuals. ideal capacitysee theoretical capacity Institute of Management Accountants (IMA)an organization composed of individuals interested in the field of management accounting; it coordinates the Certified management Investment managerAlso called a portfolio manager and money manager, the individual who manages a Just-in-time manufacturingThe term for several manufacturing innovations that just-in-time manufacturing systema production system that attempts to acquire components and produce inventory only as needed, to minimize product defects, and to Lead managerThe commercial or investment bank with the primary responsibility for organizing syndicated Managed floatAlso known as "dirty" float, this is a system of floating exchange rates with central bank Managementmanagement refers to the individuals in an entity that have the authority and the responsibility to manage the entity. The positions of these individuals, and their titles, vary from one entity to another and, to some extent, from one country to another depending on the local laws and customs. Thus, when the context requires it, the term includes the board of directors or committees of the board which are designated to oversee certain matters (e.g., audit committee). Management accountingThe production of financial and non-financial information used in planning for the future; making decisions about products, services, prices and what costs to incur; and ensuring that plans are implemented and achieved. management accountinga discipline that includes almost Management Accounting Guidelines (MAGs)pronouncements of the Society of management Accountants of Management buyout (MBO)Leveraged buyout whereby the acquiring group is led by the firm's management. management buyout (MBO)Acquisition of the firm by its own management in a leveraged buyout. Management/closely held sharesPercentage of shares held by persons closely related to a company, as management controlThis is difficult to define in a few words—indeed, an management control system (MCS)an information system that helps managers gather information about actual organizational occurrences, make comparisons against plans, management expense ratio (MER)The total expenses expressed as an annualized percentage of daily average net assets. MER does not include brokerage fees and commissions, which are also payable by the Fund. Management feeAn investment advisory fee charged by the financial advisor to a fund based on the fund's management feeThe fee paid to the fund’s manager for supervising the administration of the fund. management information system (MIS)a structure of interrelated elements that collects, organizes, and communicates management stylethe preference of a manager in how he/she interacts with other stakeholders in the organization; Managerial decisionsDecisions concerning the operation of the firm, such as the choice of firm size, firm Mandatory redemption scheduleSchedule according to which sinking fund payments must be made. Mangement's discussionA report from management to the shareholders that accompanies the firm's Manufactured housing securities (MHSs)Loans on manufactured homes - that is, factory-built or manufacturera company engaged in a high degree of conversion manufacturing cella linear or U-shaped production grouping of workers or machines manufacturing cycle efficiency (MCE)a ratio resulting from dividing the actual production time by total lead time; Manufacturing resource planningAn integrated, computerized system for planning manufacturing resource planning (MRP II)a fully integrated materials requirement planning system that involves Manufacturing resource planning (MRP II)An expansion of the material requirements planning concept, with additional computer-based capabilities in the areas of Market impact costsAlso called price impact costs, the result of a bid/ask spread and a dealer's price concession. Money managementRelated: Investment management. Money managerRelated: Investment manager. Money market demand accountAn account that pays interest based on short-term interest rates. Nondiversifiability of human capitalThe difficulty of diversifying one's human capital (the unique normal capacitythe long-run (5–10 years) average production One man pictureThe picture quoted by a broker is said to be a one-man picture if both the bid and offered open-book managementa philosophy about increasing a firm’s performance by involving all workers and by ensuring Operational Earnings Managementmanagement actions taken in the effort to create stable Packing slipA document attached to a customer shipment, describing the contents Passive investment managementBuying a well-diversified portfolio to represent a broad-based market Performance attribution analysisThe decomposition of a money manager's performance results to explain Performance evaluationThe evaluation of a manager's performance which involves, first, determining performance evaluationthe process of determining the degree performance management systema system reflecting the entire package of decisions regarding performance measurement and evaluation Performance measurementThe calculation of the return realized by a money manager over some time interval. Performance sharesShares of stock given to managers on the basis of performance as measured by earnings Permanent accountsThe accounts found on the Balance Sheet; these account balances are carried forward for the lifetime of the company. Permanent CapitalFinancing needed for the normal operation of a business, that is long term capital and working capital. Permanent Income HypothesisTheory that individuals base current consumption spending on their perceived long-run average income rather than their current income. Portfolio managementRelated: Investment management Portfolio managerRelated: Investment manager Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit. |