A visa that the US uses to let foreign parties to work here temporarily. An employer must sponser them and the job must be in one area by law. They can stay 6 years max and have a bachelors degree in the field in question.
H-BEAM
A hot rolled steel beam.It has a h shaped cross section used in piling and retaining walls.
HABENDUM
A section in a deed or mortgate that shows property transfer. It states “to have and to hold the premises herein granted unto the party of the second part, his heirs, and assigns forever.”
HABIT BUYING
Buying the same brand over and over. It is due to lack of negativity rather than loyalty. It involves low involvement products.
HABITAT
1. the environmental conditions of a place. 2. the surroundings an organizm or species is adapted to that meets its needs. It can be light, moisture, temperature, food, and predators. It can be a big area or a small area.
HACCP
The analysis of hazards and control points. It can relate to food and its possible health hazards in its distribution. It prevents contamination and uses food inspectors to do the work. It places the responsibilty on the producer of the food. It relates t
HACCP PROCESS
It starts to evaluate a situation to assess the healthhazard based on the contaminant ingredients, controlled steps to prevent the hazards, and the distribution chain not being hazardous. Should the area not be taking proper measures it is noted.
HACKER
A programmer that breaks into accounts to get access for the thrill of it. It is criminal action and can be altering, stealing, or taking funds.
HAGUE PROTOCOL
A 1955 convention that changed the Warsaw Convention to limit an airline’s liability for carried goods and passengers. It is followed by the US.
HAGUE RULES
A 1922 convention that make the basic obligations for a shipper and ocean carrier regarding goods with a bill of lading. It prevents dissatisfaction and liabilty due to cargo damage. 90% of the nations use this in 1936 as the Carraige of Goods by sea act.
HAGUE-VISBY RULES
The new name for the Hague rules that were changed in 1968. AKA Brussells Protocol of Amendments to the Hague Rules. It increases the limit of liability and containerized cargo.
HAIRCUT
1. cutting excess without losing the main goal. 2. the difference betwen the market and loan advanced based on an asset. Refer to loan asset. 3. the marginbetween the buying and selling price. 4. a broker’s estimate of loss based on the risks. The less ch
HALF COMMISSION MAN
A party that tries to get new clients to buy investments through a firm. They get half the fee as commission.
HALF DUPLEX CONNECTION
A communication when one party can send voice or data and the other party must wait. A band radio is an example of this.
HALF LIFE (T½)
The time it takes a material to lose half its amount or concentration. It is related to biodegredation.
HALF PENSION RATE
A European term for a room rate with breakfaste only and one extra meal. AKA demi board rate, demi pension rate, half borad rate, or modified american plan. Refer to en pension rate.
HALF-YEAR CONVENTION
The idea that a new asset is used for half the year. It shows how depreciation, tax earnings, and annual earnings related to taxation.
HALFTONE
Repeating a single tone or image that can have many colors. It creates small dots to get the color printed. Small grids are used to do this. If shade is made than a different size dots are used.
HALLIBURTON
A oil and gas company from the US that drills, and produces crude oil. It has global branches and has been in business since 1919. It is the parent company of KBR. Dick Cheney was CEO and has had many governmental contracts.
HALO EFFECT
Sharing good feelings about one element of a product or person to another. It can be unrelated. It is different from the devil’s horns.
HALOGEN
A group of 5 chemicals that are bromide, astatine, iodine, chlorine, and flourine. It canbe gas, solid, and liquid. They are poisonous and reactive. They smell bad and have colored fumes. Refer to halon.
HALOGENATED HYDROCARBON
A hydrocarbon with atoms of bromine, chlorine, or flourine from group 17. The production of these hydrocarbons are restricted. AKA halocarbon.
About The Finance Dictionary
The Finance Dictionary has over 20,000 business and finance terms defined for today's professionals.