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Today's Terms
Bond
Definition:
A certificate reflecting a firm's promise to pay the holder a periodic interest payment until the date of maturity and a fixed sum of money on the designated maturing date.
Dow Jones Industrial Average
Definition:
A stock price index, based on 30 prominent stocks, that is a commonly used indicator of general trends in the prices of stocks and bonds in the United States.
Adequate warning
Definition:
If an employee is being punished for violating any kind of company rule, an adequate warning must have preceeded, either through the employee handbook or a signature that states that the employee was made aware of that particular rule.
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