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Glossary of Business Terms
beginning with letter F
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face value Tweet Definition of face value Like Definition of face value on Facebook
noun
  1. The amount or value listed on a bill, note, stamp, etc.; the stated value or amount.
  2. (idiom) No more or less than what is stated; a literal or direct meaning or interpretation.
    Please take this comment at and don't try to read anything into it.
factor Tweet Definition of factor Like Definition of factor on Facebook
noun
  1. A doer, maker; a person who does things for another person or organization
The of the trading post bought the furs.
  1. An integral part
The greatest in the decision was the need for public transportation.
The economy was a in this year's budget figures.
  1. (mathematics) Any of various objects multiply, multiplied together to form some whole
3 is a of 12, as are 2, 4 and 6.
The factors of the Klein four-group are both cyclic of order 2.
  1. (Root Cause Analysis) Influence; a phenomenon that affects the nature, the magnitude, and/or the timing of a consequence
The launch temperature was a of the Challenger disaster.
verb
  1. (transitive) To find all the factors of (a number or other mathematical object) (the objects that divide it evenly).
  2. (context, of a number or other mathematical object, intransitive) To be a product of other objects.
factory Tweet Definition of factory Like Definition of factory on Facebook
noun
  1. A place where manufacture, manufacturing takes place.
  2. A building within which manufacturing takes place.
  3. A device which produces or manufactures something.
  4. (programming) In a computer program or library, a function or method which creates an object.
finance Tweet Definition of finance Like Definition of finance on Facebook
noun
  1. The income of a ruler or of a state; revenue; public money; sometimes, the income of an individual; often used in the plural for funds; available money; resources.
  2. The science of raising and expending the public revenue.
verb (financ, ing)
  1. To borrow or provide funding for a transaction or undertaking.
His parents financed his college education.
He financed his home purchase through a local credit union.
firm Tweet Definition of firm Like Definition of firm on Facebook
noun
  1. A business partnership, the name under which it trades.
  2. In economics, a collection of individuals grouped together for economic gain.
  3. (slang) A criminal gang
verb
  1. (transitive) Make firm or strong; fix securely.
  2. (transitive) Make compact or resistant to pressure; solidify.
  3. (intransitive) Become firm; stabilise.
  4. (intransitive) Improve after decline.
  5. (intransitive) Aust. To shorten (of betting odds).
adjective
  1. steadfast, secure, hard (in position)
  2. fixed (in opinion)
  3. solid, rigid (material state)
Flip Tweet Definition of Flip Like Definition of Flip on Facebook
proper noun (plural:Flips)
  1. (slang) A Filipino; a person who is of Filipino background.
flip-flop Tweet Definition of flip-flop Like Definition of flip-flop on Facebook
noun (plural: flip-flops)
  1. An item of footwear, usually of rubber, secured by two straps mounted between the big toe and its neighbour.
  2. An instance of flip-flopping, of repeatedly changing one's stated opinion about a matter.
verb (inf=to flip-flop, flip-flops, flip-flopping, flip-flopped)
  1. To alternate back and forth between directly opposite opinions, ideas, or decisions.
float Tweet Definition of float Like Definition of float on Facebook
noun
  1. A buoyant device used to support something in water or another liquid.
Attach the and the weight to the fishing line, above the hook.
  1. A sort of trowel used for finishing concrete surfaces.
When pouring a new driveway, you can use a two-by-four as a .
  1. An elaborately decorated trailer or vehicle, intended for display in a parade or pageant.
That covered in roses is very pretty.
  1. (finance) Funds committed to be paid but not yet paid.
Our bank does a nightly sweep of accounts, to adjust the so we stay within our reserves limit.
  1. (context, finance, AU, and other Commonwealth countries?) An offering of shares in a company (or units in a trust) to members of the public, normally followed by a listing on a stock exchange.
2006, You don't actually need a broker to buy shares in a when a company is about to be listed on the Australian Stock Exchange. — w:Australian Securities and Investments Commission, Australian Securities and Investments Commission financial tips article, Buying shares in a floathttp://www.fido.asic.gov.au/fido/fido.nsf/print/Buying+shares+in+a+float?opendocument
  1. (banking) The total amount of checks/cheques or other drafts written against a bank account but not yet cleared and charged against the account.
No sir, your current is not taken into account, when assets are legally garnished.
  1. (insurance) Premiums taken in but not yet paid out.
We make a lot of interest from our nightly .
  1. (programming) Short form of floating-point number.
That routine should not have used an int, it should be a .
  1. A soft beverage with a scoop of vanilla ice-cream floating in it.
It's true - I don't consider anything other than root-beer with vanilla ice-cream to be a "real" .
  1. A small sum of money put in a cashier's till at the start of business to enable change to be made.
floater Tweet Definition of floater Like Definition of floater on Facebook
noun
  1. Anything that floats.
  2. An employee of a company who does not have fixed tasks to do but fills in wherever needed, usually when someone else is away.
  3. A threadlike speck in the visual field that seems to move, possibly caused by degeneration of the vitreous humour.
  4. An "extra" male at a dinner party, or a young friend of the hostess, whose assignment is to entertain the female guests.
  5. (insurance) A policy covering property at more than one location or which may be in transit.
  6. (police jargon) A floating corpse picked up from a body of water.
  7. (sports) An unaffiliated player.
  8. (surfing) A maneuver in which a surfer transitions above the unbroken face of the wave onto the lip, or on top of the breaking section of the wave.
  9. (vulgar) A piece of faeces that floats.
2004: He left a floater in the toilet. — poetry critical workshop http://poetry.tetto.org/read/11410/
  1. (two-up) A coin which does not spin when thrown in the air.
1998: In this section "floater" means a spin in which at least 1 of the coins does not turn over in the air at least once. — Queensland government Casino Gaming Amendment Rule (No. 2) 1998http://www.legislation.qld.gov.au/LEGISLTN/SLS/1998/98SL233.pdf
  1. Someone who attaches themselves to a group of people, much to the dismay of that group, and repeatedly shows up to participate in group activities despite attempts to get rid of, or "flush," that person.
folio Tweet Definition of folio Like Definition of folio on Facebook
noun
  1. A leaf of a book or manuscript.
  2. A sheet of paper once folded.
  3. A book made of sheets of paper each folded once (four pages to the sheet); hence, a book of the largest kind.
  4. (printing, Printing) The page number. The even folios are on the left-hand pages and the odd folios on the right-hand.
  5. A page of a book; (bookkeeping, Bookkeeping) a page in an account book; sometimes, two opposite pages bearing the same serial number.
  6. (law, Law) A leaf containing a certain number of words, hence, a certain number of words in a writing, as in England, in law proceedings 72, and in chancery, 90; in New York, 100 words. Folio post, a flat writing paper, usually 17 by 24 inches.
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Folio (Page: 578)
Fol"io (?), n.; pl. Folios (
  1. ). Ablative of L. folium leaf. See 4th Foil. 1. A leaf of a book or manuscript. 2. A sheet of paper once folded. 3. A book made of sheets of paper each folded once (four pages to the sheet); hence, a book of the largest kind. See Note under Paper. 4. (Print.) The page number. The even folios are on the left-hand pages and the odd folios on the right-hand. 5. A page of a book; (Bookkeeping) a page in an account book; sometimes, two opposite pages bearing the same serial number. 6. (Law) A leaf containing a certain number of words, hence, a certain number of words in a writing, as in England, in law proceedings 72, and in chancery, 90; in New York, 100 words. Folio post, a flat writing paper, usually 17 by 24 inches. -->
footing Tweet Definition of footing Like Definition of footing on Facebook
noun
  1. A ground for the foot; place for the foot to rest on; firm foundation to stand on.
In ascent, every step gained is a footing and help to the next. Holder.
  1. A standing; position; established place; basis for operation; permanent settlement; foothold.
As soon as he had obtained a footing at court, the charms of his manner . . . made him a favorite. Macaulay.
  1. A relative condition; state.
Lived on a footing of equality with nobles. Macaulay.
  1. A tread; step; especially, measured tread.
Hark, I hear the footing of a man. w:Shakespeare, Shakespeare
  1. The act of adding up a column of figures; the amount or sum total of such a column.
  2. The act of putting a foot to anything; also, that which is added as a foot; as, the footing of a stocking.
  3. A narrow cotton lace, without figures.
  4. The finer refuse part of whale blubber, not wholly deprived of oil. Simmonds.
  5. (Architectural & Engineering) The thickened or sloping portion of a wall, or of an embankment at its foot; foundation.
forbearance Tweet Definition of forbearance Like Definition of forbearance on Facebook
noun (deprecated spelling: forebearance)
  1. Restraint under provocation.
  2. A refraining from the enforcement of something (as a debt, right, or obligation) that is due.
foreign exchange Tweet Definition of foreign exchange Like Definition of foreign exchange on Facebook
noun
  1. The exchange of currency from one country for currency from another country.
forestall Tweet Definition of forestall Like Definition of forestall on Facebook
verb
  1. (transitive) To prevent, delay or hinder something by taking precautionary or anticipatory measures; to avert.
Fred forestalled disaster by his prompt action.
free on board Tweet Definition of free on board Like Definition of free on board on Facebook
adjective (abbreviation FOB)
  1. without charge to the purchaser for delivery on board a carrier (originally a ship), at a specified location or point; used in such phrases as FOB destination to specify the point where the title of goods passes from the seller to the buyer
free trade Tweet Definition of free trade Like Definition of free trade on Facebook
noun
  1. international trade free from government interference, especially trade free from tariffs or duties on imports
freeze Tweet Definition of freeze Like Definition of freeze on Facebook
noun
  1. A period of intensely cold weather.
  2. (curling) A precise draw weight shot where a delivered stone comes to a stand-still against a stationary stone, making it nearly impossible to knock out.
  3. (finance) A block on pay rises
verb (freezes, freezing, froze or rarely frore, frozen or rarely froren)
  1. (intransitive) To drop to a temperature below zero degrees celsius, where water turns to ice.
    • It didn't this winter, but last winter was very harsh.
      1. (context, intransitive, informal) To be very cold.
    • It's freezing in here!
      1. (intransitive) Especially of a liquid, to become solid due to low temperature.
    • The pond has frozen over.
    • Vodka won't in there, but beer will.
      1. (transitive) To lower something's temperature to the point that it freezes or becomes hard.
    • Don't meat twice.
      1. (intransitive) To become motionless.
    • The squirrel froze when it saw the hawk overhead.
freight Tweet Definition of freight Like Definition of freight on Facebook
noun
  1. Goods or items in transport
verb
  1. (transitive) to transport (goods)
freighter Tweet Definition of freighter Like Definition of freighter on Facebook
noun (pluralfreighters)
  1. One who loads a ship, or one who charters and loads a ship.
  2. One employed in receiving and forwarding freight.
  3. One for whom freight is transported.
  4. A vessel used mainly to carry freight.
friendly fire Tweet Definition of friendly fire Like Definition of friendly fire on Facebook
noun
  1. Fire from allied or friendly forces, as opposed to fire coming from enemy forces or enemy fire.
fringe Tweet Definition of fringe Like Definition of fringe on Facebook
noun
  1. A decorative border.
  2. A marginal or peripheral part.
  3. Those members of a political party etc. holding unorthodox views.
  4. The periphery of a town or city.
  5. That part of the hair that hangs down over the eyes (US bangs).
  6. (physics) A light or dark band formed by the diffraction of light.
  7. (The Fringe) non-mainstream theatre.
verb (fring, ing)
  1. (transitive) To decorate with fringe.
  2. (transitive) To serve as a fringe.
adjective
  1. Outside the mainstream
frozen Tweet Definition of frozen Like Definition of frozen on Facebook
verb
  1. (past participle of, freeze)
    • The mammoth was shortly after death.
adjective
  1. The state of that which freezes; in ice form.
    • The mammoth has been for ten thousand years.
      1. immobilized
    • I just stood as the robber pointed at me with his gun.''
fund Tweet Definition of fund Like Definition of fund on Facebook
noun
  1. a sum or source of money
verb
  1. (transitive) To pay for.

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