ENCYCLOPEDIA Hip-Pocket Business Counsellor-A Pigeon-Hole Legal Combined Into Two Volumes- As full of facts and useful information as COMPILED BY 27 EXPERTS ho have worried about as you have worried about-worked and legal points these two little THE SYSTEM COMPANY CHICAGO The Business Man's Encyclopedia BOOK III BUSINESS DICTIONARY All of the common terms used in business and commerce are defined elsewhere in these volumes and may be easily referred to by consulting the index. All necessary terms not so defined are here listed for consultation. A number of words defined here are more fully treated elsewhere, for which treatment the user is referred to the index. A A1. First class; without a superior. abatement. In contracts, a creditor's reduction of claim. "A" bond. One of the first of a series of bonds designated alphabetically. absolute indorsement. An indorsement binding the indorser to pay when notified that the prior parties have failed to do so. absorbed. Subscribed for;-applied to bonds, etc. account. 1. The record of any business transaction. 2. On the stock exchange, the extent of speculative positions open. accrued dividend. The increment accumulating at any time before a regular dividend payment. acquittance. An acknowledgment of the payment of a debt. actual assets. Money; property of certain value. adjustment bond. A bond issued to secure money, as for improvements. adjustment mortgage. 1. A mortgage usually covering improvements. 2. A second mortgage. afloat. Designating grain on passage. allocation. Apportionment; allotment; assignment. |