He said: "The British state is far from bankrupt in the traditional financial definition.
While Delta One may conjure up images of "Top Gun" fighter pilots, the desks get their name from the financial definition of delta, which refers to the change in a price of a derivative against the change in the price of a customized underlying asset, like a basket of stocks.
Nevertheless, as Ozbas [20] notes, 'risk' and 'risk analysis' are defined differently by different fields, authors and times; a health care definition of risk is determined by frequency, whereas a financial definition of risk defines it as variance in financial systems [20].
Lurking behind such questions is an assumption that we are all Homo economicus, that we act only on a narrow, largely financial definition of self-interest.
Generally, the economic definition of costs should be used in cost valuation, not the accounting (or financial) definition.
No doubt the principle of value for money is here to stay for higher education, so as a sector we need to be assertive in arguing for a broader, non-financial definition.
It also can add links for financial terms and definitions such as "PEG ratio" or "price to book".
Forbes.com's financial glossary contains definitions to thousands of financial terms, all cross-referenced so that you can instantly look up the meaning of any unfamiliar words in a definition.
Dictionary definition: "Financial or material support of a person or animal".
In a financial market that definition is easy: money.Vince Darley, of Eurobios UK, a consultancy based in London, told the workshop about his efforts to model one such market, the NASDAQ stockmarket based in New York.
Our analysis shows that the number of NEDs with financial expertise (SOX definition) is on the rise, as is the number of those with recent financial industry experience (i.e. have occupied a senior executive position in a financial institution within the past 10 years).
