Related Words

Estimating: The process of calculating the cost of a project. This can be a formal and exact process or a quick and imprecise process.

Exposure-Dose Reconstruction: A method of estimating the amount of people's past exposure to hazardous substances. Computer and approximation methods are used when past information is limited, not available, or missing.

Blue print(s) : A type of copying method often used for architectural drawings. Usually used to describe the drawing of a structure which is prepared by an architect or designer for the purpose of design an . . . View Full Definition

Foreclosure: The legal procedure by which a lender holding a mortgage on your house forces a sale of your house to obtain repayment of your loan. Foreclosure proceedings are typically started by a lender . . . View Full Definition

Exposure Assessment: The process of finding out how people come into contact with a hazardous substance, how often and for how long they are in contact with the substance, and how much of the substance they are . . . View Full Definition

Vancouver Stock Exchange (VSE): Procedure for estimating the probability of portfolio losses exceeding some specified proportion based on a statistical analysis of historical market price trends, correlations, and volatilities.

Risk Assessment: Qualitative and quantitative evaluation of the risk posed to human health and/or the environment by the actual or potential presence and/or use of specific pollutants.

Cost Of Living: The amount of money needed to buy the goods and services required to maintain a specific standard of living. The cost of living is closely tied to rates of inflation and deflation. In estima . . . View Full Definition

Retail Inventory Method: A procedure for estimating the dollar amount of ending inventory: the ending inventory at retail prices is converted to a cost basis by using a ratio of the cost and the retail prices of goo . . . View Full Definition

Gross Margin Method: A procedure for estimating the amount of ending inventory: the historical relationship of cost of goods sold to sales revenue is used in computing ending inventory.