Finance Director: Chief financial officer responsible for the oversight of all financial and accounting operations, such as billing, management information services, enrollment, and underwriting as well as accounting, fiscal reporting, and budget preparation.

 

Related Words

Finance Director: Chief financial officer responsible for the oversight of all financial and accounting operations, such as billing, management information services, enrollment, and underwriting as well as ac . . . View Full Definition

Marketing Director: Individual responsible for marketing a managed care plan, whose duties include oversight of marketing representatives, advertising, client relations, and enrollment forecasting.

International Finance Subsidiary: A subsidiary incorporated in the U.S., usually in Delaware, whose sole purpose once was to issue debentures overseas and invest the proceeds in foreign operations, with the interest paid to . . . View Full Definition

Medical Director: Manager in a healthcare organization responsible for provider relations, provider recruiting, quality and utilization management, and medical policy.

Minimum Finance Charge: A minimum finance charge is a fee collected by a credit card issuer each billing period. It applies when the actual finance charge you owe isn’t equal to or larger than this minimum. For exa . . . View Full Definition

International Finance Corporation (IFC): A corporation owned by the World Bank that produces a number of well-known stock indexes for emerging markets. Its major role is to provide financing for projects in less developed countries.

Internal Finance: Finance generated within a firm by retained earnings and depreciation.

Finance Companies: These are companies that make loans which are generally at higher rates than are available from banks or credit unions.

Finance Company: The total cost of credit a customer must pay on a consumer loan, including interest.

Interlocking Directorate: Describes cross-memberships of directors on each other's company Board of Directors.