Related Words

Center Faceoff Spot: The faceoff spot inside the center ice circle, marking the exact center of the rink.

Short Message Service Center (SMSC): The hardware device submitting the messages. Currently, SMSC devices support binary formats.

Soft Spot: A buyer's market in which supply exceeds demand, causing little trading activity and wide bid-ask spreads.

Rental Center: A special leasing office located in an apartment complex. Usually includes a furnished model and a closing area.

Reinvoicing Center: A central financial subsidiary an MNC uses to reduce transaction exposure by billing all home country exports in the home currency and reinvoicing to each operating affiliate in that affilia . . . View Full Definition

Profit Center: A division of an organization held responsible for producing its own profits.

Rate Center: The geographic area used by local exchange carriers to set rate boundaries for billing and for issuing phone numbers.

Spot: Assist if called upon by someone performing an exercise.

Spot Beam: A spot beam is a satellite transmission that is focused on a specific area within the footprint, or broadcast area, of the satellite. Both DISH Network and directv use spot beams to increas . . . View Full Definition

Spot Futures Parity Theorem: Exchange rate on currency for immediate delivery. Related: Forward exchange rate.