FINANCIAL ANALYSIS Definition

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FINANCIAL ANALYSIS is analysis of a company's financial statement, usually by accountants or financial analysts.

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BANK WIRE is an electronic message network developed by an association of banks to communicate information between members of the association. It speeds and facilitates the transfer of funds and reporting of security transactions, quotes the payment and nonpayment of items and gives credit information on individuals and organizations. Unlike the Fed Wire System, it is not used to send actual payments, but rather to inform banks in the association about the movement of certain funds affecting a particular bank's account.

COST CEILING, in project management, is the sum of the Project Cost Target plus the projects Contingencies cost allowances.

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