HEADCOUNT Definition

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HEADCOUNT is the act of counting people in a certain way or in a particular group.

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AUTHORIZATION SCHEDULE is the guideline under which the subject activity is controlled and authorized. For example, expenditure spending may be controlled by amounts and the managerial level required authorizing or approving a preset trigger amount. As the amount increases over certain preset levels, higher managerial authority is required for approval.

HYBRID INSTRUMENT is a package containing two or more different kinds of risk management instruments that are usually interactive.

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