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MAKING A MARKET is securities dealers showing both a bid and an offer for a particular maturity and type of secu­rity. This is not to be confused with a quote, which is a general indication of prices rather than a specific price at which a transaction may be executed.

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DIRECT ATTRIBUTION is the most precise method of costing an output. It seeks to capture accurately the volume and cost of resources used by particular activities. This can be expensive unless the information is already available because it requires detailed measurement of actual costs. Such direct measurement is seldom justifiable solely to improve the accuracy of a cost system, but many institutions use this method to obtain efficiency gains and cost savings.

GBP is United Kingdom Pound Sterling (Currency Code).

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