An archive is a collection of records, documents, or any pertinent historical data that may be used in the future. For many firms, this could include financial data, purchase receipts, asset information, etc. The archive storage is the area commonly used for storing old documents for safety and security.

An arbitrator is an unbiased, impartial person that conducts arbitration. Arbitration occurs when a dispute arises between two or more individuals or parties and requires resolution by an impartial individual. The process of resolving the disagreement is known as arbitration, and the impartial individual is known as the arbitrator. The arbitrator should consider all sides of the disagreement and arrive at a fair and compromised solution for the involved parties.

Arbitration occurs when a dispute arises between two or more individuals or parties and requires resolution by an impartial individual. The process of resolving the disagreement is known as arbitration, and the impartial individual is known as the arbitrator. Arbitration is a smart option if the disputing parties wish to avoid the cost and hassle of the courtroom.

A type of investor who attempts to profit from price differences within the market by making concurrent trades that counteract each other and acquiring risk-free income. A stock market arbitrageur would hunt for price discrepancies between stocks listed on more than one exchange, and purchase the undervalued shares on one exchange while short-selling the equivalent number of overvalued shares on another exchange, procuring risk-free profits as the prices on the two exchanges come together.

A lower-rate debt security issued prior to the call date of an existing higher-rate security. Earnings from the issuance of lower-rate securities are invested in treasuries until the call date of the higher-rate securities. On the call date, these funds are used to pay for the higher-rate bond’s redemption. Arbitrage bonds are used to create an interest-rate advantage. These bonds qualify for a temporary tax exemption, so long as any income from sales and investments is used in future projects or development of the municipality.

The act of exploiting price differences of the same financial investments, currency, securities, or other commodities on different markets or in different forms in an attempt to produce a profit. Profits are produced by purchase of the commodity on the market with the lowest price, only to be immediately resold in the market with the highest price, taking advantage of the price discrepancy. Riskless arbitrage is arbitrage in its ideal form. The term arbitrage was derived from the French word arbitrer, which means to judge.

A specific person (other than a judicial officer) appointed by a court to decide a controversy according to the law. Though similar to an arbitrator, the arbiter differs because she needs the court’s confirmation of her decision for it to be final.

Aptitude is the intellectual ability or capacity of an individual to learn material sufficiently so that she can properly perform the task required to complete the job. Some individuals have a natural talent and tendency for specific business areas. An example is a scientist with a natural inclination to constantly ask-questions, hypothesize, and test her theories.

APR stands for Annual Percentage Rate, which is the cost of credit or that consumers pay, expressed as a simply annual percentage. This is basically the cost of borrowing in terms of an annual percentage of the total amount borrowed. As per the federal Truth in Lending Act, every consumer loan agreement must disclose the APR in large bold type. This helps lending institutions remain honest and makes it harder for consumers to get themselves into debt of which they may be unaware.

Appurtenant means attached to something else. In property law, the term refers to the attachment of a restriction, such as an easement or covenant , to a piece of land. This attachment either benefits or restricts the owner of such land in his use and enjoyment.