EXPLORATORY WELL
Deep hole a petroleum or natural gas firm drills hoping to find a new source of fossil fuel. It represents a risk for the firm drilling it since it is unknown before investing in the well, as well as the amount of oil or natural gas it may contain. The well may either be a profitable new fossil fuel source or not. In the latter case, it may be plugged and abandoned. Also called wildcat well.
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Yankee Market
Yankee Market is a slang term referring to a US stock market.
Bill Of Lading
A document between the shipper and the carrier telling the type, quantity and destination of the good being carried. It also serves as a receipt of ...
Empirical Probability
Probability anchored on certain events happening, computed using collected empirical evidence. It is closely connected to the relative frequency in ...
Freeganism
Freeganism is a lifestyle philosophy focused on adopting alternative means to satisfy needs in order to minimize dependence on what is termed the & ...
Controlling Interest
High enough ownership percentage to impose changes or have legal control in a company. A single shareholder or a group of shareholder owns more tha ...
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