A guarantee issued by a bank on behalf of a seller to a buyer to support the sellers bid or tender for a contract. If the sellers bid is accepted, and they fail to sign a contract, the buyer can claim compensation under the guarantee.

The volume of selling increasing rapidly and peaking abruptly at market tops during the last stage.

A transportation line that hauls export or import traffic between ports and inland points.

The number of stocks participating in either a rally or a.

An approach to investment that focuses on analysis of a company's financial and business.

Large, flat boxes with glass covers and dark-colored metal plates inside that absorb and transfer solar energy to a heat transfer fluid.

An empirical measure of the quantity of light. It is based upon the spectral sensitivity of the photosensors in the human eye under high (daytime) light levels. Photometrically it is the luminous flux emitted with a solid angle (1 steradian) by a point so ...

A type of hydroelectric facility that uses the river flow with very little alteration and little or no impoundment of the water.

The region around the equator between the Tropic of Cancer and the Tropic of Capricorn. The tropics are known for their warm weather.

A position based on estimations of a boat's position using estimated speed, currents, and the last known position/fix - of the boat.

A design in which the forestay does not go to the very top of the mast, but instead to a point 3/4-7/8 of the way up the mast.

The normal working pressure for an air motor (6 bar).

A device used to maintain a specified humidity in a conditioned space.

ACRONYM - Approach temperature. Usually the difference between cooling water temperature in to compressed air temperature out of an inter-cooler or after-cooler. Sometimes used to define oil cooler efficiency (cooling water temperature in to oil temperatu ...

The liquor resulting from dissolving molten melt irom the kraft recovery furnace in water. See also kraft process and smelt.

A pyrheliometer of the bimetallic type used to measure the intensity of direct solar radiation.

The document containing all particulars relating to the terms of agreement between the Master of the vessel and the crew. Sometimes called ship's articles, shipping articles.

Navigation rules governing waters inside designated demarcation zones

An instrument used to measure the water vapor content of the air. A type of hygrometer. It consists of a wet-bulb and a dry-bulb thermometer. See aspiration psychrometer, Assmann psychrometer. hygrodeik, sling psychrometer.

The lowest value of a measured quality at which a sensor meets its accuracy specification.