Test Bed Financial Glossary

What is it? A test bed is used to integrate, test and validate new technologies in a close to real environment.

Finance Term Definition Added By: Jackson

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Other Similar Finance Terms:

Financial Term Capital Financing Reserve is The money we have set aside from day-to-day spending to use for capital spending or to repay loans.

Financial Term losedEnd Fund is An investment fund that does not stand ready to purchase its own shares from its owners. Its shares can trade on an exchange.

Financial Term declaration page is The page in an insurance policy that contains all, or almost all, of the policy information specific to that particular insurance policy. The declaration page typically includes the name of the insured, the identification of the insured property, the amount of the insurance coverage, the expiration date of the policy, and the name of any lender with an interest in the insured property.

Financial Term Comparison Fiscal Year is Represents the Universitys fiscal year from July 1st to June 30th. For example, 2004 related to the year starting July 1, 2003 and ending June 30th, 2004. This field will default to the current year.

Financial Term Trust is A legal arrangement whereby control over property or funds is transferred to a trustee (a person or an organization) for the benefit of a designated person (the beneficiary). Trusts are created for a variety of reasons, including tax savings and improved asset management.