Today's Finance Jargon
Interest Coverage Ratio
The ratio of earnings before interest and taxes to annual interest expense. This ratio measures a firms ability to pay interest.
Today's Law Jargon
Adversarial Procedure
A way of adjudicating a dispute in which one party asserts a claim or a right, and the other denies it. The dispute is usually resolved by the acceptance of one claim and the rejection of the other, making the proceedings adversarial. This is recognized in the Code of Criminal Procedure, 1973, the Indian Evidence Act, 1872 and the Code of Civil Procedure, 1908. See inquisitorial proceedings.
Today's Engineering Jargon
Kirchoff’s Second Law
The law stating that, at each instant of time the increase of voltage around a close loop in a network is equal to the algebraic sum of the voltage drop.
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