Examlex
The capability index (Cpk) calculates the percentage of items being produced within specifications.
Accrued Interest
Interest that has been incurred but not yet paid, reflecting the cost of borrowing or the earnings from lending money over a specific period.
Semiannual Interest
Interest on a loan or investment calculated and paid twice a year, typically at a fixed rate.
Parent Company
A parent company is a corporation that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors.
Subsidiary Company
A subsidiary company is one that is controlled by another company, typically referred to as the parent company, through ownership of more than half of the subsidiary’s voting stock.
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