The last day on which an option can be traded (American style exercise). Issued in connection with documents such as letters of credit, tariffs etc. to advise that stated provisions will expire at a certain time.

Corrosion that proceeds laterally from the sites of initiation along planes parallel to the surface, generally at grain boundaries, forming corrosion products that force metal away from the body of the material, giving rise to a layered appearance.

(1) Decomposition or alteration of a chemical substance by water. (2) In aqueous solutions of electrolytes, the reactions of cations with water to produce a weak base or of anions to produce a weak acid.

That stage, on a fixed river gauge, at which overflow of the natural banks of the stream begins to cause damage in any portion of the reach for which the gauge is used as an index.

An instrument for measuring the relative speed of a fluid. It consists of a concentric pipe arrangement in which the inner pipe is open at one end and the outer pipe is perforated and closed at both ends. Each pipe is connected to a manometer. The unit is ...

The power which is theoretically required to compress a gas under constant entropy from a given inlet pressure to a given discharge pressure. (calculated assuming ideal conditions).

Slang sailing expression for a piece of metal or shroud that can cut or stab you.

The general preparation of a vessel to make ready for the sea in all respects.

Shoal area between two navigational channels.

An itemized list of goods shipped to a buyer, stating quantities, prices, shipping charges, etc.

A machine supplied with external energy that is converted into force and/or motion.

An electric current taking a shorter or different path than intended.

A heat source, such as a space heater, used to provide more heat than that provided by a primary heating source.

See D/P and D/A.

Used to denote movements of cargo containers interchangeably between transport modes, i.e., motor, water, and air carriers, and where the equipment is compatible within the multiple systems.

A company (or person) making an unwanted counter bid for another company, whose intentions are.

A mutual fund or unit trust which aims to provide investors with a balance of income and capital.

A single photovoltaic device.

Yield calculations on bonds aim to show the return on a gilt or bond as a percentage of either.

Swing of the boom from one side of the ship to the other when the tack is changed.