Atmospheric layer throughout which there is no change of temperature with height, i.e. a zero lapse rate.
The power which is theoretically required to compress a gas under constant temperature, in a compressor free from losses, from a given inlet pressure to a given discharge pressure.
The price at which a company's shares are offered to the market for the first time. When they begin.
The amount of authorised share capital that shareholders have actually subscribed to a company for.
A company or public sector entity which has shares, bonds or other security listed on a stock.
Bank that opens a straight or negotiable letter of credit and assumes the obligation to pay the bank or beneficiary if the documents presented are in accordance with the terms of the letter of credit.
A financial institution such as a merchant bank which provides its services to launch the shares of.