An older person who uses the Internet.

From the full meaning, Subscriber Identification/Identity Module. A small removable card which stores personal information on a mobile phone or other small personal computerized device. There are other less serious interpretations of theSIM acronym.

Interest which is calculated on the original amount of money deposited or borrowed, and not on any interest which may have accrued.

A tax on certain goods or services which are considered bad for people, such as cigarettes, alcohol, etc.

A job or position which involves little or no work, but for a which a person is paid.

A simple system of recording a company’s finances in which transactions are recorded only once in one account.

Money set aside on a regular basis by a company, that is used for paying debts, taxes, etc., which are due at a later date.

A business strategy, originally developed by Motorola, which strives for perfection in production and quality. SeeSix Sigma.

Stock Keeping Unit. A unique number which identifies the price, size, manufacturer, etc., which is assigned to a product by a retail store.

A production development program in a company which has the freedom to work outside the usual rules, without the restrictions of company procedures and policies.