Business / Finance / Normal Backwardation Theory: Holds that the futures price will be bid down to a level below the expected spot price.
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Normal Noun Synonyms: standard, regular, average, conventional,ual, run-of-the-mill, ordinary, routine, universal, general, common, customary, natural, typical, conformist, orthodox, healthy
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Business / Accounting / Normalize: This term can be applied to many aspects of accounting. It means to average or smooth out a set of figures so they are more consistent with the general trend of the business. This is usually done usin MORE
Science / Chemistry / Normality: A measure of solution concentration, defined as the number of equivalents of solute per liter of solution. MORE
Business / Agriculture / Normal Yield: The average historic yield established for a particular farm or area. Can also describe average yields. Normal production would be the normal crop acreage planted multiplied by the normal yield. These MORE
Science / Tides and Currents / Normal Tide: A nontechnical term synonymous with tide; i.e., the rise and fall of the ocean due to the gravitational interactions of the Sun, Moon, and Earth alone. Use of this term is discouraged. MORE
Business / Finance / Normalized Earnings: Earnings that have been adjusted in order to take into account the effect of cycles in the economy. MORE
Business / Machine Shop / Normalizing: The process of heating a metal above a critical temperature and allowing it to cool slowly under room temperature conditions to obtain a softer and less distorted material. MORE