Entertainment / Literature / Pit: In indoor theaters during the Renaissance, the most expensive and prestigious bench seating was the pit--an area directly in front of the stage. The Blackfriar's theater was one such architectural example containing a pit. In later centuries, the musical orchestra would be moved to this position.
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Pit Verb Synonyms: stone, seed, pip
Pit Noun Synonyms: hole, excavation, shaft, cavity, mine, mine-shaft, quarry, working, ditch, trench, trough
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Business / Finance / Average Cost Of Capital: A firm's required payout to bondholders and stockholders expressed as a percentage of capital contributed to the firm. Average cost of capital is computed by dividing the total required cost of capita MORE
Business / Real Estate / Realized Capital Gain: When a property is sold, a capital gain or loss is realized. MORE
Business / Finance / Risk-Based Capital Ratio: Bank requirement that there be a minimum ratio of estimated total capital to estimated risk-weighted asset. MORE
Business / Finance / Paid-In Capital: Capital received from investors in exchange for stock, but not stock from capital generated from earnings or donated. This account includes capital stock and contributions of stockholders credited to MORE
Health / First Aid / Prehospital: The type of medical care provided at the scene of a medical emergency. Assumes the ultimate goal of emergency medical services is to transport the victim to the hospital. MORE