Term of the Day

socialization

Process by which individuals acquire the knowledge, language, social skills, andvalue to conform to the norms and roles required for integration into agroup orcommunity. It is a combination of both self-imposed (because theindividual wants to conform) and externally-imposed rules, and the expectations of the others. In anorganizational setting, socialization refers to the Process through ...
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Usage Example
Theres nothing more critical to the socialization process than play, Champlin said.
Notable Quotable
"Speculation is only a word covering the making of money out of the manipulation of prices, instead of supplying goods and services." 
-Henry Ford

debit

An accounting entry which results in either an increase in assets or adecrease in liabilities or net worthopposite of credit.
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Usage Example
It is important to note that credit reports don't typically factor debit card payments into the credit score equation.