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  2. Engineering fit - Wikipedia

    en.wikipedia.org/wiki/Engineering_fit

    Engineering fits are generally used as part of geometric dimensioning and tolerancing when a part or assembly is designed. In engineering terms, the "fit" is the clearance between two mating parts, and the size of this clearance determines whether the parts can, at one end of the spectrum, move or rotate independently from each other or, at the other end, are temporarily or permanently joined.

  3. Allowance (engineering) - Wikipedia

    en.wikipedia.org/wiki/Allowance_(engineering)

    an allowance is a planned deviation from the nominal or theoretical dimension. In other words, it is an intended difference between the maximum material conditions of mating parts. [ 1 ]

  4. Standard time (manufacturing) - Wikipedia

    en.wikipedia.org/wiki/Standard_time_(manufacturing)

    In industrial engineering, the standard time is the time required by an average skilled operator, working at a normal pace, to perform a specified task using a prescribed method. [1] It includes appropriate allowances to allow the person to recover from fatigue and, where necessary, an additional allowance to cover contingent elements which may ...

  5. Tape correction (surveying) - Wikipedia

    en.wikipedia.org/wiki/Tape_correction_(surveying)

    Some tapes are already calibrated to account for the sag at a standard tension. [1] [2] In this case, errors arise when the tape is pulled at a Tension which differs from the standard tension used at standardization. The tape will pulled less than its standard length when a tension less than the standard tension is applied, making the tape too ...

  6. PFD allowance - Wikipedia

    en.wikipedia.org/wiki/PFD_allowance

    The fatigue allowance is intended to cover the time that the worker should be given to overcome fatigue due to work related stress and conditions. There are three factors that cause fatigue: (1) physical factors like standing and use of force, (2) mental and cognitive factors like mental strain and eye strain , and (3) environmental and work ...

  7. Discounts and allowances - Wikipedia

    en.wikipedia.org/wiki/Discounts_and_allowances

    3/7 EOM net 30 - this means the buyer must pay within 30 days of the invoice date, but will receive a 3% discount if they pay within 7 days after the end of the month indicated on the invoice date. If an invoice is received on or before the 25th day of the month, payment is due on the 7th day of the next calendar month.

  8. Allowance for Loan and Lease Losses - Wikipedia

    en.wikipedia.org/wiki/Allowance_for_Loan_and...

    Some of the general challenges that financial institutions face with regards to the ALLL estimation include the manual, time-intensive nature of the reserve estimation process each month or quarter; producing adequate documentation and disclosures; incorporating new accounting standards and regulations released by FASB and federal regulatory bodies, and increased scrutiny on the assumptions ...

  9. Business mileage reimbursement rate - Wikipedia

    en.wikipedia.org/wiki/Business_mileage...

    The business mileage reimbursement rate is an optional standard mileage rate used in the United States for purposes of computing the allowable business deduction, for Federal income tax purposes under the Internal Revenue Code, at 26 U.S.C. § 162, for the business use of a vehicle. Under the law, the taxpayer for each year is generally ...