Glossary - F

Feeder

 

Open or closed space in a foundry mold to compensate for any volume shortfall when the casting begins to harden.

Financial derivative

 

Derivative financial instrument

Flocculent

 

Inorganic metal-salt solution (aluminium ferric chloride) added to effluents to flocculate effluent constituents.

Factoring

 

Non-recourse factoring

Formaldehyde

 

One of the most important base organic substances for the manufacture of resins, dyes and other products.

Free cash flow

 

Cash flow from operating activities adjusted for capital expenditure and changes in current assets.

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