Category: A

A product, channel, or solution that transfers RISK exposures between the INSURANCE and REINSURANCE sectors and the CAPITAL MARKETS in order to achieve specific RISK MANAGEMENT goals. As a result of regulatory

A party that lobbies for any midsize businesses. They promote growth and create a higher standard of living for the american businesses they represent. It has executives of participating companies on the

Any US nongovernment group that manages standards for the US industry system. Academics, special interest groups, users, and vendors use this as a forum to set standards. Its a voluntary position but

The actual amount a good or service is sold for. Or a fair market value that an exchange costs. It is used for tax purposes.

A drug that causes loss of sensation. This loss can be total or partial. If overexposed side effects can occur and even death in severe cases.

1. any thing different from the norm expected. 2. any physical abnormality.

A way to prevent stealing. It can be for cars or for computer data.

A public plea for forgiveness to undo some damage. A payment or offer can also make ammend by publishing correct information and renouncing previous claims.

A program that is complete and performs its task but does not perform maintenance. The slang term for this is an app. AKA application software.

An additional structure on an insured piece of land.

The code in the US for telephone numbers. The first three numbers identify the general location a call is coming from or going to. The first digit must be a number from

A remaining debt or liability after the due date. An example of this would be a loan payment. AKA arrearage.

A code developed by the American National Standards Institute. Computers use it to turn text into a format computers can compute in other devices.

A mismatch of gain and loss due to value changes of an asset. A wide gap is between loss and gain with a call option.

Labeling something as either the cause or effect of another item.

When a budget is decided by the government to reduce deficit. The goal is to cut comsumer spending.

When the current value depends on the past value in a series.

1. to use an automated system to perform a function. 2. to act without thinking. Like a reflex.

When decision makers choose based on a personal experience rather than facts. The reaction is emotional.

All costs for manufacturing divided by the units produced.