ASSOCIATE COMPANY
A firm that another firm controls. At least 20% of shares are usually used for this. The directories are interlocked to make sure a common policy and similiar objectives are in place.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A firm that another firm controls. At least 20% of shares are usually used for this. The directories are interlocked to make sure a common policy and similiar objectives are in place.
The requirement of an insurance officer to sign the contract for it to be official.
The SUPERVISORY BOARD of a German CORPORATION. See also VORSTAND.
A party allowed to manage an account. This can be for any type of account. They are not required all the time to repay debt incurred.
Automatic REINSURANCE coverage for an INSURER that becomes effective once a defined loss limit is exceeded, often implemented through a STOP LOSS AGREEMENT or a CATASTROPHE PER OCCURRENCE EXCESS OF LOSS contract.
The idea that any living system can maintain stability despite any changes. It is self regulated.
The amount of accounts in receivables, cash, and inventory just to name a few. They are easily converted into cash or can be sold in the year.
A BID on a LIMIT ORDER that is lower than the current price, or an ASK that is higher than the current price. The order is held for later execution unless it
The validity of a document or record. The document is kept in original form with no tampering.
The style of an organization that is flexible and can respond to change better. Refer to adhocism.
How any non solid substance attaches to a solid substance but does not penetrate it fully.
When a party claims ownership of a propety they have been in for more than 12 years. It can also be claimed on abandoned property or it can go unchallenged by the
A group linked by a bond in an organization.
When one party makes decisions for another. It is because the other party cannot make the decisions.
The order of items discussed in a meeting. The topics must be listed, past knowledge must be heard, and the outcome must be guessed.
The slow process that changes physical agencies for either the better or the worse.
1. space above property included in the properties title. Refer to air rights. 2. the space above any state that is under its jurisdiction.
When the analg to digital conversion is too slow and causes data distortion. It can be a sound flutter or video that has jagged edges. A filter or super sampling can prevent
Insurance that covers all possible risks even ones not named in a policy. Aka all other perils and misfortunes.
In shipping its the side of the ship the inventory is placed on. Items are placed within crane reach or on the dock.