ACCIDENTAL DEATH BENEFIT
The value of a life or accidental death insurance policy. This amount is paid to the beneficiary.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
The value of a life or accidental death insurance policy. This amount is paid to the beneficiary.
An agreement in Europe that is given to goods shipped by motor vehicle. These goods are dangerous and must be handled carefully. Similar to the DOT hazard code in the US.
How an owner of a breached copyright is paid for their loss. They can sue the offendor for the profits gained.
A clause that protects a clients privacy between client and accountant.
The currency a company uses for its transactions.
The rules that help manage an organization’s financial statements. They are disclosed in annual financial statements. Refer to summary of segnificant accounting policies.
The UK organization responsible for making the standards of accounting. The international accounting standards are published.
Taking unpaid debt and making it collateral on a shortterm loan. This can be done on a continious basis or just once. The loan is secured. If default occurs the lender collects
Accounting based on the accrual principle. Revenue is recorded when earned as is with expenses.
Taxes incurred on income to be paid at the end of an accounting period.
An option in trading that can be called upon at a later date if the owner so chooses. This is also called a hermaphrodite option.
The advantage gained by gaining knowledge instead of depleting natural resources.
A code that identifis a book in a library. Refer to accession number.
An act exercising power or a country that cannot be overturned by the courts.
New York Stock Exchange members who make many transactions.
A microsoft software like java. Object linking code and web page data are used. It bridges the gap between programming languages. It is insecure. Refer to javabeans.
The number of times demand is needed for an object. This is the cost.
The amount of CREDIT RISK exposure in a DERIVATIVE or financial transaction, typically reflected as a MARKTOMARKET valuation. If DEFAULT occurs when actual exposure is positive to the nondefaulting party, a credit
The age an individual insured should live to based on calcuations. It helps with insurance pricing, forecasting, adn planning policy.
The page views on an ad that a firm has sold to an advertiser. AKA the sell through rate.