BUSINESS INTERRUPTION INSURANCE
Insurance that provides protection for the loss of profits and continuing fixed expenses resulting from a break in commercial activities due to the occurrence of a peril.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Insurance that provides protection for the loss of profits and continuing fixed expenses resulting from a break in commercial activities due to the occurrence of a peril.
An opportunity to generate income as a business owner and not an employment opportunity. TLD Example: The decision by the owner to retire presented the young chef with a business opportunity allowing him
Business receipts represent the gross receipts or sales less returns and allowances from trade or business income.
A combination of people and automated applications organized to meet a particular set of business objectives.
When intrafirm information is exchanged such as employment terms, policies, benefits and operation manuals.
When a purchase is made based on a sample presentation of the item.
A substance a living organism makes like blood.
A requirement that retroactive compensation be denied by an employer. They were used in discrimination cases in the federal civil rights laws.
A situation where a MARKET MAKER refuses to perform on a quoted BID, generally in contravention of formal or informal marketmaking rules conveyed through AFFIRMATIVE OBLIGATIONS.
A cell that is microscopic. It is single cell and exists everywhere. Only a fraction of them are known to science. They are divided in five groups bacilli, cocci, filamentous, spirilla/spirochetes, and
The idea that people will do something simply becasue others are. The individuals own feelings and beliefs are not considered in this action. AKA herd mentality.
A charter when the charterer leases a vessel with no crew. A crew is chosen by the party leasing. AKA dry lease.
1. the starting point for comparison. 2. the basic proposal given when a request is sent out. Refer to acquisition program baseline, contracnt budget baseline, and performance measurement baseline. 3. the line
A way to predict when an event will occur based on another event happening or not happening. It was named after Thomas Bayes a probability researcher.
The ideas true to a party that believes it.
The actual owner of securities and the rightful recipient of the benefits accorded; the beneficial owner is often different from the title holder (generally a financial institution holding the securities on behalf
In 1946 three more freedoms were added to the 1944 Chicago convention. The US and the UK allowed an airline to pick up cargo or passengers from their mother country and get
When liquid pollutants are treated before discharge into the environment.
When the best benefit comes from a trade off of price and performance.
The banks with the most assets in an area. It is listed per country.
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