BUSINESS OWNER’S POLICY
A policy that protects small businesses for property damage.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A policy that protects small businesses for property damage.
The RISK of loss arising from a temporary disruption in business activities due to lack of accessibility to physical infrastructure. Business recovery risk is typically firm, business or productspecific and generally not
When a transaction is made over an item or between two firms or businesses.
ACONVERTIBLE BOND that stands little or no chance of being converted into the issuer
Also known as a buyout agreement, is a binding agreement between co-owners of a business that governs what happens if a co-owner dies or is otherwise forced to leave the business, or
When a fund has different funds in it to make it more profitable.
A channel for second quality goods to be sold. Some of the goods were simply returned.
The biggest network pipe with the most data traffic. It connects the main server and devices on the network. The size of the backbone is based on the needs of the company.
A load carried by a truck that is does not pay.
Stock that will be worth less than a dollar. It is held on to to see if the value will raise.
Coverage protecting banks from theft, vandalism, and damages. This is usually due to a robbery.
A boat that is flat. It travels canals and rivers. It is uncovered and can be pushed or towed.
How income, expenses, and ownership are related in a company. Idealy income should cover expenses with extra left over.
A structural member that crosses supports and carries load vertically. The three types are simple, continuous, and cantilever.
Extra features added to make it look better than its competitors.
The expected outcomes of an available or proposed alternate to a plan.
AClass 3 Bermudaregistered INSURER that is authorized to write and purchase INSURANCE and REINSURANCE and deal in DERIVATIVES. In order to comply with regulatory restrictions, banks often use transformers to convert derivatives
A purchase that offers the best combination for the buyer. The delivery, price, quality, and other benefits are considered.
A second level of testing. Its the pilot test of a product before commercial release. The internal testing has already been done and passed. Select customers can test the product in normal
A nickname for IBM. It started with the blue color on the logo.