Category: C

The manufacturing process of a single-piece where a single worker walks the piece from one workstation to the next, setting up and operating each machine from beginning to the end of the

One or more statements in insurance contracts requiring that all conditions detailed in the application by the applicant must still hold true when the policy is delivered for an insurance policy to

The checking or testing of a procedure, process, or system, at regular and methodical intervals, to evaluate and report operational conditions at that interval.

Molecular characteristic of a chemical or compound. The tendency of a material to resist change or decomposition in its natural environment or when exposed to air, heat, light, pressure, or other natural

Top executive in a firm who is responsible for a firm’s overall well-being in terms of operations and performance. The hired leader of the firm, serving as the main link between the

Contract provision specifying the governing jurisdiction over disputes arising from or relating to this contract.

Document used for crossborder transport of cargo by rail. Standardized, per UN recommendations on uniform international rules and European Union (EU) applied. CIM means ‘Convention Internationale concernant le transport des Marchandises par

Unobstructed, undistorted view. For material, it is the absence of haze or turbidity. This is measured by means of methods such as ASTM D2457. The measure is a function of light passing

Theory promoting the notion that economic growth ends when a population increases. Supporters of this theory believe that the population increases as the gross domestic product increases. This population growth increases demand

Established the precedent of funds withdrawn from an account are presumed to be debits from the funds deposited in a first-in, first-out (FIFO) principle-based fashion. UK’s 1816 case of Devaynes v. Noble.

Stated to prevent a borrower from using a line of credit as permanent and ongoing financing. Would likely result in the borrower having to pay off the line of credit balance and

Mouse clicks or keystrokes a user makes in sequence or as a ‘flow’ while navigating through webpages or websites. Web advertisers custom-tailor their advertisements to this specific customer, by determining the user’s

Unchangeable contract unless by mutual consent of all parties. Contact terms constitute the entire agreement between the contracting parties. An insurance contract, for example, is a closed contract. A construction contract may

1. Financial transaction finalized during an accounting period. 2. Any transaction finalized for all of its tasks.

The signal of a ringing bell ending the regular trading day on an exchange. The honor of ringing the closing bell of an exchange is often celebrated as a notable event when

Survey method in which groups or clusters of sampling units are selected from a population for analysis. Individual units are part of the cluster, but not individually surveyed.

Unique six-character alphanumeric code permanently identifying a serial publication, such as a journal or magazine, or a non-serial publication, such as a dissertation or thesis. Examples are JECLB3 as the Coden for

The reason to act or behave in a certain unwanted manner under coercion. It is reasonable expectations of the use of physical force or execution of abused authority. It would be applied

(1). Visiting a prospect who likely does not know the visitor, without a prior appointment. (2). Calling a prospect who likely does not know the caller, for a sales appointment. Known also

1. In Purchasing, this is an agreement to freeze the maximum limit, ceiling or cap, and/or the minimum limit, or floor. 2. In Investing:, this is a provision in a stock-swap acquisition