Category: D

An illegal attempt by an INSURED to file multiple CLAIMS on a single loss event with multiple INSURERS. Double recovery violates the principle of INDEMNITY, which states that an INSURANCE contract cannot

The average CASH FLOWS of an INTEREST RATE sensitive ASSET or LIABILITY, takings account of YIELD, interest payments, maturity, and CALLABILITY Duration quantifies the change in the price of a security for

A savings account that has interest on the balance every day. It takes place monthly.

The time a computer takes to respond to a request the user makes. The time depends on where the data is kept. Refer to data transfer rate.

Any communication, promotion, and selling based on DBMS. It stores and defines data for a firm’s marketing or selling. A customer profile is made for each personal, demographic, geographic, and psychographic characteristic.

When seasonal industries ship goods before the date of the season. Its like a prechristmas sale giving cash in times that are lean.

Adjusting clocks forward to make working hours start early and end early. More daylight is left for business and spending.

A law that doesn’t bother with trifles. It is used for insignificant offenses. In latin its de minimus non curant lex.

Indirect loans that a customer gets from a retailer. It is from a third party financial institution.

1. assessing the debt of a party can repay in a reasonable time without losing its viabilty. 2. the amount of debt a firm can have based on a loan agreement or

Funding arranged for a company in BANKRUPTCY that is filing a REORGANIZATION plan; the bank group providing DIP financing generally assumes some level of control and/or COLLATERAL in order to protect its

An item like cattle or lumber on the main deck that cannot be stored below deck. Some cargo is required by law to be carried this way.

Taking hazardous substance from an employees body or equipment to prevent health problems and environmental risks.

Insurance for default to pay the debt lost if it fails to deliver or perform.

Documents about a case and filed with the court. The are incomplete but have no fees.

Clearing forests or removing trees to make land for housing, agriculture, or firewood. Nothing is replanted and no time is allowed for forest regeneration. It is connected to the greenhouse effect and

1. taking water from a mix. 2. when the body has too little water in it causing electrolyte imbalance. Excessive loss of water or not enough intake is the cause. Coated tongue,

When a leader gives authority to make decisions to the employees but is responsible for the results.

The change in price compared to the price of the underlying futues asset. A call is between 0 and +1. A put is 0 to 1. It shows how likely an option

When a market is separated based on demographics of the customers. It defines niches that need promotion.