Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Top-level management below the vice-presidents and directors. Usually directly accountable for goods and services production, and clerical staff and shop floor employees supervision. Known as the first or second level managers, with
A ratio of useful energy results over measured incoming fuel. An example is miles per gallon.
Guaranteed payment for all costs for any event protected in an insurance policy. Deductibles are usually in force. Protected against every type of loss.
(1) cash and credit card retailing, (2) supplier merchandising and promotion support, (3) its own sales force, (4) its own market research, and (5) presale, installation, and post sale services are what
A policy whose payment scheduled has been completely met. Often a limited payment policy. An example is a 30pay policy after 30 years of regular premium payments – it is fully paid.
The ability of company organizations to be multi-functional, able to move employees to other duties or responsibilities within the company. Ability to adapt to changing conditions and requirements. Training, management, and outsourcing
An allocation of funds identified by the need for cash.
An obligation under a contract that will occur in the future.
Communicating in real time done by sellers and receivers.
Facts that are assumed to help an investigation or solve a problem.
Making a situation that is irreversible and other people have to live with.
A policy of life insurance that a head of household has for the rest of the family.
A good that focuses on style and the price is secondary.
The payments a country gets more than it has to make giving surplus. More money is in than out.
Lenders that are government sponsored. They lend for land, refinancing, and renovation.
Chromium steels with little nickel to lower corrosion. They are stronger and harder. It is used for utensils.
A party that sells in the face to face manner with customers.
The predicted yield of a money market vehicle an investor buys when they get a future instrument. It is partially financed with the term repo.
The end result of customer orders. It is the last stage before shipping.
A US selfregulatory advisory panel that is responsible for creating and promulgating accounting standards for certified public accountants via the Statements of Financial Accounting Standards, the core of US GENERALLY ACCEPTED ACCOUNTING