MULTI-RISK PRODUCT
When multiple risks are combined into one on an insurance policy.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
When multiple risks are combined into one on an insurance policy.
Each partner’s right in a partnership to act as an agent in normal partnership business operations. Each has responsibility for their partners’ business related actions. Personal actions are excluded.
France’s Law. Rather than legal theories and principles, it is based largely on common sense rules. Five major codes comprise it: (1) Civil code, (2) Civil procedure Code, (3) Penal code, (4)
Non-discriminatory trade policy commitment. Infers that a government cannot treat foreign exporting firms any less favorably that its own local manufacturing firms. This was GATT, now WTO rules.
During one-on-one discussions a customer’s current and anticipated future needs are determined and verified to prepare this specific type of report. The report focuses on understanding customer requirements. From there, one can
When large price shifts cause increased risk.
A deposit of $100,000 or more issued by a bank that can be traded on a secondary market.
Policy face value minus accumulated policy reserve as an amount.
A location that is often a specific country or territory whose exported goods value exceeds goods imported value during a specific time range. When the exported goods’ total value exceeds imports’ total
1. In Accounting, in a given period, this is the amount invested as a capital expenditure minus allowance for capital depreciation. 2. In Economics, this the change in total capital stock in
in a balance sheet account, an employee’s wages owed is this specific amount.
Building’s actual square-unit ready for lease or rent to tenants. This is the area used to compute expected lease or rental payments. Common areas, elevator shafts, stairways, and space devoted to cooling,
After deducting all costs, what remains is this specific gross yield portion.
Business units that are closely interconnected, but independent and widely dispersed, driven to achieve the organization’s objectives and goals, are united as this type of organizational structure that operates within a consistent
Business changes driven by a new investing pattern or method.
A continuous data transmission sending news updates to web sites through a syndicated news service provider. Summaries or links of the transmissions refer the user back to the original news source. Also
Secured documents or pouches lodging usually requiring a key for access, this is an opening in a building’s exterior wall, as in a bank,
Pays back ‘in kind’, but has no monetary consideration. Used mainly to avoid effort duplication, it is typically used by a government that has developed a new but classified technology and a
The filer has no assets available to creditors to satisfy outstanding debts in a Chapter 7 bankruptcy filing in this type of situation.
When insurance policies are not properly arranged and do not give enough protection.