FRATERNAL INSURANCE
Fraternal group or lodge members’ insurance.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Fraternal group or lodge members’ insurance.
Currently, more often referred to as DDP or Delivered Duty Paid. Describes shipper accountability for all transportation fees other charges until the goods reach the buyer’s premises.
Without incurring any charge or fee, a stockholder or shareholder can transfer shares to someone else.
An owner’s right to make testament of leaving any asset to anyone of the owner’s choosing. The only limitation is where the owner has other legal obligations, or where legal soundness of
Preserving food with cold to deactivate existing microorganisms in the food without killing them. A preservation method of flash-freezing.
Maintenance timetable. How often and at what time should what attention be given to what thing.
Dishonest abuse of the judicial process in a tax court, using baseless, unsubstantiated, questionable facts, and/or an insincere stance to frustrate an opposing party.
An illegal practice where a DEALER, MARKETMAKER, or SPECIALIST executes a transaction in advance of a customer trade in order to capture favorable price movements.
1. Substance changed during or after a chemical process, becoming partially inert or deactivated. 2. Duplicate copies, fliers, handouts, pamphlets, program listings that have a short useful life as printed material.
Beneficiary able to draw full invoice amount rather than partial value. Documented as a notation on a letter of credit.
Excluding drawings, graphics, pictures, an online database fully accessible, providing indexed articles in full text from one or more journals.
Year-ahead prediction of various financial and logistic needs for a business. Based on one or more prior years of business performance. It covers a range of business areas, mainly hiring and capital
The classic organizational structure. Hierarchically grouped employees, clear line management authority, and upward reporting to the single top leader. Downward hierarchy, with one top person, distinct lines of reporting, authority, and communication.
The ability to exchange or substitute one ASSET with another. Fungibility is important in COLLATERAL management for OVERTHECOUNTER DERIVATIVES and REPURCHASE AGREEMENTS, and in delivery decisions for EXCHANGETRADED DERIVATIVES.
Futures contracts broker. Required to register with the Commodity Futures Trading Commission (CFTC). Margin-loan provider. Accountable for securing transactions. Can be an individual or an organization. T
Value increase posted on the balance sheet in the land category when property is sold profitably.
Area between the price of the first trade of the day if over the previous day’s high or if under the previous day’s low. Refer to Gap; Breakaway Gap; Exhaustion Gap; Runaway
1. Aircraft entry and exit point in a designated area in an airport terminal. 2. Refer to logic gate.
Typically, an investment portfolio composed of safe, guaranteed investments. Used to invest the premium generated income.
All commodities have the same, general rate applied, typically priced by bulk unit, unless otherwise specified. Also called an in-transit commodities rate .