TRIPLE TRIGGER
An insurance payout that happens if three specific triggers occur. The first one is related soley to an insurance risk while the second and third can be financial or insurance related. Refer
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
An insurance payout that happens if three specific triggers occur. The first one is related soley to an insurance risk while the second and third can be financial or insurance related. Refer
When an option is worthless. A market position that will result in loss if sold.
A rule allowing short sale on plus tick or zero plus tick securities.
Means your account. A local account held for a foreign interest. This helps the company do local currency business. Refer to nostro.
A mortgage sold with servicing rights to an investor. They are sometimes sold to conduits for securitization purposes.
An over the counter swap with floating interest. The principal is notational. This type of exhange is also called index amoritizing rate, accreting, amoritizing, reverse index principle, or a variable principle swap
A corporation controlled by a family. Refer to outsider system.
Accounting rules accepted by all countries. Also called generally accepted accounting principles.
journal voucher financial data recorded so that credits equal debits. An audit trail of business transactions in a journal. an organization’s financial position and the effects of the transactions can be analyzed
Partner with subordinate, lesser rights, involvement, authority, accountability, risks, and rewards than any senior, superior/primary partners.
Spacing option of a paragraph or text block to force the first and last word in a line against the margins. Not considered suitable for personal communication, like letters. Used in books
Software named after the Muppet frog character in the children’s educational program, Sesame Street. Controls data exchanges between PCs and mainframe computers. It is an asynchronous file-transfer protocol, largely replaced by internet
Alternative to a private branch exchange (PBX) phone system, smaller, cheaper, but less flexible. Allows a caller to directly select outgoing lines, incoming calls, or use intercom and conference facilities via several
Another name for kilocalorie (Refer to calorie).
Artificial intelligence or expert systems retrieval for a knowledge based system of automated production processes.
First Monday in September; an observed US Federal holiday. Authorized in 1882, it gives a guaranteed day off to working individuals. Parades, cookouts, and shopping are a typical event on this holiday.
Adding driveways, fencing, parking spaces, pavements, walls, and the like as limited-life enhancements to a parcel of developed land. Also refer to land development.
When a stable insurer underwrites a large risk in one policy.
1. ending at manifestation of effects and beginning at first exposure to a hazardous substance. 2. ending at a computer/device-command’s execution and begun when the command was given. 3. Measured elapsed time
Economic concept: Increase one production factor, such as the number of workers, for example, leaving other factors, such as machines and workspace, for example, as is, output will lessen as a ratio