NET NATIONAL PRODUCT (NNP)
Gross national product (GNP) minus capital consumption allowances.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Gross national product (GNP) minus capital consumption allowances.
Premium amount minus appointed dividends. This term also refers to the non-participating policy rate found in a rate book.
Recognized revenue amount in a company’s preferred stock holdings. The revenue amount is based on how much calculated profit over a company share count holdings.
Computer network design. Mapping hardware, software, protocols, and devices. Outcome is successfully allowing different systems and devices to inter-communicate.
Under the Nixon administration, this new plan transferred back to the state level some powers previously held by the federal government. Some powers were removed from the state level under Franklin Roosevelt’s
A merger, takeover or other business acquisition transaction is how another company acquires this type of recently purchased business unit.
A small but specific and well-defined population segment is the focus of this concentrated marketing effort. As a strategy, niche marketing is aimed at being a big fish in a small pond
Defendant’s submission that the opposing party has no case to rebut, with no evidence, and no legal grounds. End of the trial and release of the defendant comes from a successful no-case
In general, an entity that fails to be where intended, when intended, without notification. 1. Person that misses a meeting he was supposed to, or who buys a ticket to a public
The real interest rate with the addition of inflation.
A loan that get repaid based on the success of the project.
When liabilities have a shorter maturity date than the assets.
When securities are grouped by order type.
When a counterbid is placed to prevent hostile takeover.
An option whose payment depends on the price path of the asset at another time. There are many types of this option. Refer to path independant option.
The records used to report securities and penny stocks. Before the internet it was recorded on pink paper.
A strategy that hold a long or short position for a week to several months. It is used in the short term but has a better chance than momentum trading.
When an insurer can write a large amount of policies on one line or risk.
The potential a company will file for bankruptcy. It is used to calculate the default in default models.
The amount an insurer needs to cover their expenses. Along with premium loading it is used to calculate fair premium. Refer to expense loading.