EXCESS LOSS PREMIUM FACTOR
Compensation-to-insurer rate out of a retrospective rating formula used by the insured to limit a large loss.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Compensation-to-insurer rate out of a retrospective rating formula used by the insured to limit a large loss.
Method of maintaining equilibrium in an exchange rate. Member countries of an economic community maintain exchange rate parity among their competing currencies. Fluctuation up to some agreed-to limit is allowed between specific
Restriction on who can represent what where and to whom. Typically describes who is the sole representative of a union or an association for collective bargaining.
(1) A share of COMMON STOCK without any rights to the current period DIVIDEND. (2) The time period between the announcement and payment of dividends.
Power to enforce executive orders as intended and given, authorized by law.
Airplane seat(s) next to an emergency exit doors. Requires the seating of one or more able persons who can handle the doors. Usually positioned over the wings.
Cognitive-psychology-based motivational theory. Proposes that motivation occurs when predicted, conscious expectations of what will occur are realized as a person does specific, planned actions. This is a loop of increasing productivity linked
A theory of decision making that the expected value (EV) is the cost one willing pays to have access to perfect information.
Set commissions are augmented by additional payment made to an insurance agent,
The note about expiration dates that agents use to keep track of policy dates.
The moving average for the prices of a security or index over a certain period of time. It focuses on recent data to predict the current trend. A 12-26 day period is
A product that is sold to other countries by the original country. Refer to export.
How a software can expend its capabilities without needing an overhaul. Refer to expendability and scaling.
The cost that is incurred due to defects. The product may be shipped wrong or not be of the quality needed.
Taking extra premium away due to a hazard that is gone.
A savings account that has interest on the balance every day. It takes place monthly.
The time a computer takes to respond to a request the user makes. The time depends on where the data is kept. Refer to data transfer rate.
Any communication, promotion, and selling based on DBMS. It stores and defines data for a firm’s marketing or selling. A customer profile is made for each personal, demographic, geographic, and psychographic characteristic.
When seasonal industries ship goods before the date of the season. Its like a prechristmas sale giving cash in times that are lean.
Adjusting clocks forward to make working hours start early and end early. More daylight is left for business and spending.