LONGEVITY PAY
A contract to provide annual seniority-based employee compensation. Given as compensation for their service to top pay-scale employees.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A contract to provide annual seniority-based employee compensation. Given as compensation for their service to top pay-scale employees.
Current year’s net loss offsets previous year’s taxable income as an accounting adjustment, giving a tax refund as already paid. US tax law allowance. Also refer to loss carryforward.
Loan payments a consumer cannot make and no longer recoverable are a loss amount. T
The ability an insurance company has to cover its loss with premiums.
Loans given to borrowers unable or unwilling to give a lender certain information or documentation. A variety of loan types are considered to be low documentation. Not everyone is eligible for this
Measuring a light source’s Intensity in a unit area. Also refer to illuminance.
In 1938 US academic Frederick Macaulay defined this tool. A fixed-income financial instrument’s approximate measure of its price volatility and interest rate-sensitivity. An interest bearing bond is an instrument example. Calculated as
National or state-level economic factors. These influence the whole aggregated economy. Changes in employment levels, gross national product (GNP), and prices, be it deflation or inflation, are typical influences.
Listed physical mailing addresses. Names, phone numbers, household income levels, and geographical location are typical data elements on the list. Used to send advertisements and relevant information to listed individuals. A company
Trading in options and futures is based on an index such as this. 20 blue-chip stocks comprise such a US stockmarket index. 17 of these blue-chip are also in the Dow Jones
An insufficient, poor, sub-nutritional diet or an excessive, rich but unbalanced diet tied to a lack of calories and/or essential minerals, proteins, vitamins, manifests as a diseased state of kwashiorkor, marasmus, oedema,
Resources consumed per unit of output as measured relates actual performance and results achieved to desired, targeted objectives. Also refer to management ratios.
1. The way one acts attempting to attain selfish ends by disregarding another’s aspirations or well being to control or play upon that one’s hopes or fears. 2. To use a model
Management information system type targeting any production becoming computerized. Managers need to plan and direct operations within the company and use modern management information systems designed to collect and present the necessary
Cost determination method for obtaining just one more dollar of capital. When considering how to raise additional funds, some methods are more costly than others.
Economic concept that marginal productivity determines labor demand and labor’s marginal product value determines the wage rates. Also known as marginal productivity theory of income distribution.
Output’s market value after adding a single input unit. Multiply the marginal product by the added output unit’s selling price. Also known as marginal revenue product.
In a given market, as a percentage of a saturation level, a count of active retail and/or wholesale outlets selling a specific firm’s brands. Following a concentrated marketing, a differentiated marketing, or
1. In an open and competitive market, a buyer willingly pays and a seller willingly takes this highest estimated, and acceptable, price for an item . 2. In Accounting, this is the
Describing, and wrapping or encapsulating data and its attributes using a specialized computer language. A markup language embeds processing instructions, called tags, in electronic documents. This is done to accurately style and