ULTRAVIRES
It means outside ones jurisdiction. It is any financial action that is not covered legally under a companies laws. A third party can sue if this is mismanaged.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
It means outside ones jurisdiction. It is any financial action that is not covered legally under a companies laws. A third party can sue if this is mismanaged.
An auditor who is not part of the company who verifies the honesty of the financial records given.
When a directors duties are given to creditors before insolvency occurs. This protects assets in the failing business.
When security price falls causing a stop loss order. The price will rebound. Or a raise in price that trigger purchases lowering stock price.
an early mortality table which showed the actual mortality experienced by those insured by major insurers between 1925 and 1934.
An insurer that underwrites property and casualty policies.
A bond that guarantees a return based on inflation. The coupon is the fixed rate and the principal adjusts according to the changing inflation rates. Refer to the terms ajustabonos and treasury
A security where the price goes down when the interest rates do.
A way to asses risk by comparing potential risk against a portfolios possible returns.
When a child turns 21, the child’s insurance policy of this type automatically increases value without additional proof of insurability. Such a policy written on a child is typically in units of
To avoid a time gap and loss of retention, required knowledge and skills are learned for immediate application in this training scheme.
Learning material presented in small units of personalized instruction. Behavioral psychologist Fred Keller, developed this approach, which bears his name. Instructors only facilitate, grade as pass or fail, administer no punishment at
Customer service and satisfaction, competitive advantage, and strategic success are essential business workflows In management’s view.
Shopping by a potential investor for an investment brokerage firm described creatively.
Event-driven benefit payoff tied to something occurring like a specific change in an asset’s price. Contrast to knock-out option.
At least 80 percent virgin wood pulp is in this strong brown unbleached paper.
An economic philosophy that suggest government involvement in finances is not necessary. The market will balance itself out naturally.
Non-payment of premiums causes cancellation/lapse of a policy.
The version of a will superseding all previous versions of this will.
Rapid enforcement of penalties imposed under criminal law drives firm dealing with instances of theft, violence, and disturbance of peace. Law enforcement agencies comply to limit their powers. Society, a vast population,