LIVE WIRE
current is flowing through this part of electrical wiring. Contrast to a ground wire or a neutral wire. Also known as hot wire.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
current is flowing through this part of electrical wiring. Contrast to a ground wire or a neutral wire. Also known as hot wire.
Built in to the insurance cost, this amount covers insurer operating cost, periodic insurer’s losses higher than anticipated, and interest earned from the insurer’s investments. The amount required to only cover losses
An arrangement allowing a chosen, earnest buyer time to complete its purchase free of pressure from competition. Seller’s and buyer’s written or oral contract requiring that the seller not seek or accept
Statistical estimation technique for straight-line, linear relationships between two or more variables. A dependent variable is influenced by one or more independent variables in this case. The data values, converted to their
A yield curve of more than seven years. Refer to belly of the curve and short end.
Five years or longer strategy to achieve intended performance goals of an organization. Planned improvements of organization’s competitive position, profitability, technology leadership, investment gain, productivity, employee relations, and corporate image are considered
Claim adjustment’s total cost over and above the actual claim payout, which is excluded.
In a particular time frame, loss reoccurrence tally.
Entity receiving loss payout benefits, such as a mortgage borrower
1985 US Supreme court decision, ‘Cleveland Board of Education vs. Loudermill’, gave public employee property rights in their jobs. A public employee cannot be terminated without due process involving a pre-termination hearing,
Business and financial capabilities, past performance, and reputation of this qualified bidder meets the required standards, with this bidder also having the lowest or best bid price.
An M1 option plus overnight agreements and deposits, savings accounts, and mutual funds.
An offset designed to use futures contracts to eliminate, reduce, or otherwise mitigate an entire entity’s portfolio-based economic risk. Also refer to micro hedge.
Sales method using some version of mailing to obtain the order. Generates inquiries and orders from advertisements in suitable media, including the Internet. Contrast to phone order. Buyers and sellers have no
The value of a local currency is measured and most of the world’s foreign transactions are denominated with one of the following major currencies: British Pound (GBP), Euro (EUR), Japanese Yen (JPY),
Proper, reasonable, and probable cause absent from legal proceedings initiated.
Objectives planned determine if results are worthwhile and contributing to an organization’s mission and goals in this process management style.
Complete disregard of case facts and the applicable rule or law as an indisputable error of judgment.
Each manufacturer that imports goods into the United States receives this unique identifying reference number. This number is used by U.S. Customs in its electronic monitoring systems. This number is not like
The process of identifying the benefits and costs of different alternatives. This is done by examining incremental effects on total revenue and total cost. These effects are caused by very small, single