WHOLE LIFE INSURANCE
Life insurance policy covering death, builds a cash value, pays fixed benefit for death, has a constant premium. Also known as continuous premium whole life insurance, ordinary life insurance, permanent or straight
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Life insurance policy covering death, builds a cash value, pays fixed benefit for death, has a constant premium. Also known as continuous premium whole life insurance, ordinary life insurance, permanent or straight
High probability of profit as well as of loss.
An observation that the bidder winning an item often overvalues the item bid on.
Law phrase. Without abandonment of claim, right, privilege and without implied admission of liability.
Financial support provided to an injured worker covering income, medical costs, rehabilitation or death from a work injury.
Verbal and physical fore in the work environment.
Type of iron with approximately 3% slag giving it a certain grain and look. Resistant to rust, suitable for forging and rolling than casting.
A stock that will return a set amount until it matures.
Accounting. Where an asset is uncollectable and considered to be a loss.
Property or asset that is free from any debt.
Transmission from a point to another point from one device to another device.
Websites internet address, file or document. It reads HTTP://www.address/directories/filename. Also known as Universal Resource Locator, URL or web address.
Benefit of a service or good differing from competing brands giving the buyer a reason to buy it.
Man hours used to produce one unit of output.
1. Benefit retention with no consideration of return where it can be reasonably expected. 2. Money obtained that is not a gift that the beneficiary needs to make restitution for.
Check dishonored on presentation at bank where it was drawn.
Overtime that is not planned due to a bottleneck or to fix a ‘behind schedule’ position.
Link in communication from the ground to an orbiting satellite. Opposite of downlink.
Operational time of equipment where it is fully operational. Opposite of downtime.
Economics. Machine or capital assets reduced value by using it.