ZONING
Legislative process dividing land into zones for different uses such as industrial, open space, residential. See zonation.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Legislative process dividing land into zones for different uses such as industrial, open space, residential. See zonation.
Policy premiums paid on insurance written over a period of time.
Trade union industrial action that is started by an employer violating a provision of the labor relations statutes.
Standard form used by insurers that are worded in a set way.
Motorist with an inadequate amount of insurance or no insurance.
unit where an items value is compared and accounted. Money’s primary function.
Load of many articles bound together for transport and handling as one unit.
Incurred obligation that has not been paid for as yet.
Paper profit or loss not becoming actual until the asset is sold, disposed of or redeemed. Also known as unrealized gain/loss.
An interview without any set format or formula for questions asked. Also known as a non-directive interview.
Potential of gain from ideal, transaction or situation. Opposite of downside.
Increase of population in cities versus the rural areas.
Ethical philosophy where happiness of most people is thought to be the greater good.
use by an adjuster to determine loss occurrence and putting a monetary value to a claim.
Method of pricing based on a goods perceived worth.
Maximum price to pay for knowing an uncertainty’s value before a course of action is decided.
Electromechanical or mechanical device that controls the flow of liquid, gas, slurry, dry loose material. 3 maintypes.1. Isolation, 2. Switching, 3, Control.
A safe and secure area in financial institutions for storing money and valuables.
Scheme of numbering differentiating between them.
Oil tanker that carries up to 250,000 DWT.