REVERSIONARY ANNUITY
An annuity that acts as a life insurance policy. Benefits are paid to athe annuitant when the insured dies.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
An annuity that acts as a life insurance policy. Benefits are paid to athe annuitant when the insured dies.
Legislation allowing national banks to set up offices all over the nation.
1. A bank asset that is affected by credit quality, repricing, interest rate changes etc. 2. Equity capital and assetsof a firm in trouble.
A characteristic that is measurable that can affect the value of assets.
The extent of any exposure to a risk expressed in terms of money.
A fictional environment developed by Gerard Debreu and Dr. Kenneth Arrow where all risks of investment are mitigated by an insurance policy.
The lack of reasonableness or balance in the extent of expectations from the job or person doing the job.
The rate for accommodation that only includes the room and no foods.
The seating arrangement or a discussion where all people are peers.
An observation or formula that has been accepted based on practical knowledge and experience and not a scientific law.
A form of waiter service faster and less expensive than French service . The food is finished off with garnishes etc in the kitchen and brought to the table by one waiter.
In 1963, Allied Crude Vegetable Oil committed $175 million loan fraud when it used water filled cargo as part of its inventory to fool inspectors.
The individual who sells services and goods to another person. Their success is based on volume and sales.
an anti miocrobial agent that kills or renders inactive 99.9% of all known bacteria, viruses and fungi that are present on a surface. Based on toxic chemicals. See disnfectant and sterilant.
A situation in financial management where the internal rate of return (IRR) method may lead to an investor choosing a higher IRR that may give him a lower return than a project
A broad outline of how an objective can be acheived. It is not a formal plan and will not show every detail.
Issues that are included in a collective bargaining situation. Classified as mandatory, permissive or prohibited.
A program for computers that uses keywords and phrases to search for documents and web pages using the keywords and phrases.
A statement of financial position nmust be made with the SEC by a company that is ytrading on the public markets.
A policy in insurance that cobers things not covered by a primary policy.