Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
1. Identifying, evaluating and estimating risk levels and comparing them to benchmarks and standards to determine an acceptable risk level.2. Food industry. WHO/FAO have identified hazard identification and characterisation, assessment of exposure
A single specific occurence that affects a plan or decision in a negative manner.
An account that is established by insurers to hold funds that will be jointly available in times of loss due to natural disasters.
The rate of return that is optimum for an investment without incurring any risk where the investor receives the principal and a small return over a time period.
A person who others aspire to be like, may be a person alive or dead, someone you know or don’t know but would like to be the same as.
The rate for accommodation that includes a night’s accommodation and all meals.
The way of expressing a quantity to its nearest whole number , or multiple of 10 by slightly increasing and reducing quantities.
The predominance that is absolute of an ordinary law over every citizen regardless of that citizens power.
An equity that is weighted by market capitalisation that is published by the Frank Russell Company. Various indexes have been established such as the Russell 3000 index that measures the top 3000
An item that is able to be sold. See merchantable and satisfactory quality.
The measure of the efficiency of a company’s marketing strategy. It is calculated by dividing sales of each share with the cash flow of each share.
The destruction of micro-organisms that could be harmful to health. Used on clothing and hard surfaces to destroy organisms by heat or chemicals. See disinfection and sterilization.
A buyers order for his broker that allows for a client to move with the market trends.
An early sketch or drawing showing the basic layout or representation of a concept. There are no fine details.
Power that has been given to an agent to carry out his instructions.
Used in online and internet marketing. The ad will appear after a search using specific keywords for products. It will advertise like products you are searching for.
The distance available on a seat between the hand rests. See also seat pitch.
This is medical care that comes from another doctor or professional that the patient has been referred to for extra care and treatment.
A product that has been processed from raw materials that is not classed as the primary product produced by the company.
A trust or mortgage deed that shows evidence that an asset orm property has been pledged as a security.