PROPERTY DAMAGE LIABILITY INSURANCE
Insurance cover that is used to protect the property of another person from damage and injury. It is usually combined with a body injury liability policy.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Insurance cover that is used to protect the property of another person from damage and injury. It is usually combined with a body injury liability policy.
This covers all knowledge that provides the advantage one firm has over another. It includes formulae, concepts, technical information and software codes that are protected under laws against misuse and being made
This is where an agents territory is protected so that another agent is unable to encroach on the said agents teritory or area. This is guranteeed by the franchisee or company principle
Also known as direct cause. The result of an direct action and cause of loss to property that sets in motion a chain of events that is unbroken and causes damage, injury
This person is an insurance adjuster who works for the person who pays the insurance premiums and not for the insurance company.
Each state is ruled by duties and rights that need to be adhered to. This is an international law that covers these rights and duties of inter-government agencies and departments.
The way a company or organisation promotes itself to the general public. It may be its workers, customers, suppliers and investors. The public relations department promotes the goodwill of the company through
Any securities and shares that are bought and sold on an organised exchange. They are bought off a document that is called a prospectus.
A economic system that shows little interference from a government body. The system is run by big business and revolves around money and capital assets. TLD Example: The election of a president who
A document that is used to conform or acts in agreement to other conditions such as in rrference to an agreement or situation. In law it applies to a how an act
The ratio between all assets held by a company and their replacement cost in today’s market. Assets include machinery and plane items needed to carry out the company’s trade. If the ratio
The steps that are taken in order to determine if an individual meets the requirements of a lending institution for a loan. It also assesses their ability to pay of the loan
A part of the quality assurance control that is used in the manufacture of a product. Each aspect of production is subject to its own quality control.
See also core earnings. The term that is used to differentiate between how a company earns its money. Money can come from investments and financing or from the primary operations that the
Definable specifications and objectives that can be given numerical values.
The Census Bureau will produce a survey every quarter that is considered to be an indicator of the trends in an economy. The survey provides estimates of the revenue from hospitals, nursing
A question that ha sbeen raised about a point of law. It is not answered by the jury but will be answered by the judge.
The way in which a bond or stock will be treated when it reaches its maturity date. It is the acknowledged way a stock will act at its maturity date.
A non-destructive and non-invasive method of seeing inside a particular object. The rays used are gamma and beta radiation and can pass through tissue to expose solid features that are found inside
The general employees that do not include the managerial positions and department heads. It derives from a military term where soldiers stood according to rank and in lines or files.