Category: Finance

The total cost of a certain insurance.

A package deal is a deal that provides a range of benefits, services, or concessions, all of which need to be accepted or rejected in one go.

A paid business is like an insurance policy which has been submitted by the prospective candidate. The application has been completed and submitted, the premium is paid and the medical exam has

A pandemic can be a disease, or a medical condition that has spread over a significantly large area. An example can be HIV.

An intellectual ideology, or view, which is accepted by a group of people, or a certain individual. It acts as a pristine example of how things, models and theories are supposed to

The usage of the Pareto principle in order to prioritize, or rank a number of different items which vary in terms of their significance. The objective of the Pareto analysis is to

An analysis which treats a certain sector of the economy as though it is operating in complete isolation from the other sectors within the economy.

In terms of computer security, a passive attack is one in which an attempt is made to access unauthorized information, that is located upon a system, for electronic spying.

Practices that have been established due to common use, making them accepted publicly. Secondly, it is a method of resolving disputes between people, where history is checked to find a simlar dispute

A recurring characteristic that helps in the identification of any problem. It might also act as an indicator of how that problem might behave in the future.

A sum of money that is owed by a lender, creditor, government, or employee. Shown as a liability in the balance sheet of the firm.

The time it takes after writing the check for the balance to be actually deducted from the bank. Results in a decrease.

Such an endorsement provides larger coverage on the inventory that has been insured during the peaking seasons.

Action that has not been taken as yet while the case lies in court, to be heard at a future date. It is also known as a pending lawsuit.

A chart used to measure the quality control and calculate the stability of any process involved in the quality control .

A decision making method which is taken with full information and perfectly logical steps, and usually aimed at maximizing the profits.

Using the base as LIFO, this is an assessment that is set on current costs which are associated with the stock which was last produced, and then allocating the costs to inventory

Any disability, or impairment, or loss of a person’s physical or mental senses, on a permanent level. Prevents a person from functioning normally.

The opposite of permeability, or a trait which prevents liquids from passing through the material.

Any part of information that is recorded about an individual person. Includes the name, email, address, ethnicity, race, identifying number, employment history, etc.