PORCUPINE PROVISION
Methods adopted by large scale companies in order to secure themselves against a hostile takeover.
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Methods adopted by large scale companies in order to secure themselves against a hostile takeover.
The period of time it takes for any investment to get funded, until it is sold off or repaid.
A concept which states that only the knowledge of science is the one true knowledge of this world which can be perceived by an individual. It was established by Francis Bacon, a
A potential dose is the total amount of chemical that is present within any substance (liquid or solid) that has been swallowed by an individual.
A certified document which is required to check whether the insured party needs to go to the hospital or not.
The use of several methods of lending, usually shady, which are used to gain unlawful benefits from borrowers.
A bidder who has been preferred over others, by a company who is holding an auction.
A form which is used to pay the premium as a deposit when the term begins.
Also known as categorical variables or the variables in financial equations that are not dependent on the rate of inflation and other such factors.
A freight forwarder or shipment consolidator who does not have ownership of the vessel, but assumes responsibilities for the shipments and issuing its own bills of lading and airway bills.
Generic Goods that bear close resemblance to the goods produced by popular brands and establishments. And as such, they are considered to be of low quality and price due to market perception.
The discrepancy that causes the underinsurance of property in the event of a loss. This occurs when the same property is covered for the same danger by different policies, but differ in
An account that can be collected more than a year from the date of the balance sheet.
A financial instrument such as a bond or a stock that is not a part of the other equities held by the company.
A risk with a high probability of loss, or failure to accurate measure the risk actuarially. As such, the risk cannot be insured.
Injuries that are sustained at work are not insured under this policy due to their coverage under the workers compensation.
Advantage gained by a product over its competition not by virtue of its attributes but by the creation of a distinct brand image through exclusive promotions, widespread distribution, superior customer service, etc
A ticket that prohibits monetary compensation when returned, but can be refunded for a fee.
An investment that ought to be cashed in a year after the start of the investment.
A treaty between Canada, the US and Mexico that was legislated in 1994, which removes tariffs and other barriers to facilitate easy trade between these countries. It lasts between five and ten
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