NON-QUALIFIED DEFERRED COMPENSATION (NQDC)
A retirement contribution that the employee has earned, but which is yet to be paid by the employer. It is not taxable as it has yet to be received. Employees with high
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A retirement contribution that the employee has earned, but which is yet to be paid by the employer. It is not taxable as it has yet to be received. Employees with high
A agent who possesses the license to sell insurance policies in a state other than the one he considers his home state.
A policy which does not state the claimable amount in the event of a loss.
A foreign exchange account in a local bank in the local currency that is maintained by a foreign bank. A vostro account is the account that is applicable to local banks.
A system under which voters can give their consent or not on matters that were discussed by simply making a notation on the list.
A notification letter from the owner addressed to the contractor stating the date on which the contractor can begin project work. The NTP date marks the beginning of the performance time of
1. Economics: A commodity that is the basis on which the prices of all other commodities are measured. 2. Finance: The currency that is the basis of expression for all other currencies.
An operating system that utilizes objects in its user interface or programming language.
The workplace surroundings that encompasses the physical and social environment.
A product that is usually offered at a lower price during a period of minimal demand.
An insurance policy with a low limit that insures office equipment and supplies against robbery or loss.
A test used to determine if an unstated condition was originally implied at the time of writing the contract. In the method, an investigator tries to determine if the contracting parties had
A trust that is set up in a location, usually another country, different from the trustor’s location.
Economies having their roots in the Industrial Revolution and the bulk manufacturing of physical goods, whose objects are valued based on their physical properties. These include the energy sector, the steel and
This is when a securities broker funds a portion of a client’s purchase, with the client paying the rest. The broker keeps the purchased securities as collateral.
1. A device that is connected to the Internet or other network. 2. Documents, files or web page that are accessible for reading and downloading by users of a particular network (usually
A concept that sees decision making as the next logical step of a specific process. If a decision has been made, an action has to be taken.
This is a court session that anyone can attend, if they wish.
A market in which prices are controlled by supply and demand, rather than government policy or independent cartels.
An agreement between countries that enables unrestricted overflight and landing rights to each other.