UMBRELLA LIABILITY COVERAGE
Policy of liability insurance covering claims not covered or in excess of cover amount under basic policy for liability.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Policy of liability insurance covering claims not covered or in excess of cover amount under basic policy for liability.
Sum that is spent for purposes it was not intended to be spent on.
Offering goods or services at a deliberately set lower price than competition.
1. General. Document that is signed at the end to signify agreement , correctness or truth of contents. 2. Banking. Evaluating risk for lending by analysing loan contract details. 3. Insurance. Evaluation
Payment that is received before a service is provided or a good is sold.
Technology enabling computers to recognize spoken words. The sound is digitized and then matched to a pattern stored on the database.
General term referring to coverage that is divided into separate amounts depending on the loss type.
Measuring the sensitivity of a bond price based on basis point changes of more than 100.
Payments that are made in installments bot not necessarily in a regular or an equal amount.
The level of even handedness used in dispensing justice where claims are recognized in order of legal and contractual priority.
The most important product forming the major part of an economy’s output or the GDP of a country.
A decision that is implemented and whose outcome is controlled b y the person making the decision.
Minimum length of time needed under law for a specified notice.
One that moves up and down in a fixed or standard progression.
Web site that is well organized , content rich where visitors will return again and again.
Verification of number of items in an inventory to accurately value and audit the stock.
Policy cover damage to property as well as injury to the store keeper.
Traditional production on an assembly line where parts are strategically located next to the line.
1. Classification of large quantity of data into groups based on criteria exhibited. 2. Society’s hierarchical arrangement into layers based on features such as gender, race, age.
A market where sellers are outnumbered by buyers and prices are trending upwards.