UNIFORM PREMIUM
Rating system used to determine amounts for premiums.
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Rating system used to determine amounts for premiums.
1. Crafts like crane driving, welding that is covered by a international or national union. 2. Employees represented by the trade union. 3. Jobs a trade union claims can be filled by
1. Contracting. Pre-determined price for work to be done. 2. Retailing. Price of one item sold.
Banking combining aspects of commercial banking and investment banking.
Statistical pattern of distribution where measurements are not clustered near the median.
Reserve kept so claims not yet submitted can be paid. Amount is based by estimation.
New version of hardware and software, equipment or a machine better than the last and more expensive.
Industrial firms processing raw materials into an unfinished product to be completed by someone else.
Period during which an asset will be able to be used.
Mortgage loan available to veterans of US Armed Forces.
Network of data communications using dedicated secure lines where detection of errors, access to database, capacity for storing large data quantities, protocol conversion and similar features have been included.
Increasing the value of a product by improving the perception of the product.
Stock that features high dividend yields and low P/E ratios, considered undervalued as it trades at lower prices.
Weight of a unit volume of vapor or gas that is divided by weight of an equal volume of air.
Rate that money circulate at, turns over and changes hands. High velocity equals high number of transactions. Also known as velocity of circulation.
Procedure covering all levels of production from raw material to administration to end product by one company. Gives the entity market place strength.
Document vested in a body.
Real-time two way transmission of video and audio signals over a LAN or the internet. Also known as video teleconferencing.
Health insurance plan covering vision care.
Insight into a customer’s wants, needs and preferences through indirect and direct questioning.