SUE AND LABOR CLAUSE
Clause requiring the insured to make all attempts to protect any property that is salvageable.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Clause requiring the insured to make all attempts to protect any property that is salvageable.
A quick decision of a court based on briefings and affidavits where material facts are not disputed or where the court’s opinion is used for judgment. Also known as accelerated judgment.
Computer for very fast data processing where the number crunching ability is measured in hundreds of millions of floating point operations or gigaflops.
In a claims made liability policy the option that will extend the time when claims are allowed to be made.
The increase of rate of output that occurs to meet a sudden increase in demand, in war time for example, by working multiple shifts and expanding the capacity of production.
An activity supporting, but contributing directly to product quality, customer value or generation of revenue but that is necessary for the continuation of the organization.
An electronic or mechanical device that closes or opens a path for electricity to move power from one point to another. See valve.
The subjective or apparent manifestation of a disease or condition or the change of such. See syndrome.
Authority or ability to interact with a computer system that results in flow of information; way to input or output data from a sauce of information. Access implies authorization.
Unspoken, unwritten and hidden store of knowledge held by every human being that is based on experiences, emotions, intuitions, insights and observations.
1. Natural ability to excel in a duty or action. 2. Group of people with an aptitude for certain tasks.
Survey of Japanese businesses done 4 times each year by the Bank of Japan.
Identifying the market to target after research and the development of a specific campaign.
The import quota allowing a limited quantity of merchandise to enter a country that is to be consumed at a tariff at a reduced rate. Tariff quota.
A rate applied to a specific class of commodity or single commodity. An example is flowers.
The impact that is caused by a change in demand or supply that causes a similar effect on other markets.
Financing flowing from sales volume and activity during business operations needing no assistance from creditors or lenders.
a process that will fail only within a set range and with minimal causes of failure.
The notification that the state of high preparedness is over and an alert has been called off.
1. Agreement where the vendor allows the buyer to purchase goods and services at a set price for a set period of time. 2. Irrevocable offer renewed automatically after a closing date