SMALL GROUP POOLING
A process that is used by small businesses where they group together into a large pool to receive a rate that is more accurate.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A process that is used by small businesses where they group together into a large pool to receive a rate that is more accurate.
The demand for an item in a higher market that inversely varies with the demand in a lower income market.
An action that will result in a benefit being available to the general public.
A program that has been mandated by the Social Security Act in 1935 that provides for the elderly, disabled and provides health insurance to certainmembers of a community.
An asset such a human resources, brans name and knowledge that is not shown on a financial statement. A hard asset is cash, land or equipment.
The person who writes the programs for computer software in a language the computer can read.
A term used in the printing industry for a block of colour that shows no halftones or shades.
Having the ability to think, understand and reason for oneself. Adults are generally considered to be of sound mind until circumstances change.
A guarantee by the government that all obligations will be satisfied when and if the primary obliger goes into default.
The provisions in a contract that are specific to a project that is under consideration and don’t fall under any other general or supplementary conditions.
A situation that arises that will require a company to sell of some of its shares.
To renegotiate the rate or term of a mortgage without changing the amount of said mortgage. This is a common way for borrowers to lock in a lower interest rate.
The rate structure is a set of causes that a utility firm uses to compute the consumers charges. Water bills and telephone bills can be straightforward while electric bills are complex.
Rationing function of price features raising the price higher so that less of the consumable will be purchased and used by the consumers and more will be conserved or rationed.
Number assigned to the level of how complex reading material is. It equals a level of schooling. For instance, level of seven means the reading material is suited for a student in
1. Practical orientation that relies on the facts and takes into consideration things as they are, not on what they might be. 2. Philosophical concept that theoretical entities such as numbers and
1. Remembrance of what has been heard, seen. Also, see: recall test. 2. Removal of a contaminated or defective good by its manufacturer , either voluntarily or when forced by a watchdog
Essential piece of macroeconomics that accounts for the gap between the short run equilibrium level and full employment real production. A recessionary gap is associated with a business cycle contraction.
A requirement where a passenger must confirm at least 72 hours before the flight that they will be on the plane. Otherwise, the airline has the right to assign the seat.
The process of identifying and hiring the most qualified candidate either from within or outside of an company for a job vacancy in a most timely and cost effective way.