Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: H

HELD COVERED

1. insurance term for a rule acceptance of insurance risk as long as extended cover exists. 2. AKA direct covered.

HERTZ (HZ)

The unit of frequency per cycle. It can be in kilo hertz or mega hertz or giga hertz.

HIERARCHY OF AUTHORITY

The power structure and authority that increases at higher levels in the hierarchy. The person at the top is most powerful and makes the final decision.

HIGH-YIELD BOND

A BOND issued by a firm with a SUBINVESTMENT GRADE CREDIT RATING (i.e., below BBB by Standard and Poor

HIT THE RIBBON

A phrase that describes a trade so it shows up on a ticker. I was stared when ticker tape or ribbon was used.

HOMOGENEOUS

An item that is the same as others in the group. It is the opposite of homogeneous.

HOSPITAL INSURANCE

Health insurance for hospital costs. The insured must pay a monthly fee for private insurance. Federal or state employees do not.

H-1B VISA

A visa that the US uses to let foreign parties work here temporarily. An employer must sponsor them and the job must be in one area by law. They can stay 6

HALOGEN

A group of 5 chemicals that are bromide, astatine, iodine, chlorine, and flourine. It canbe gas, solid, and liquid. They are poisonous and reactive. They smell bad and have colored fumes. Refer

HANG SENG INDEX

A market of the top 33 companies in Hong Kong stock market. The Hang Seng Bank administers this.

HARD MARKET

An INSURANCE market cycle where INSURERS reduce the amount of coverage they are willing to write, causing supply to contract and PREMIUMS to rise. A hard market can occur by the onset

HEADCOUNT REDUCTION

How employees at a place are reduced due to changes in circumstance. It can be drops in sales or services.

HEAT EXHAUSTION

Fatigue buildup that leads to fainting. It causes low blood pressure and blood volume because of dehydration. Rehydrate and rest and a medical doctor can help this.

HEAVY METAL

They can be Arsenic, Beryllium, Cadmium, Chromium, Lead, Mercury, Nickel, Selenium, and Manganese. They are used in industrial process and carried by air or water. They stay in organs and can be

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