Category: L

1. Time-bound ratio of average energy demand versus maximum demand peak load. 2. Ratio of demonstrated machine capacity as a work center, or as a system versus service availability versus utilization. 3.

In the event the business property is destroyed or theft is attempted, this is an area where important documents are stored safely.

A management philosophy: strategies develop over various small decisions evaluated periodically, and not by a one-time decision. Logical results through experimentation and learning lead to these small decisions, not random determination.

If the forward rate is lower than the futures rate of a security the market decides to lower the price. Refer to short arbitrage.

Existing for several months this is a persistent disability condition.

1. In General, this is a repeatable set steps that lead back to the first step. : 2. In Electrical/Electronics, this is a complete circuit. An example is a wire-pair connecting the

IRS rule: corporation cannot file one tax return covering the corporation that includes subsidiaries owned by a third party. This prevents corporate use of losses incurred by the other owner, not the

Severe damage making an insured item a total loss because the item is no longer what it was when undamaged. Water soaked cement is an example.

Compensation for an insured’s potential earnings lost due to an injury or disability.

Its application is mandated under the provisions of GAAP. Conservative accounting valuation rule. Requires valuing certain asset types, like an inventory, at the lesser of either at historical cost or at current

Surface illuminance metric (SI) unit. Defined as an illumination of one lumen per square meter. In contrast, sunshine gives 80,000 to 100,000 lux to the surface it hits. Also refer to luminance

To the point; using as few words as possible to form a point; straightforward.

Anaerobic decomposition of organic waste at landfill sites causes gases, like methane, to occur.

Insurers exclude particular exposures by narrowing focus stated in such an endorsement.

Amount of heat needed to alter the a material’s state, from solid to liquid or liquid to gas, but without an increase in temperature.

The rule showing the expected outcome or mean of an asset.

Action of water soluble substances like calcium, fertilizers, or pesticides, dissolving in available water, typically rain, and washing out soil as a waste. Leached-out chemicals, known as leachites, are considered to be

Training an individual who may or may not use learned skills in a leadership position to be a leader. Teaching of how-to-lead qualities, communication, ability to motivate others, and management skills.

Lease attachment or annex formally added. Lists and describes the item leased, required lease payments, and other terms applicable to the lease. The lease terms and conditions are fixed per the master

Law provides specific remedy or damages for property damage, bodily harm, or violation of a right.