Category: L

Value calculated as: total premiums paid minus the end-of-year policy value minus dividends. Life insurance policy’s net cost.

Lawfully certified weight based on the use of a lawfully certified scale or weight counterbalance. An article’s unit weight is calculated by adding the article’s basic weight and the wrapping and container

A manager or interviewer rates an employee or the candidate too positively, causing a performance appraisal or interview bias. Contrast with strictness error.

Buyer’s or importer’s bank, known as the issuing bank makes a written commitment to the seller’s or exporter’s bank, known as the accepting bank, negotiating bank, or paying bank. A written commitment

Distance between printed text characters. This spacing is adjustable to increase or decrease the average distance between letters. Can be applied to a block of text or paragraph. ‘Proportional letter spacing,’ adjusts

A premium that doesn’t change despite any increase in risk.

Defamatory statement published through any manner or media. If intended to simply bring contempt, disrespect, hatred, or ridicule to a person or entity it is likely a civil breach of law. However,

One decision support tool as a management practice combines all relevant information about economy, enrichment, finance, and technology. Charting a manufacture product’s optimum life cycle is the goal. Also refer to terotechnology.

Life-span projected Item. A set lifespan for an item, either as time, like 1,000 hours, or as usage, like 100,000 miles, stated by its manufacturer or vendor.

For moving cargo from ship to shore and the other way around, a barge or other shallow water craft is carried onboard a ship.

Settlement up to a certain limit of claims is what a creditor can accept.

Manufacturers product guarantee as a written statement that sets conditions and time limit that the product will work as stated. such warranties are typically limited to repair or replacement of the item

In Insurance, this is a schedule listing liability limits an insurer can write for different risks. It is a guide to determine the limit of liability ceding insurance companies will undertake on

Tasks, functions, departments, and organizations integrated to achieve shared objective are related to each other, having interactions that promote the flow of information and ideas.

1. Posting a accepted security on a stock exchange for trading. 2. Certification of an appliance, equipment, or supplies as complying with specific safety and/or other requirements by an independent standards or

Revocable trust as an estate planning device, built on property transfer or gift to one or more beneficiaries from its living trustor. It is not a way to stave off creditors from

Two commercially and industry known major LAN standards are Ethernet and Token Ring. data communication system user-owned. user-operated. Either a short-distance cable and/or wireless-based device connection. Interconnects one or more servers with

Record of activities, events, and/or occurrences, systematically, daily or hourly.

The bidding half of an exchange in the london interloan bank.

A downward stock price trend accelerated by attempted long position liquidations by investors, hoping to minimize their losses. Also refer to short squeeze.