Category: L

Goods, services, space, agreed-to prices, terms, and time are all particulars documented in what becomes a binding contract once the associated parties all sign it.

Refuseal to comply with a stated contract requirement is documented in this written confirmation. Clearly states why and must suggest alternatives for resolution. A subcontractor or vendor not willing to disclose proprietary

Buyer interest for a specific product in a specific purchase decision as a degree of intensity.

When a company uses its high credit rating to borrow funds to invest.

Insurance coverage against legal action taken for any statement considered to be libelous that the insured wrote.

A life insurance policy written for investors where the costs come from an insurance linked security.

Even if the principal amount is exhausted this settlement agreement’s life-time option continues paying the beneficiary in installments.

Improving an entity’s standard of living defined by a luxury good becoming a necessity. The improvement comes either as an income increase or lifestyle cost reduction. As an example, a family rents

To determine what type of products moved quicker than others, companies use this method of comparing current year sales figures to prior years sales figures.

In some states, this type of agent has lesser education and licensing requirements. An agent allowed to deal only is specific forms of insurance, like travel insurance.

The insured pays the entire premium sooner than a traditional model, as set in the policy.

A revenue-generating department’s head manager accountable for policy making, target setting, decision making leading to successfully meeting an organization’s main objectives.

Long distance cargo transport for more than 1,500 kilometers or 1,000 miles between two major cities or ports.

Liquidity of the investor based on asset value easily and quickly convertible into cash, .

Measuring by ratios assets value to convert assets to cash.

An contract that authorizes the broker to sell or lease the property at a set price and terms. The broker receives a commission or other compensation from property owner following the closing.

Focusing on form, fit, and function, this set of flexible requirements are designed to easily fit new products, processes, and more advanced requirements into what currently exists. It promotes continuous quality improvements

Moving demand from daily peak hours to off-peak hours. A load management technique.

Banks’ loan rate grading classification system on existing and requested loans based on the borrower’s credit history, repayment risk of owed interest and principal, and the worth of any guaranties or collateral

Borrower’s obligation of timely loan interest and principal periodic payments based on the loan agreement’s terms. Credit-worthiness of a borrower comes from diligent loan servicing. The lending institution duly records this in