Category: M

The insured’s falsifying own age on a policy application or falsifying a beneficiary’s age to trigger benefits sooner. This term also refers to a clause that details the insured’s consequences upon finding

An acronym or rhyming sequence, as examples of this specific type of memory-assistance device or formula

Many contexts use this general term. Insurance coverage on similar policies refers to a changed premium from the normal premium.

The customer’s opportunity to form or change an impression about the firm. That instance of contact or interaction between a customer and a firm. A product, sales force, or visit is often

To ensure one is on course and on schedule in meeting objectives and performance targets, one supervises activities in progress.

Raised during a debate, this type of matter has absolutely no effect on the debated controversy.

Rating scale for US mutual funds. Uses a one star (lowest) to five stars (highest) range. Ratings based on a fund’s risk-adjusted performance over a 3, 5, and 10 year period. Morningstar,

Throughout the accounting period on the balance sheet principal interest payment transactions are recorded. The balance is transferred to the next accounting year if the principal is unpaid at the end of

Driver’s traffic violations and accidents history.

Under different and unrelated brands two or more similar and competing products are marketed by the same firm. Multi-brand strategy has some advantages as a means of (1) holding more shelf space,

One compact unit that combines fax, phone, scanner, copier, and printer functions is this type of office appliance.

An option package with two more more barrier options.

Using many different providers of components and services in the production process. This reduces production risk to the supply chain if it has a problem and keeps production on track in the

To fund projects, local governments used this specific type of certificate . The loans issued with this certificate are interest and tax free. This helps minimize the cost to the local governments

Posing as a casual shopper, gathering information on the stores’ display, prices, and sales staff quality, this specific type of person is hired by a market research firm or a manufacturer to

Measured as one machine working for one hour. Not a labor hour. Used in mechanized production to apply overhead costs to work-in-process inventory. Necessary for cost accounting,

Well-known, popular New York City – Manhattan district street. Named after the fourth President of the United States, John Madison. Pricey real-estate, high-end shopping, and large advertising agencies are trade-mark characteristics. The

Drawings, facilities, funding, personnel, spare parts, technical data, test equipment, tools defined as resources available for required maintenance tasks.

To make a particular item in-house, or to buy it from a supplier as a more advantageous determination. Qualitative quality control and quantitative relative cost are factors considered in the choice.

Investment manager administered and supervised investment account, containing one or more investor’s invested the funds. In proportion to their contribution to the account, these investors share in the gains and losses.