METRICS
Efficiency, progress, performance, and quality of a plan, process, or product are assessed by these specific standards of measurement .
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Efficiency, progress, performance, and quality of a plan, process, or product are assessed by these specific standards of measurement .
A scaled down, task-specific microcomputer. May/may not have an input or output device. Fuel injectors, security systems, or traffic monitors typically have embedded systems containing a microcontroller.
Small amount transactions; cost five dollars or less, typically only a few cents . Mostly done with the sale of information over the Internet.
After a claims made liability policy has expired to allow continued claims, this specific type of an extended reporting period is made. No more than 60 days after the policy’s end can
Short-term revenue generation strategy. Used by investors to boost stock prices or company revenues and generate profits quickly. It is given a higher priority than longer term concerns: brand development; stability of
Insurance that only covers one line of risk.
To be displayed and, therefore, traded on the London Stock Exchange’s stock exchange automated quotation system (SEAQ), this specific type of minimum share count is what market-makers must show. NASDAQ. an American
This specific ratio is a comparison of the gold ounce price to the silver ounce price.
Air or gaseous medium suspending this type of fine droplets of liquid.
1. Able to move. Capable of movement. 2. Cellular or mobile phone in today’s slang. 3. An arranged, balanced free-moving object. An example is a crib mobile that moves dangling toys.
Macaulay duration adjusted for compounding. Fixed-income financial instrument’s price volatility and interest rate sensitivity measure. Like an interest bearing bond, the instrument’s value-percentage change for each percentage point change in prevailing interest
The upward and downward movement of a security in the market index.
When a black print is made on white paper. Single color known as ‘black and white’ .
In common usage, moral hazard infers a conscious malicious, even illegal, motivation, versus an unconscious behavior change. Circumstance that increases the likelihood of a loss, or abnormal loss. Typically due to a
Mortality-table based cost calculated in life insurance policies. The policy’s face amount times the mortality likelihood, the chance that the policy will be paid out as a claim when the insured dies
Mortgage borrower relief option to alter mortgage contract terms. Primarily for borrowers unable to make the mortgage payments under original mortgage contract terms. Refinancing or extending loan terms to reduce the monthly
State of a house or property ready for immediate occupancy. In this condition a property must meet all city or governing municipality requirements as a habitable dwelling. Operable plumbing, electricity, locking doors
An entity that appears on multiple customer lists from buying from more than one other person or company. This applies to the insurance industry as a policy type limiting the credit risk
The achievement of the organization’s specific objectives occurs due to members with varied but complimentary experience, qualifications, and skills gathered together as this specific type of group. Also refer to multifunctional team.
A trust made by many small employers in the same industry. Purchasing lower-cost group insurance or setting up a self-funded plan are reasons for this type of trust.
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