Category: M

In the event the borrower dies before paying off the mortgage, this term life insurance pays off the home mortgage balance. It is bought to protect the family from losing its home

Truck owner coverage against a loss of the trucker’s property while in use transporting cargo. Regardless of legally liability for the loss, this form also covers cargo loss or damage,

A contract that covers more than one danger as this type of policies.

To house several different families in separate housing units is the specific design for this type of building or structure. The entire building or structure may be owned by one person, a

Where the award of a single contract would be impractical or impossible, two or more bidders for the same item are awarded separate, partial contracts.

1. In Retail, This is often called a retail chain, a multi-locations retail shop with common ownership and management. Contrast to mom and pop store. 2. In a Union, and other negotiating

More than one layer or ply exists or comprises.

Unexplainable loss of assets in an event beyond occurrences like a robbery. This term gives broader coverage than specific everyday perils like robbery.

No intervention by an operator is typical of total machine control of the machine’s work cycle segment.

Financial system studied comprehensively. The nation’s banking industry is such a system. Overall system soundness and system vulnerabilities, as well as financial shock absorption capabilities are study components. The operational system’s regulatory

Readily-available, products and services appealing to the general public. Contrast to a very selective subset of the public.

Over the counter trading of a particular security by a dealer able, ready, and willing to buy and/or sell.

Unauthorized, destructive action designed from surreptitious invasion of a computer system by this type of software code. Refer to virus.

Financial methods assessed, judging affect on the business, internally and externally. Mainly a mixture between basic corporate financing and managerial. Involves changes to prevent loss. Considers how to improve financial methods to

Details over time or for a project the different skills required. Also, details how to get them and when to get them. Personnel resource estimating or projecting.

coverage or conditions not included in a standard policy are specifically written into this policy. To comply with state laws, a larger brokerage for a larger account will prepare this type of

The last additional capital unit’s annual percentage return. the investment becomes viable at this represented market interest rate. Also known as marginal productivity of capital.

Usable, yet barely profitable, parcel of land or some other concrete entity. When a property fails to return a tangible profit, yet is efficiently used and is a key production process asset,

Vehicle type that minimizes Federal estate taxes, giving the surviving spouse unlimited family assets access.

the demand for or the price of a good or service affected by some external variable.