Category: M

Likelihood that a person will die, belonging to a specific group, categorized by age, occupation, or some other factor. In setting life insurance premium rates, mortality rate is a basic factors used.

Optional insurance coverage in case a home buyer becomes financially unable to continue making mortgage payments. The lender or borrower may purchase this to cover mortgage payments.

Digital audio compression and playback standard able to fit 150 songs requiring 7.5 gigabytes or more of storage space on a single CD with very little loss in sound quality. Compression can

A single device communicates with two or more devices with a single transmission in this transmission method. A multicast message is transmitted only to one or more selected devices. In contrast, broadcasting

At least three population generations are involved in this specific type of research or survey.

Benefits provided by a specific policy will be multiplied by a specific percentage stated in the type of clause. A peril happening in a certain way might be double indemnity in a

Companies that have employees at multiple locations in a particular state submit this specific type of employment and wage report. States use these reports to identify that federal funds allocations across different

A particular piece of property or other asset has proven ownership by these specific types of documents. Stock or bond certificates, a title to a car, a deed to a house or

Data or instructions readable through a computer’s electronic device. This input is ready for interpretation and manipulation. Bar codes, magnetic ink, or disk are sources of this data or instructions. Laser scanners,

A narrow rectangular magnetic strip. Bank cards, credit cards, and the like carry one on the back. Information retained on a magnetic stripe can be damaged or wiped out by a strong

scheduled maintenance operations for assessing and planning administrative, financial, and technical framework tasks.

Rerunning the corrected ad or correctly timed commercial as a promise to ‘make an error good’ by a medium. Newspaper, magazine, radio or TV station as an advertising medium gives an advertiser

A systematic organizational management assessment. Evaluates sufficiency of methods and policies. Resource administration and use, tactical and strategic planning, and employee and organizational improvement are this action’s focus.

Senior partner’s highest formal job title. Typically accountable for a firm’s overall practice, management and day-to-day operations. This job title is most used in accounting and law firms. In terms of duties

Liability limit excess in an insurance premium’s amount. Multiplying the manual rate by rate factors found on a table establishes this premium. Determines a premium for the limit selected.

Until the outcome of an associated law suit is decided, this court order prevents a defendant from transferring assets. ‘Mareva Compania Naviera S.A. vs. International Bulk Carriers S.A.’ was the founding 1975

A company having a relatively minor impact on its own field of operation due to dominating rival companies of greater size and influence. Marginal players are always susceptible to their larger rivals’

Producer’s substitution rate of a small input variable’s amount for another small input variable’s amount. This rate indicates the opportunity cost of a unit of each commodity in terms of another.

A check guaranteed by the bank on which it is drawn when marked ‘good for payment’, typically by means of a special stamp. The check’s issuer thereby acknowledges to having sufficient funds

A customer feels like the firm’s exclusive, preferred customer due to this level of customization and customer service.