Category: M

To write both property and casualty insurance the same insurer is legal under this specific type of state law.

different types of management involved in this specific type of plan are typically in roles different than ones originally identified for them. This helps in vetting future upper-level management positions. Top-level management

An Islamic financial transaction. Having property or an asset to sell, the owner will rent or lease it at a fully disclosed rate of profit to an interested buyer. Just like a

An optical device reads printed materials and transfer into digital format as electronic data input. Optical character recognition (OCR) technology is used.

Device for reading information by required contact with a magnetic stripe card. The card must pass through a slot, or swipe, to read stored information. Also known as card swipe machine or

Making ongoing but limited investments in its marketing aimed at maintaining the current market share of a brand or product, specifically in stagnant or low growth markets, as a planned support approach.

Ventilating equipment to heat or cool circulates purchased fresh outside air throughout a building.

Outside investors’ purchase of a firm, retaining existing management, but make the board of directors their representative. Believing the firm’s products will generate greater future yields with strategic changes and/or capital infusion

Court order mandating a mandatary entity to perform or cease a specific act.

Using a large number of claims, collecting data on average claims helps derive this type of insurance rates. Based on information available on certain groups, these rates are then customized.

A loan usable for varied purposes. Typically, it is offered by a broker for purchasing securities in a margin account to an investor and secured by the investor’s collateral.

By actually consuming or producing a good, a household or business enjoys a marginal benefit.

Payable income tax amount adjustment by a firm whose taxable income slightly exceeds the upper limit of a tax bracket, or band. This adjustment is usually only available to small firms and

Continued or increased production and availability warranted by this state of satisfying a sufficiently large customer base with a good or service.

At the end of a trading day, as late as possible, is when to execute this type of market order.

Owned and operated by the Dow Jones, this is a financial website that reports important information relevant to investors, such as up-to-date information on stock market statistics and corporate news. Launched in

National press, radio, and television, utilized as mass media method of delivery of messages to general public.

Collective leveraging of a number of existing limited partnerships into a financing arrangement that brings together one or more properties or projects into a more marketable entity. Real estate development, oil and

A sales contract’s essential terms. A description of the item sold, the price, the quantity, and the delivery date are essential components of the material contact terms.

Employees with dual responsibilities and dual bosses have multiple command-and-control structures. These employees have one boss, as project manager, for example, for day-to-day operations. They have another boss, a departmental head, for