Category: M

Several angles or viewpoints are used to assess a situation.

Bundled insurance instrument to cover multiple similar risk exposures as one single insurance policy. It is more manageable for the involved insurers to use a single multiline contract for the overall risk

A marketing organization of member brokers agree to co-own their listing agreements with each other to improve procuring more quickly than they could on their own ready, willing, and able buyers for

The same amounts on a balance sheet total using different lines in this type of document.

Providing utility-related services such as water, sewage, and drainage services is the job of this specific type of political entity. Enacted by state law and funded by special assessment bonds. One’s property

Coverage written by an incorporated insurer that still provides the policyholders with dividends, but does not have incorporated capital belonging to the policyholders.

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

Administration, controlling, monitoring, planning, testing, and tooling as labor and material overhead activities contributing to overall maintenance costs . Also known as indirect maintenance cost.

more than one billion dollars in annual operating revenue earns an air carrier this US designation. American, Northwest, and United Airlines are so designated. Also known as major carrier.

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

Theory that populations grow at a geometric rate while food supplies grow at an arithmetic rate. Seen as flawed as limited factors were observed in developing this Law. Ignores essential factors: technology,

A second board of directors with 5 to 15 senior members and a chairman. Aka executive board.

Run-rate cost for a mutual fund or unit trust. Charged against income. It covers directors’ remuneration, administrative and audit fees, and shared registration expenses. Generally tallies to 0.5 percent of assets under

Coordinating the functions of more than one department without direct operational responsibilities in this management position.

An independent variable one can alter to get a particular effect. For example, for a period of time to see how one’s weight changes in response, one can lower one’s calories intake,

To cover operations at their factory, a manufacturer will take out this liability insurance. A contractor will do the same to cover their construction or installation projects. Damage from explosion or subsidence

Industries making chemical, mechanical, physical material transformations, substances, and components into consumer and industrial goods. This is known to be an uncoordinated and highly competitive collection of industries.

Analytical technique that pre-plans in an experiment for a number of acceptable errors. The margin of error exists so that an individual can review results and then quantify the experiment’s level of

Consumer’s outlay change divided by the corresponding total quantity purchased change.