Category: M

Superseded by CAMELS rating since 1994. Older evaluation-soundness measure of a bank. Management, asset quality, capital adequacy, risk-management, and operating results are evaluated.

When the actual card is unavailable to the merchant, the merchant’s account provider charges a handling fee for credit card transactions. By-mail, by-phone, or by-Internet orders are that situation. Due to the

Only covers expenses from the time the insured is hospitalized is a policy that is essentially the same as major medical insurance.

Asking questions of shoppers in a mall will take place for the purpose of marketing research conducted as one type of interviewing.

Managing mutual funds, unit trusts, hotels, resorts, property development, and offshore companies for a management fee is what this organization does when retained by investors/owners. Providing services much like accounting, general administration,

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,

Direct material, direct labor, fabrication, manufacturing overhead, assembly, and end-item testing all comprise this type of cost.

To achieve the required efficiency level, this requirement must be fulfilled.

With all other factors remaining constant, this is the resulting output change from altering, by one unit, the labor input.

With all other factors remaining constant, this is an activity’s overall benefit increase caused by a unit’s activity level increase. Also known as marginal benefit.

To evaluate an insurer’s practices and operations, the state’s insurance department conducts this type of examination. The intent is to establish in that state the insurer’s authority and worthiness to practice its

A producer’s strategy of setting a high price for an exclusive, new high-end product. Some examples are a very expensive perfume or a uniquely differentiating technical product, like a one-of-a-kind software or

An identification consisting of letters, numbers, and/or symbols painted, printed, stamped, written, or otherwise affixed to cargo containers or packages. The shipper is responsible for marks. Any backfreight or overcarriage due to

Goods that many people, even most people, consume each and every day. Candy, diapers, milk, snacks, soft drinks, and toilet paper are a very short list of examples of products mass merchandised,

Subsequent copies are made from this one original document.

If known to the other party, a contract, deal, or transaction could have been aborted, or significantly altered by this deliberate hiding or falsification of a material fact.

Exists when the population birth rate equals the death rate, or is less.

After the expiration of a claims-made liability policy this is an extended period for reporting claims.

Dividing retail store activities into four major areas or departments as a management technique: (1) merchandising – responsible for buying and selling, (2) accounting and control, (3) store management, and (4) publicity.

Components, elements, or parts, and the associated energy and information flows enabling a machine, process, or system to achieve its intended result within this type of logical assembly.