NON-NEGOTIABLE INSTRUMENT
An instrument such as a document or a financial instrument that cannot be transferred between the holder and any other individual or institution.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
An instrument such as a document or a financial instrument that cannot be transferred between the holder and any other individual or institution.
Distributors at various stages of the same supply chain collude to alter the supply and thus the price of goods and services.
Costs such as initial investments, losses, moving expenses that are bound to occur only once in the usual course of operation for a business.
Cost that cannot be assigned to any task or function due to the lack of sufficient data for its assignment. As such, it assigned on an arbitary basis.
A evaluative rather a descriptive approach used to determine the degree of conformity to the standard norms or recommendations. For example, normative data is used to understand the underlying phenomenon rather than
When the amount available in the drawer’s account is less than the amount stated on the check, the bank reserves the right to return the check to the depositor. When this occurs,
When negotiations break down between the labor union and the employer, this notice is issued by the labor union to the relevant government authorities stating its intent to suspend all activities and
A material that possesses radioactive properties. Nuclear materials such as Uranium 233 or 235 are used to produce nuclear energy.
Lloyd’s insurance underwriting syndicate members who provide risk capital, and share in the syndicate’s profit and loss, but do not participate in the underwriting process. In proportion to the invested amount, each
A US organization that has international membership. Its purpose is establishing and updating fire protection and prevention safeguards. NFPA publishes National Fire Codes, standards, manuals, and recommended practices in a 16-volume set.
The shortest maturity or settlement dated future or option. Just after the nearby futures contract settles, the next futures contract is the next closest futures contract that settles. The most distant futures
Overall trends being perceived to be taking place in a particular market are the point of disagreement by at least two averages or indexes.
Legal principle preventing an entity from putting forth a defense based on a mistake caused by that entity’s negligence. For example, if a negligent entity causes a negotiable instrument’s misuse, as in
Future earnings’ value in current money a business or individual saves with a refund from a bond redemption prior to its maturity and a lower-cost bond reissuing.
Debt amount per citizen a government carries as a measure. Calculate as: (short-term debt plus long term debt minus cash minus other liquid assets) divided by the population. Government’s total debt levels
After investment expense and before income taxes, an insurer’s investments average interest amount earned.
In an accounting period net operating expenses exceed operating revenue as this amount. Excluded are extraordinary gains and losses, financial expenses like interest paid, and revenue like as interest earned.
Calculated as: total accounts receivable minus uncollectible accounts allowance as bad debt. Also known as the book value of accounts receivable.
A good without its container and/or packaging weighed: Actual, computed, or estimated weight. Net weight equals gross weight less tare weight.
multiple physician groups contracting with an HMO model. individuals not covered by the HMO can get care from these physician groups.