NEAR MISS
Possibly resulting from an event-sequence that did occur, but, due to prevailing conditions, a specific type of potentially significant event that almost occurred, yet did not.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Possibly resulting from an event-sequence that did occur, but, due to prevailing conditions, a specific type of potentially significant event that almost occurred, yet did not.
During a specific time period, more cash is going out as expenditure than is coming in as income. Does not necessarily indicate loss, just an timely imbalance. Temporary imbalance is often covered
Increasing or maintaining an improper response or behavior’s likely reoccurrence based on removing a challenge, penalty, stimulus, or reward.
A price bargained and set by the government and the product-maker to mitigate a cataclysm’s effect, causing conditions that cannot be remedied, such as extreme shortages of a necessary product or a
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.
Current assets minus current liabilities. Another name for working capital.
New policies written and renewed as a count minus policies lapsed or cancelled as a count. The insurer easily calculates to know the total periodic business the insurer has in force.
Business liabilities subtracted from business operating assets. Gives an accurate picture of the company’s value. Calculated as: Operating assets minus financing activities cost.
Premium amount minus appointed dividends. This term also refers to the non-participating policy rate found in a rate book.
Recognized revenue amount in a company’s preferred stock holdings. The revenue amount is based on how much calculated profit over a company share count holdings.
Computer network design. Mapping hardware, software, protocols, and devices. Outcome is successfully allowing different systems and devices to inter-communicate.
This specific term is for the recent economic transition to a dependency on technology, its advancement, and information exchange. Information technology (IT) increasingly connects this the new business environment. Industry-accepted to have
Any new company, especially one issuing an initial public offer (IPO), for example.
A point of causal intersection, link, relation, connection.
Inert gas. 78 percent of the Earth’s atmosphere by volume and about 77 percent by weight is nitrogen. Colorless, odorless, tasteless, and non-toxic, it maintains at these levels by the nitrogen cycle.
Named tolerance level over a human’s lifetime exposure, averaged as 70 years, in the human diet. From long-term toxicological studies, pesticide or other agricultural chemical’s impact is established. Also known as no
Official names, terms, or specialized vocabulary as a set or system, used in a specific area, discipline, or subject, like accounting, engineering, finance, or law. As an online dictionary, for example, this
When risk is covered by contracts rather than insurance.
When the french have longstanding business with a company they expect this form of loyalty.
The illegal short selling of securities that may not exist.
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