Category: P

A news worthy item or story is made available through mass media to the public. Often stories that are meant to be a secret is often made available to the public. This

This is an annuity that makes periodic payments to the annuant and will only stop with the annuants death. The premiums are deemed to be fully earnt and paid. These are deemed

This is a type of trust that is for a purpose and objective that is specified in the trust papers. This under certain laws in certain places. This is under the jurisdiction

A penalty imposed on the borrower for the complete settlement of the loan before the expected payoff date. It is means of compensation for the lender as the potential interest income is

The treatment of wood with preservatives or fire-proof chemicals under the influence of pressure.

The reliance of the interviewer on first impressions which is used to judge the interview.

The industry that is involved in printing and distributing media through publications such as magazines and newspapers.

Long time customers of a financial institution are provided with priority banking. It includes advanced services such as payment of bills online, consultation on financial matters, free checking, etc. Nowadays, priority banking

A company whose shareholders are offered limited liability. However, ownership restrictions are strictly in place to avoid the hostile takeover attempt by any association or bylaws. The restrictions include (1) The sale

A tool for statistical analysis that is used estimate the chance that an event might re-occur, based on the analysis of past data.

The derivation of a solution by working through the details that are entailed in the problem. The employment of systematic or mathematical operations to derive the solution are used in problem and

A promotional campaign that aims to showcase the satisfaction guaranteed by a product according to the needs of the target customer.

Amalgation of two different professional (normally from different professional backgrounds) to offer services to public.

Seven major milestones through which each successful project undergoes, 1. Identification of pragmatic project notion. 2. transformation of the notion into appraisal 3. evaluation of different aspects of the project 4. Presentation:

The legal enforcement of a promise. Made by words or conduct to the promisee without the consideration of the detriment it may cause.

Insurance cover that is used to protect the property of another person from damage and injury. It is usually combined with a body injury liability policy.

This covers all knowledge that provides the advantage one firm has over another. It includes formulae, concepts, technical information and software codes that are protected under laws against misuse and being made

This is where an agents territory is protected so that another agent is unable to encroach on the said agents teritory or area. This is guranteeed by the franchisee or company principle

Also known as direct cause. The result of an direct action and cause of loss to property that sets in motion a chain of events that is unbroken and causes damage, injury

This person is an insurance adjuster who works for the person who pays the insurance premiums and not for the insurance company.