STEP-RATE PREMIUM
Increase in a premium at set points during the policy term.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Increase in a premium at set points during the policy term.
The alternate term for probabilistic inventory control.
Notification from account holder to the bank to stop a check being drawn on.
The plan diagram showing where cargo is located on a vessel. Also known as the stowage plan.
Process for developing a strategy by research into the business and its environment.
1. Ability to resist force or pressure. 2. Knowledge, skill, capital or an advantage over competition. See SWOT analysis.
An economy or organization wide recurring change created by factors like seasonal patterns and long term trends.
Secondary or junior contractor working with the main contractor.
An employee who is ranked below another employee in the office seniority or hierarchy.
Method auditors try to use in deterring costs that are based which liabilities and assets are used instead of the way they are categorized.
Amount of revenue that a not foot profit organization needs to keep to pay operating expenses.
Latin-with highest honor. Given to graduates with a high academic achievement. See magna cum laude and cum laude.
A majority of 75% or more of votes needed to approve decisions or changes in an organization.
An all encompassing turnkey contract such as for design-build-operate (DBO) arrangement.
Active surface agent allowing ‘wetting’ of a soiled surface and the suspension of greasy particles in a solution.
File arranged chronologically for storing documents waiting to be acted on or associated with unconcluded transactions. Also known as tickler file.
The investor seeking to profit from cycles of prices lasting from one day to many weeks. Compare to day trader; scalper.
A single line digital subscriber line, DSL, offering 2.3 Mbps of bandwidth in both directions over phone lines to a length of 10,000 feet with no repeaters. Also called High Speed digital
A mix of petroleum hydrocarbon gases with similar properties to natural gas. Called substitute natural gas.
A decision made whether or not to keep products that may be under valued.