VALIDATION
1. Assessing an action to determine it is complete, correct, implemented and delivering the correct outcome.2. Assessment of the degree that an instrument will measure accurately; technique opt test used to predict
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
1. Assessing an action to determine it is complete, correct, implemented and delivering the correct outcome.2. Assessment of the degree that an instrument will measure accurately; technique opt test used to predict
Largest loss to be possibly suffered to a portfolio over a period of time, say 10 days of a given level of probability.
Index of 1700 stocks traded on NASDAQ, AMEX and NYSE stock markets. Stocks are raked on projected price performance and volatility of behavior.
Law stating the insurer has to pay face value of policies on total loss of a building.
Debt security with floating interest rate adjusted regularly and redeemed when a rate changes. Also known as low floater, variable rate demand note, variable rate demand bond.
Private, semi-government or government company providing growth equity or start-up capital for venture showing promise of higher returns than market rates of interest.
Competitor collusion to fix the price or to control supply of certain services and goods.
Regular oscillation or periodic motion that will repeat after a definite interval.
Temporary network of point to point connection over phone lines tailored to suit the needs of a customer. See virtual private network.
Arrangement of all indicators of activities of a system or process are in plain view of everyone.
Contract meeting the following; Illegal from time made; violate fairness, law changes, performed fully. See, 7 Ways to Legally Void a Contract
Document confirming an action has occurred.
Low season of demand for a product.
Strategy of investment where securities are purchased regularly in increasing amounts when the market drops and decreases if it rises.
Applying value analysis to improve effectiveness and efficiency of business.
Accounting. An assets net worth calculated by an estimation of future value and value of disposal if it becomes impaired.
Policy for life insurance featuring variable and universal life insurance. Allows policy owners to have benefits of life insurance for beneficiaries while using life insurance as a tool of savings and investment.
Private investor offering capital to business ventures with promise. See adventure capitalist and angel investor.
Publication focused on one industry or business. See trade publications.
Obligation rising from a parties relationship with each other. Also known as vicarious responsibility.