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.

Vertically aligned training tasks when skill levels are increased from low to high.

Adam Smith theory proposing that greater economic resources are used in international trade than through national trade.

Weight of a unit volume of vapor or gas that is divided by weight of an equal volume of air.

Replacing inventory where a supplier monitors stock or employees get stock information from customers.

Organizational structure where information passes from top levels of management down through the lower levels and little is passed back up. Also known as top down management.

Technique used to find relationship of items in a financial statement by expressing all amounts as a percent of the total. See horizontal analysis.

UK. Against in proceedings of criminal nature. US. Against in all proceedings.

Process where the authority privilege or right to interest or asset unconditionally passes to a body.

Method of preserving food where all air is removed.

Person harmed by criminal acts, attack target.

Sealed auction bid where successful bidder pays second top price. Also known as second bid auction, second price auction.

Process of cleaning metal using condensing solvent vapors.

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

Obligation rising from a parties relationship with each other. Also known as vicarious responsibility.

Temporary network of point to point connection over phone lines tailored to suit the needs of a customer. See virtual private network.

Community dispersed geographically but connected via the web community and internet. Also known as online or web community.