UNDERCUT
Offering goods or services at a deliberately set lower price than competition.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Offering goods or services at a deliberately set lower price than competition.
Representative of the group.
Person’s name appearing at the end of the document, subscriber.
Exposure to loss from inappropriate selection and approval of insurance risks.
Individual or group that consumes services and goods.
Sound waves that have a frequency above 20,000Hz and cannot be heard by humans.
Account holding income recognised to pay insurance premiums.
Person characterised by being overly ambitious, aggressive, competitive, impatient, driven, controlling with a sense of urgency. Quantity opt quality. See type B personality.
Thickness and stroke variations like bold, italics lending flexibility to appearance of type face.
Area located on the trading floor of an options and futures exchange. Contracts are sold and bought in a live cry out auction.
Prediction based on assuming trend variations will reoccur in the future and tomorrow will more or less be the same as today.
Funds in a temporary account until final allocation is made.
Transporter’s revenue unit equal to one ton of cargo moved one mile.
Price placed on the time a lender or investor must wait until loan or investment is totally recouped.
Difference between actual and standard rates for hours worked.
Joint annuity where the amounts received by beneficiaries increases as number of beneficiaries decrease. Also known as Last survivor annuity.
Now illegal but popular after the civil war.
A service or goods that are available at a certain time.
Highest ranking executives that are responsible for the total enterprise or business.
Metal that is lighter but stronger than steel, corrosion resistant and durable.