A separate account kept under safe keeping with a bank.

An agent who reports to another agent and not directly to the company.

The broker who is an intermediary from whom another broker will acquire the reinsurance needing to be placed.

Latin-under a judge. A matter or case that is before a judge or court for determination.

Collecting parts together to be a unit that is used to make a larger item or a final item.

Reference to the IRS code permitting an investment company or a real estate investment trust , REIT,to avoid a double taxation .

Secondary or junior contractor working with the main contractor.

Segments or pockets of culture that have different norms, customs, values due to geographical difference or goals and requirements.

Individual responsible for dividing large land parcels into smaller plots for sale.

Piece of land that is divided into smaller plots.

Method of record management where documents are coded, classified and stored by subject matter.

1. Conditional or dependent on something. 2. Being under domination as of a authority or government subject to the whims of the boss.3. Exposed or open to undesirable or unfortunate criticism. 4.

An auditor has vouched for the acceptance of a firm’s financial statements.

Related to or based on beliefs, attitudes and opinions instead of verifiable evidence. In contrast to objective.

An error that is systemic and caused by the bias or prejudice of an individual.

The numeric measure of probability reflecting the degree to which a personal belief indicates the likelihood of it occurring.

Early 19th century legal concept where the existence of an agreement that was binding was determined the intention between parties.

Promotional messages sent to the recipient who is not aware of any messages.

A way of persuading listeners or viewers about a message that is subconsciously received.

A new business application that is turned into the insurer but has not yet ben declined or accepted.