Term that is used to describe loan or mortgage that is below prime.

A situation that arose in 2008 and affected the mortgage industry because borrowers were approved for loaned they couldn’t afford. Many lending institutions collapsed.

Financial bodies having the inclination to lent to consumers who don’t qualify for a traditional loan.

The number of tasks that are needed to accomplish a significant part or a stage in a process.

Contract describing benefits available to a person registered under a plan for health care.

After that refers to the situation that follows.

The land of insured property that is able to shift for a number of reasons.

Enterprise that is controlled by another by owning more than 50 % of voting stock. See affiliate.

An account describing activity of a business associated with a balance sheet account.

A web page that is hyper-linked to a main or home page.

Farming system providing a life style that is self sufficient for the family of the farmer. Their is little excess if any for marketing.

Money paid to employees travelling on the company’s business to cover all travel costs, meals, lodging and other expenses associated with travel.

Method auditors try to use in deterring costs that are based which liabilities and assets are used instead of the way they are categorized.

Term in the insurance industry for a person with a risk below average or impaired due to a dangerous hobby, health condition, disease history or living in unhealthy areas. Also called an

Being significant or large and having substance.

Legal principle where the reasonable and sincere attempt to carry out a contract is not successful.

Term at the start of a clause indicating authority is granted to alter the clause provisions in order to meet special requirements or situations.

Support of a claim or assentation by objective data or other proof of evidence.

The existence that is permanent or real and temporary or apparent.

Factors of a work setting that encourages common efforts to achieve organizational goals. Takes place of active leadership.