SPECIAL LIEN
A lien that includes the right to sell a property in default after giving notice and without getting a foreclosure.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A lien that includes the right to sell a property in default after giving notice and without getting a foreclosure.
An account for money where it can absorb the costs incurred by a capital loss.
A form that has been nearly replaced by Building and Personal Property Coverage Form and covers commercial risks for all perils.
An interest in property that has been appointed by the person donating.
An auditor certified document that measures how a company or business has complied with GAAP.
An endorsement where the endorsee is named and to whom a negotiable instrument is to be paid.
A risk acceptance that is not automatically accepted by a reinsurance contract.
An equation in math used to determine various predictions about a specific variable as it relates to other variables.
A situation that arises that will require a company to sell of some of its shares.
The statistical propensity of a data series to gravitate towards the center of a distribution, provided it starts on the either end of the distribution and is free to fluctuate.
A book containing original entries that is ditinct from a general journal that is used for recording only specific types of transactions that are repeated during the month.
Any specialised equipment that can be only be used for a specific purpose. Items like gauges, dies, molds, jigs, patterns.
A resolution that requires an important decision to alter terms of articles of association or memorandam of association. It requires no less than 21 days notice, no less than 3/4 of the
A form that was used to cover a commercial building against any perils. Now obselete and replaced by the Building and Personal Property Coverage form.
A meeting of share holders called in order to discuss a specific matter that has ben stated in the meeting notice.
A motor car policy not used any more.
A tax that is levied on properties in an area to provide for infrastructure such as street lighting and footpaths.
A term used in quality control for a cause in variation which is not part of a process but will arise from an intermittent, instabel and unoredictable factor.
The provisions in a contract that are specific to a project that is under consideration and don’t fall under any other general or supplementary conditions.
A standard US 2 paragraph report where the opening paragraph outlines what the auditor has completed and the following paragraph shows the findings from the audit.