PRECAUTIONARY PRINCIPLE
A rule in environment management which states that if serious damage can be caused to the environment and/ or to the health of a human being, immediate steps should be taken in
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A rule in environment management which states that if serious damage can be caused to the environment and/ or to the health of a human being, immediate steps should be taken in
Those who have invested are liable to receive payment before others, though they can forego their shareholder privileges.
A requirement that states that any person who wishes to apply for an insurance license must complete an educational degree or course.
The account which states the total shares owned of a preferred account.
A proper analysis and identification of the information/ assumptions which form the basis of any plan. It is used to check if any changes need to be made.
A group of different personnel who are ready to provide treatment to members of the group for a preset fee. It is usually another option as compared to a HMO network, which
An initiative taken by the government in order to bring about an increase in the capital investment. This is done generally in poorly developed areas.
Booking a certain slot for a TV commercial, etc. in advance. It can be switched in case another advertiser decides to pay full money for a certain slot.
More dividends are paid out to shareholders as their value of stock increases.
An injunction granted before the trial has started, which states that the plaintiff will suffer extensive damage in case the injunction is not granted. Security must be posted with the court in
A technique in which brands try to sell their products at a higher price compared to the general market, in order to create a brand image.
The excess amount paid on the shares that are outstanding of the common stock, held by a company.
The evaluation of the value of a firm, before it is sold. Valuation is done by issuing new shares, and then multiplying the price to earnings ratio by the periodic earnings of
A notice issued in order to provide the exact date on which a premium will become payable.
A form which is used to pay the premium as a deposit when the term begins.
A legally binding agreement between a couple, stating how the assets would be divided if the marriage fails to last.
A conscious or subconscious mode of a person, which evaluates how they might act in a specified situation.
The total cost of a certain insurance.
A receipt given out to a policy holder, by the insurer or an agent on behalf of the insurer, which provides confirmation that payment has been received.
A situation in which the claim launched by the plaintiff hasn’t fully grown to become an actual claim.
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