A portion of any publication which is known to attract more attention as compared to other portions. Similarly, the pricing of the ‘preferred position’ is more than the standard charges.

The total amount of profit, that is taken from the preferred stock of the company. The preferred equity does not take in to account any profit brought in through other investments.

A term commonly used to describe a burglary that was caused at the premises of the insured party.

A clause which allows the present stock holders to gain preemption rights.

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 line of production established in industries, or manufacturing fields in order to check whether new processes used for manufacturing will be more efficient or not.

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 notice issued in order to provide the exact date on which a premium will become payable.

A situation in which the claim launched by the plaintiff hasn’t fully grown to become an actual claim.

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.

The Piscan document states that all debits must be equal to credits.

The act of making a charitable donation. It is from the Greek terminology, and bears the meaning ‘love of mankind’.

Costs that are incurred before income has been reported on the balance sheet.

A clause included in certain policies, which grants the beneficiary a refund on the face amount of their policy, including all of the premiums that they have paid so far.

A loan that is given by the insured party to the insurer.

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

The excess amount paid on the shares that are outstanding of the preferred stock, held by a company.

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 Phillips curve is a graphic depiction of the inversely proportional relationship that exists between the levels of unemployment, and the wages of a person. The main idea of the Phillips curve

Compounds that are usually inorganic, and contain a lot of phosphorus. Common applications of phosphate include detergents and fertilizers. Phosphates can harm the water, as it leads to excessive growth of algae.