The opposite of linear systems, it refers to the system whose external factors may be disruptive and non-additive. Non linear systems cannot be broken down into smaller parts and then put back

The process that involves the sale of a property, utilizing the power of sale in mortgage. However, most insurance companies require a judicial disclosure by the court before issuing a policy.

Methods that do not encompass the “generally accepted accounting policies”, to calculate the financial information about companies. The real value of the company is difficult to analyze due to a lack of

Bill of Lading that prohibits use of endorsement to transfer.

An asset whose monetary value is variable and depends on economic conditions.

A stock owner who gives authority to the brokerage through which he holds the stock, to diclose his details to the underlying company. The company is thus able to contact him regarding

Activities such as the insurance and maintenance of assets that are not directly involved in the operation of the business, but result in an additional expense for the firm.

An asset or investment such as interest income from a fixed deposit, that generates additional income for a business, but is not a part of the operation of the business.

Injuries that are sustained at work are not insured under this policy due to their coverage under the workers compensation.

An instrument such as a document or a financial instrument that cannot be transferred between the holder and any other individual or institution.

A rented, borrowed or leased vehicle that is used primarily for business.

Activities such as strikes, result in the incurrence of a no-operating loss for the firm, although they are not related to the firm’s business operations.

The profit realized from activities such as the sale of an asset, which is not related directly to the firm’s primary business operations.

The sale of preferred stock by the company is considered a ‘nonparticipating’ investment. The stockholder is eligible for dividend payments and the cost to initiate the fund, in addition to receiving the

The benefits received in the form of a reimbursement when a medical service is delivered by a nonparticipating medical provider.

A provider who is not contracted with a health plan, or one who is prohibited from participating in Medicare.

Income that is not derived from the operations of the business, but still received. It is examined independently from operating income as it does occur frequently. A one time occurrence such as

The price, that is non-inclusive of the monetary, which is incurred by the customer when he/she buys the product. This includes the time spent shopping and the value assigned to the risk

A pension plan that is under the sole ownership of the insured and cannot be lost.

1. Asset that is not eligible for conversion into cash within a year of the date of the balance sheet. 2. Capital goods such as machinery which are not expected to be