NYMEX
An exchange for the trading of futures and options that are related to energy, palladium, etc. It is a subdivision of the New York Mercantile Exchange.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
An exchange for the trading of futures and options that are related to energy, palladium, etc. It is a subdivision of the New York Mercantile Exchange.
The determination of the policy rate for the insured who falls below standards. A value of 100 is assigned to an insured who meets standards stated on the policy. Depending on impairments
Something redundant, or that has no value, or effect, commonly used in the legal sense.
Refers to Unclassifiable insured usually on workers compensation rating manuals or liability manuals.
A ticket that prohibits monetary compensation when returned, but can be refunded for a fee.
The total sum of direct and indirect costs to the manufacturer on a product or service provided.
An operating system that utilizes objects in its user interface or programming language.
The ease of manipulation granted by this design method is possible through the representation of files and other operations as data structures.
1. Accounting: The goods or services that was purchased. 2. Modeling: The modeling arhitecture’s portrayal of a real world situation through a representation. 3. Programming: A program that consists of data and
An old slang term to refer to diabled individuals or the elderly who depend on the insurance and other funds that are sanctioned by the government. Social Security is the current term
The balance in the budget account that is unspent, but it is reserved for a previously allocated purpose.
A standard that is based on factual measurements, in the absence of a biased judgement or analysis. TLD Example: The use of a reasonable person standard to determine whether someone acted negligently
A theoretical concept that includes the observer and the measuring device as a part of the entire system or in the system definition.
The amount at which transactions such as order placements, buying and selling of goods take place.
The noncompliance with the legal system by interfering with (1) the law administration or procedures, (2) not fully disclosing information or falsifying statements, and (3) inflicting damage on an officer, juror or
Items that are replaced due to their fall in value or functionality as a result of the availability of cheaper and better stock. They are cleared through the use of significant discounts
Diseases or disorders to the health caused due to an involvement in a particular occupation. Reffered to as industrial disease, it causes cancers in workers in the chemical industry, and other such
The potential risks to life or functioning of an individual that is inherently associated with his occupation or work environment. Some of these hazards lead to the contraction of a disease or
Two or more trusts in sequence where each sequential trust is the beneficiary of the prior trust.
Employment suspension or termination with or without notice due to no fault of the employee. Lack of work, cash, or material can be the reason. Redundancy is a term for a permanent