When a representative acts as leader of the board. Refer to presiding directory, residing director, and nonexecutive director.

A site that attracts customers to the insured’s business. One of the four kinds of dependent properties covered under business income insurance.

Training an individual who may or may not use learned skills in a leadership position to be a leader. Teaching of how-to-lead qualities, communication, ability to motivate others, and management skills.

Ten underlying economic indicators as a composite index. Individually or combined, their trends predict changes in the economic cycle. Conference Board releases a report on this composite on or around the 20th

Spacing between lines of text as a vertical amount. .

Employing ‘lean thinking’, doing more with less, continues efforts to eliminate or reduce ‘muda’, Japanese for waste or any activity that consumes resources without adding value to design, manufacturing, distribution, or customer

Where it is inordinately difficult to identify or implement a best practice, this team is used instead.

Introducing a new brand or stimulating consumer interest in a product or family of products by selling selected products in a product family or assortment at less than their normal profit margins.

Collecting names and contact information about qualified sales prospects as a process. Intent is to contact these leads by the salespeople seeking sales orders. Direct response advertising and telemarketing are the biggest

Lessons expectations statement for a student. Allegedly provides the student a detailed description of what ability is gained when the instruction ends. To assist students on how to make practical use of

Refer to Long-term Equity Anticipation Security

Lease attachment or annex formally added. Lists and describes the item leased, required lease payments, and other terms applicable to the lease. The lease terms and conditions are fixed per the master

Website of various source of learning and training goods and services.

Tenant / renter / lessee-held real property on a fixed-term lease that returns to its freehold owner / lessor.

A lender, bank or leasing company has a lease agreement and arranges any financing required.

Every 4 years one extra day is added to the month of February. Increases the standard 365day year to 366 days. Necessary to synchronize the calendar and astronomical year. The leap year

As a reminder of the firm and/or good or service being sold, a salesperson gives the customer a gift.

Value calculated as: total premiums paid minus the end-of-year policy value minus dividends. Life insurance policy’s net cost.

In the revenue accounts of a company’s financial statements, list of liquid cash.

Subject matter expert’s formal presentation and a question-and-answer session that typically follows.