Indicates serious and immediate health effects possible to any person exposed to a hazard even for a short period. Concentration level of an extremely hazardous substance in air.

A life insurance policy written for investors where the costs come from an insurance linked security.

To compensate for unpaid overtime, working days given as offdays.

Someone entitled to an asset’s use during one’s lifetime, named as a beneficiary

Research, lawmaking, and increasing public awareness as the means of an administration’s attempts to conserve human lives.

Procurement, production, life-cycle costing technique. Cost to buy, install, operate, maintain and upgrade, and waste during the asset’s economic life are tracked to determine the lowest cost of ownership of a fixed

Tally time-bound or over a full life span for a good, service, structure, or system of all recurring and onetime costs Cost to buy, install, operate, maintain, upgrade, as well as residual

Knowledge classification scheme for subject divisions, indicated by letters, and their subdivisions by numbers. Known as call numbers for books, and other material, as a part of a library’s systematic cataloging and

Cost accounting method of pricing manufactured goods based on the product’s total cost over its life cycle. A comparatively lower upfront cost occurs from this practice. Many contend that future product revenue

Contract between the entity buying the policy, as the insured or policy holder, and a life insurance company, as the insurer.

Upon untimely death of its policy holder, the insured, a financial intermediary as the insurer, shares the financial risk.

Per the mortality table being used as a reference, the average amount of years remaining in a person’s life.

The way one lives is called one’s lifestyle. It is comprised of how the entity copes with physical, psychological, social, and economic environments on a day-to-day basis. A way of living for

Short-term international interbank loans are charge this interest rate. This interest rate is applied to large loans ranging from one day up to five years between banks. Immediate liquidity borrowing from another

An business-building entity whose purpose is altering their and others’ personal lifestyles, not solely for profit. Success in this business reflects well the passion the entrepreneur has for what it is doing.

An entity holding a property as a life estate. Also known as tenant for life.

In one’s estimated 70-year lifetime, the exposure to a substance that one will get as a total value.

Improving an entity’s standard of living defined by a luxury good becoming a necessity. The improvement comes either as an income increase or lifestyle cost reduction. As an example, a family rents

Life-span projected Item. A set lifespan for an item, either as time, like 1,000 hours, or as usage, like 100,000 miles, stated by its manufacturer or vendor.

Political and philosophical principle and belief seeking to limit government involvement in civil economical and social matters. Issues need to be settled outside the courts. Its roots trace back to the early