GROSS DOMESTIC PRODUCT (GDP)
Annual national value tally at market prices of overall output of goods and services. Non-US net income is excluded.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Annual national value tally at market prices of overall output of goods and services. Non-US net income is excluded.
Un-adjusted, total calculated operational revenue. Pre-expense deduction.
Insurance coverage for lost business gross earnings from insured condition damage. Excludes expenses stopped during damage recovery. Excludes un-contracted expenses.
Un-adjusted, under probate estate value; probate fees are a percentage of this value.
Production costs or cost of sales amount exceed by unadjusted, total sales revenue.
Un-depreciated, total invested value of business assets. This more accurately presents actual financial commitment to an asset with potential return by the firm.
Excludes unrentable space area from gross building area.
Lease type. The tenant. or lessee, is accountable only for a fixed fee or rent. The owner pays all other expenses, service fees, and taxes. Insurance, maintenance, and taxes are examples of
Maximum damage coverage for a specific risk.
(Sales revenue minus Cost of sales) divided by Sales revenue calculates this value.
Employee’s serious wrongdoing justifying instant dismissal.
Country’s total debt, both public and private.
Country’s total expenses, both public and private, excluding export expenses. Contrast Gross Domestic Product, which includes export expenses.
Psychological and physiological attempt to measure national happiness as a part of GDP (Gross Domestic Product). Bhutan’s former King Jigme Singye Wangchuck coined it in 1972. Techniques vary, but a widely used,
Total international income added to the gross domestic product (GDP) makes up this value. Government expenditures plus international assets generated income plus gross exports generated income minus gross import taxes minus indirect
National GDP plus overseas income from in-country companies’ foreign subsidiaries as well as nationals living out of the country.
A severe degree of negligence taken as reckless disregard. Blatant indifference to one’s legal duty, other’s safety, or their rights are examples. There is no specific legal definition, but if one drives
After being translated into US dollars, this is the international equities and convertible securities price value .
employee’s regular total earnings before any deductions are made. Allowances, overtime pay, commissions, bonuses, and salary comprise total earnings.
the normal life insurance premium the policy owner pays. Net premium plus expenses plus commissions comprise this value.
This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.