Combining DBMS with expert systems software. It is used when special knowledge is needed to use it and information is shared or scattered. AKA base management system.

Testimony related to a professional or scientific subject. It is based on training and experience in a subject area. The expert must give their opinion to aid the court in a decision

The way the end date is noted on a contract. It is used to remind the agent of policies that need renewal.

The note about expiration dates that agents use to keep track of policy dates.

When a contract ends that was active between parties.

An appropriation where no new contract can be done but is used to settle existing obligations.

An expense for revenue in a period of time when benefits are also received. If a business gets all benefits from a cost it is an expired cost.

Ending term life insurance policy when the coverage period is over.

Commentary that is made to clear up a subject to make linkages clear in a concept. Refer to definition and description.

An expense that is both contractual and definite. It can be rent or wages for example. They are recognized for recording.

Knowledge that is recorded and expressed. It is easy to share and store. It can be in books or on the internet. It is the opposite of tacit knowledge.

An illustration of an item that is not assembled so that all parts are visible.

1.how a plan is broken down into its smaller parts for subplans. 2. expressing something in a chart to clarify its subparts.

A BULL SPREAD or BEAR SPREAD that generates a payoff once the two STRIKE PRICES defining the SPREAD are breached i.e., the spread

A rule in the terms of an offer for a start up venture. It has a date it must be accepted by or the offer is null and void. They add pressure

When materials used to make something are broked down to each component. Once used its off a materials list.

When a research investigates a problem. It gives details where little information is available. Many methods are used to do this.

Insurance for property loss due to explosion. It doesn’t cover boilers or pressurized instruments.

Increasing number or size at a constant rate. It is a possible result of the reinforcing feedback loop. It causes population or system growth.

The moving average for the prices of a security or index over a certain period of time. It focuses on recent data to predict the current trend. A 12-26 day period is