Being legally able to complete a requirement.

Any agreement offered in the take it or leave it basis.

An organizations management style that doesn’t plan ahead, responding to only urgent situations, and focuses on fire fighting. This is the way the company sets their goals. Refer to adhocracy.

The style of an organization that is flexible and can respond to change better. Refer to adhocism.

Rooms in a hotel that have no connecting passages but are next to each other.

A measure of the number of years it takes for an investor to recover the initial CONVERSION PREMIUM paid when purchasing a CONVERTIBLE BOND, after accounting for the fact that the investor

How much a real estate company has available to it. It uses operation funds, amortized funds, rent, and revenue. AKA cash available for distribution or CAD.

Also known as an adjustor, an employee of an insurance firm who examines a specific claim to determine the cost to the firm.

A policy that affords a living to the inheritor in the event of the death of the insured until the inheritor can maintain a living on their own.

A request to parliament for a rider attached to a bill changing the amount of money set aside for a yearly budget.

The administration office in an organization. Some employees think its negative due to the unimportant decisions made there.

A bond bought to cover costs or managing an estate for a third party.

The relationships that are in an organization that keep it going from the CEO to the floor worker.

An order issued to a party to correct a wrong done or to stop a current harmful activity.

Any document that is related to day to day business transactions.

When a property is given to the next of kin by way of a deed to the property. The holder of the deed owns the property.

Allowing another party to enter an agreement. Or acknowledging the truth of a statement of evidence.

An INSURANCE contract written by an ADMITTED INSURER that is authorized to do business in the state or jurisdiction where the policy is issued. See also NONADMITTED INSURANCE.

Refer to asymmetrical digital subscriber line.

How any non solid substance attaches to a solid substance but does not penetrate it fully.