AUTOMATIC REINSURANCE
Reinsurance that covers certain risks. Both parties must agree to this.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Reinsurance that covers certain risks. Both parties must agree to this.
When a share holder lets gain payments be used to pay for more stock.
1. to use an automated system to perform a function. 2. to act without thinking. Like a reflex.
A vehicle with four wheels and an engine. They move people and cargo around. Gasoline is the fuel for this transportation method. Some have electric or water run engines as well.
Coverage for an auto owner that has trouble getting insurance due to a bad driving record. It is more expensive than standard auto insurance.
The exhaust from engines that has carbon dioxide, cabon monoxide, lead, nitrogen oxide, hydrocarbons, and water. These pollutants are reduced by using unleaded fuel and catalytic converters.
When a vehicle is covered from damage by many possible sources.
When machines and operators can work together. The operator gives the machine a human touch. Both automatic and semi automatic processes make it easy for the operator.
A rule that it held by a private entity. It could be a corporation or a university.
An investment that interest rates and profit in the economic climate. If it succeeds the economy did not necessarily get better. Refer to induced investment.
When a machine is adjusted by the user with experience. It helps promote productivity.
A group of employees that work on the same project. Each member has great responsibility for their part of the project. The project succeeds if all parties perform their tasks correctly.
A rule that states a credit is not connected to any of its transactions. Refer to abstraction principle.
The idea that any living system can maintain stability despite any changes. It is self regulated.
When the data from a previous time period affect the next one.
When a shipment is made regularly with an automated payment. It helps with commission.
An extra item that is necessary for a machine to work.
1.when a resource is able to be used. 2. the percent a computer is usable. 3. the ability of any item to do its task whenever it needs to.
When decision makers choose based on a personal experience rather than facts. The reaction is emotional.
An asset that is ready for quick conversion into cash. This is done to meet an urgent need for cash flow.
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