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Related Definitions
Legal Separation Legal Separation is an option to stay married for those who can't live jointly anymore but wouldn't want to discontinue their marriages
Backward Integration Backward Integration refers to the process through which a corporation buys or joins with other companies that produce the raw materials it needs to make its final outcome.
Forward Integration Forward Integration is a strategic approach that entails a type of downhill vertical integration in which a firm owns and manages trade and commerce that are upstream of its industry's value chain...
Very large-scale integration (VLSI) Superchip circuitry, resulting from extremely compact transistors and circuits assembles on a single silicon chip; marked start of fifth
Segmentation base The individual or group characteristics that marketing managers use to divide a total market into segments; common bases are
Market segmentation approach Market segmentation approach is the division of the total market into segments, with a marketing mix directed to one of the segments.
Large-Scale Integrated (LSI) Circuit Large-Scale Integrated (LSI) Circuit is a superchip that contains thousands of small transistors: fourth-generation innovation that
Integrated circuit Integrated circuit is a small silicon chip containing dozens of tiny transistors and connections; used in third-generation computers.
Legal hazard Legal hazard allows characteristics of the legal system or regulatory environment that increase the frequency or severity of losses.
Legal reserve Legal reserve is a liability item on a life insurer’s balance sheet representing the redundant or excessive premiums paid under the level-premium method during the early years. Assets must be accumulated to offset the legal reserve liability. Purpose of the legal