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Related Definitions
Personal Representative Personal Representative is a person or entity appointed to handle the assets of a person who has died. They are agents for the property's recipients and must operate...
Subjective Probability The possibility of something occurring solely from one person's perspective or opinion is referred to as Subjective Probability. It varies from individual to individual...
Waiver of Subrogation A Waiver of Subrogation is a contractual arrangement wherein one waives subrogation rights over someone else in the case of errors.
Protective Put Protective Put or Married Put is a risk analysis and management method that includes buying a put option through the use of a strike price similar...
Delivered Duty Paid (DDP) Shipping Delivered Duty Paid (DDP) Shipping refers to the costs and charges the seller must bear when the ordered products are delivered to the customer's hands.
Positive Pay Positive Pay is an automated system solution to manage cash and working capital that financial institutions like banks and insurance companies use to prevent check counterfeiting.
Living Trust Living Trust is a legal instrument or policy made during a person's lifetime that entrusts the management of that person's assets for the benefit of the ultimate beneficiary.
Dividend Stock Any stock that pays a dividend is referred to as Dividend Stock. A proportion of a company's profits that are distributed...
Cumulative frequency A Cumulative Frequency method of grouping the frequencies of the value of a set of variables by adding the frequencies...
Work motivation model Psychologist and consultant Frederick Herzberg’s explanation of motivation that defines hygiene factors and motivator factors, and