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Related Definitions
Straight deductible Straight deductible in an insurance contract by which the insured must pay a certain number of dollars of loss before the insurer is required
Straight life insurance Straight life insurance means whole life insurance in which premiums are paid until the insured’s death.
Straight extension Straight extension refers to introduce a product in a foreign market without any change in the product.
Straight product extension Straight product extension means marketing a product in a foreign market without any change. Top management tells its marketing people.
Straight rebuy Straight rebuy refers to a business buying situation in which the buyer routinely reorders something without any modifications.
Straight tip Straight tip is a type of one-price fiber-optic connector that pushes on yet makes strong and solid contract with emitters and sensors.
Straight-line method of amortization Straight-line method of amortization is a method of amortizing bond discount or bond premium that results in allocating the same amount to interest expense in each interest period.
Straight-line Under the straight-line method, companies expense the same amount of depreciation for each year of the asset’s useful life. It is measured solely by the passage of time.
Straight Piecework Straight Piecework is an incentive plan in which a person is paid a sum for each item he or she makes or sells, with a strict proportionality between results and rewards.
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