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Related Definitions
Severability Clauses Severability Clauses are contractual terms stating that every component of the agreement is separate from the others........
Time limit on certain defenses provision Time limit on certain defenses provision in an individual health insurance policy that prohibits the company from canceling the policy or denying a claim on the basis of a preexisting condition or misstatement in the application after the policy has been in force for
Causes-of-loss form Causes-of-loss form added to commercial property insurance policy that indicates the causes of loss that are covered. There are three causes-of-loss forms: basic,
Assessment mutual Assessment mutual is a mutual insurance company that has the right to assess policyholders for losses and expenses.
Assessed valuation Assessed valuation is the value assigned to property by a municipality for the purpose of tax assessment. Such an assessed valuation is important to investors in municipal bonds that are backed by property
Annual fund operating expenses Annual fund operating expenses refers for investment companies, the management fee and "other expenses," including the expenses for maintaining shareholder records, providing shareholders with financial statements, and providing custodial and accounting services. For
Possession Possession is the feeling of being taken over by some external force .A common symptom of psychosis in our culture and religious ecstasy in others.
Obsessive-compulsive neurosis Obsessive-compulsive neurosis is a neurosis in which an individual is not only obsessed by certain ideas but feels compelled to act on them often ritually and repetitively
Classification (Or Grading) Method Classes Classification (Or Grading) Method Classes is a method for categorizing jobs into groups.
Dividing jobs into classes based on a set of rules for each class, such as amount of independent judgment, skill, physical effort, and so forth, required for each class of jobs. Classes usually contain similar jobs--such as all secretaries.
Free-rein or lasses-faire leadership style Free-rein or lasses-faire leadership style means characterized by the leader permitting the subordinates to junction independently.