Unqualified Opinion An Unqualified Opinion is an opinion that accountants provide after evaluating financial disclosures to ensure no significant misstatements. The reports are produced and presented...
Modified Gross Lease Modified Gross Lease is a property investment arrangement where the tenant pays monthly payment at the start of the lease and assumes a considerable portion...
Unified tax credit Unified tax credit is a tax credit that can be used to reduce the amount of the federal estate or gift tax.
Unsatisfied judgment fund Unsatisfied judgment fund established by a small number of states to compensate accident victims who have exhausted all other means of
Simplified Employee Pension (SEP) Simplified Employee Pension (SEP) is an employer sponsored individual retirement account that meets certain requirements. Paper work is reduced for employers who wish to cover employees in a
Specified (dread) disease policy Specified (dread) disease policy is a limited policy that covers only certain diseases listed in the policy, such as cancer, multiple sclerosis, or muscular dystrophy. Specified (dread) disease policy also called a
Modified no-fault plan Modified no-fault plan is an injured person has the right to sue a negligent driver only if the bodily injury claim exceeds the dollar or
Modified prior-approval law Modified prior-approval law is a state rating law where rate changes are based solely on loss experience; the rates must be fi led with the state insurance department and can be used immediately. However, if
Modified life policy Modified life policy means whole life policy for which premiums are reduced for the first three to five years and are higher thereafter.
Certified Financial Planner (CFP) Certified Financial Planner (CFP) is a professional who has attained a high degree of technical competency in financial planning and has passed a series of
Definition
[ interj.]