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Related Definitions
General aggregate limit General aggregate limit is in the commercial general liability policy, it is the maximum amount the insurer will pay for the sum of the following—damages under Coverage A and B, and medical expenses
General average General average is in ocean marine insurance, a loss incurred for the common good that is shared by all parties to the venture.
General damages General damages are an award for damages that cannot be specifically measured or itemized, such as compensation for pain and
General ledger systems General ledger systems generate the company’s income statements and balance sheets and are responsible for managing new and old accounts in the company.
Generalization Making a judgment about a whole category based on experience with a limited part of that category, i.e. a general principle of both science and living is called generalization.
General partner General partner is a partner having specific authority, specific operational responsibilities, and unlimited liability.
General-purpose Software General-purpose software refers to the software that is mass-produced for a broad range of common business applications such as word-processing ...
Adjutant general Adjutant general– adjutant of a unit having a general staff.
Generalized dividend model Generalized dividend model is the calculates that the price of stock is determined only by the present value of the dividends.
General Agreement on Tariffs and Trade (GATT) General Agreement on Tariffs and Trade (GATT) was the first international free trade agreement. It was established in 1948 as a 23-country...