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Definition of Terminate
Cease all legal obligations under a contract.
Assuris is a not for profit organization that protects Canadian policyholders in the event that their life insurance company should become insolvent. Their role is to protect policyholders by minimizing loss of benefits and ensuring a quick transfer of their policies to a solvent company where their benefits will continue to be honoured. Assuris is funded by the life insurance industry and endorsed by government. If you are a Canadian citizen or resident, and you purchased a product from a member life insurance company in Canada, you are protected by Assuris.
A business that has terminated with a loss to creditors.
When a firm's business is terminated, assets are sold, proceeds pay creditors and any leftovers
A repo with no definite term. The agreement is made on a day-to-day basis and either the
This is your payment for the cost of insurance. You may pay annually, semi-annually, quarterly or monthly. The least expensive method is annually. Using any of the other payment modes will cost you more money. For example, paying monthly will cost about 17% more. If you pay annually and terminate your coverage part way through the year, you may not receive a refund for the remaining months to the annual renewal date.
Project notes are issued by municipalities to finance federally sponsored programs in
The rate suggested in Financial Accounting Standard Board (FASB) 87 for discounting the
Additional pay due to an employee whose employment is
Key strategies a firm intends to pursue in carrying out its business plan.
Repetitive cycles of economic expansion and recession.
Fluctuations of GDP around its long-run trend, consisting of recession, trough, expansion, and peak.
The use of capital to create more money through the addition of fixed assets or through income producing vehicles.
a formal process for gathering and analyzing information and producing intelligence to meet decision making needs; requires information about
the process of combining information technology to create new and more effective
The risk that the cash flow of an issuer will be impaired because of adverse economic
an activity that is necessary for the operation of the business but for which a customer would not want to pay
Commercial Business Loan (Credit Insurance)
An agreement between a creditor and a borrower, where the creditor has loaned an amount to the borrower for business purposes.
The examination of failure incidents to identify components
a quality control cost associated with goods or
High-Risk Small Business
Firm viewed as being particularly subject to risk from an investors perspective.
Internet business model
a model that involves
operating risk (business risk)
Risk in firm’s operating income.
Political Business Cycle
A business cycle caused by policies undertaken to help a government be re-elected.
Real Business Cycle Theory
Belief that business cycles arise from real shocks to the economy, such as technology advances and natural resource discoveries, and have little to do with monetary policy.
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