DefinitionAllodial title constitutes ownership of real property that is independent of any superior landlord. Allodial title is related to the concept of land held...
DefinitionThe term annual percentage rate of charge, corresponding sometimes to a nominal APR and sometimes to an effective APR, is the interest rate for...
DefinitionAbsenteeism is a habitual pattern of absence from a duty or obligation without good reason. Generally, absenteeism is unplanned absences. Absenteeism has been viewed...
DefinitionTotal absorption costing is a method of Accounting cost which entails the full cost of manufacturing or providing a service. TAC includes not just...
What is 'Absolute Beneficiary' A designation of a beneficiary that can not be changed without the written consent of that beneficiary. Also...
DefinitionAsset allocation is the rigorous implementation of an investment strategy that attempts to balance risk versus reward by adjusting the percentage of each asset...
What is 'Accelerated Reply Mail - ARM' An expedited delivery of business reply mail offered by the U.S. Postal Service. Reply mail...
What is 'Abatement Cost' A cost borne by many businesses for the removal and/or reduction of an undesirable item that they have...
What is 'Abeyance Order' An order that is temporarily placed on hold or held in suspension, due to prevailing circumstances, until it...
What is 'Abandonment Option' A clause granting parties the option of withdrawing from the contract before the fulfillment or completion of all...