6 Results for Tag: lost

Abandonment Clause

Abandonment Clause What is 'Abandonment Clause' A clause in a property insurance contract that, under certain circumstances, permits the property owner to abandon lost or damaged property

Sacrifice Ratio

Sacrifice Ratio What is the 'Sacrifice Ratio' The sacrifice ratio is an economic ratio that measures the costs associated with slowing down economic output to change inflationary trends. T

Deadweight Loss

DefinitionA deadweight loss, also known as excess burden or allocative inefficiency, is a loss of economic efficiency that can occur when equilibrium for a good or a service is not achieved.

Dead Presidents

Dead Presidents What is 'Dead Presidents' Slang referring to U.S. paper currency. Dead presidents can refer to any unit of currency, but most often refers to George Washington, whose pictu

Uncollected Funds

Uncollected Funds What is 'Uncollected Funds' The amount of a bank deposit that comes from checks that have yet to be cleared by the bank from which the checks are drawn. Essentially, unco


ZZZZ Best What was the 'ZZZZ Best' ZZZZ Best is a bankrupt company that was owned by Barry Minkow in the 1980s. Using forgery and theft, Minkow and his associates appeared to be building a