A noninterestbearing demand DEPOSIT placed by a customer with a BANK to compensate for LOANS or other services granted.

How a bank can use money to pay for a loan.

A plan that pays premiums to the insurance company. It is deposited into an account with the insured persons name. It can be withdrawn.

When switching jobs sometimes the pay is different than the current one. If a job is less enjoyable than the wages may be raised to compensate for that. AKA compensating […]

An error in accounting that is fixed by another error. They are hard to find. Sometimes they are done on purpose.

An aspect of a job that offsets a negative one.

Lat. In the civil law . Compensation , or set-off. A proceeding resembling a set-off in the common law, being a claim on the part of the defendant to have […]

(Set-off of crime or guilt.) In practice . The plea of recrimination in a suit for a divorce; that is. that the complainant is guilty of the same kind of […]

Indemnification; payment of damages; making amends; that which is necessary to restore an injured party to his former position. An act which a court orders to be done, or money […]

the case where a worker claims that his accident or illness is a result of his employment and is entitled to compensation money.

the name given to a claim in a compensation case .

A group that evaluates the pay and sets it for the senior level employees. The community might be involved. Goals, and awards might also be considered by a committee.

How the commission is decided by agents based on sales revenues. Refer to compenstation structure.

The structure of firms and its independent agents for commission payment distribution .

Compensatory damages are such as will compensate the injured party for the injury sustained, and nothing more; such as will simply make good or replace the loss caused by the […]

See DAMAGES

A short term loan the IMF advanced by the Compensatory and Contingency Financing Facility. The member can cover shortfall due to an unpredictable circumstance.

When an employee is chosen based on what they can do rather than what they can’t.

Getting time off rather than overtime pay.

Selling between two countries that doesn’t involve money but goods. AKA countertrade.

In the Roman law. The adjournment of a cause, In order to hear the parties or their advocates a second time; a second hearing of the parties to a cause. […]

In the civil law . A judicial inquest made by delegates or commissioners to find out and relate the truth of a cause.

In practice . A plea in an action of debt on a bail bond that the defendant appeared at the day required.

1. related skills and knowledge a person has to do a job. 2. the person’s ability to understand and react. It is settled by a judge. AKA legal capacity .

In the law of evidence . The presence of those characteristics, or the absence of those disabilities, which render a witness legally fit and qualified to give testimony in a […]