Insurance for businesses to cover a forged check.
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COMMERCIAL FORMS
An insuranc form protecting against risk.
COMMERCIAL FRUSTRATION
An event that could not be prevented or predicted. A contract allows one party to leave if such an event occurs without penalty.
COMMERCIAL GENERAL LIABILITY POLICY
An INSURANCE contract used by a firm seeking to cover RISK exposures to several LIABILITIES simultaneously, such as those arising from premises, products, contracts, contingencies, environmental damage, and FIDUCIARY breaches. […]
COMMERCIAL HEALTH INSURANCE
Insurance covering medical and disability costs. The benefits are renewed.
COMMERCIAL HEDGER
When a company buys futures contracts to get the best price in the future.
COMMERCIAL INSURANCE
Business insurance protecting against loss that cannot be predicted or prevented.
COMMERCIAL INSURANCE COMPANY
When private citizens own a company that sell insurance for profit.
COMMERCIAL INVESTMENT
When an investment is made by a forprofit company that buys or sells for cash.
COMMERCIAL INVOICE
A document needed for a customs agent to show the value of goods, duties, and taxes. It shows the buyer, seller, date, sale terms, amount, packaging, description , value, and […]
COMMERCIAL ITEM
1. a non real estate good that is traded during a business’s norma course. Refer to standard item. 2. an item that is not for sale yet but will be […]
COMMERCIAL LAW
A phrase used to designate the whole body of substantive jurisprudence applicable to the rights, intercourse , and relations of persons engaged in commerce, trade, or mercantile pursuits. It is […]
COMMERCIAL LEASE
When a landlord and business make a contract for a rental property . It is for businesses and commercial not residential use.
COMMERCIAL LETTER OF CREDIT
Also known in the US as documentary credit .
COMMERCIAL LINES
The insurance that businesses and comercial companies buy.
COMMERCIAL LINES MANUAL
A book made by an Insurance Services Office Inc. that gathers data on rates. It helps determine what a party will pay.
COMMERCIAL LOAD
The time commercials are aired in a hour.
COMMERCIAL LOAN
A loan given to a business not a customer. They are short term and given for needs of the company. The statements of the company are required to maintain the […]
COMMERCIAL MARK
In French law . A trade-mark is specially or purely the mark of the manufacturer or producer of the article, while a “commercial” mark is that of the dealer or […]
COMMERCIAL MORTGAGE LOAN
A longterm loan like a mortgage on a commercial property .
COMMERCIAL MULTIPLE PERIL POLICY
Insurance that covers two ways. First it covers multiple peril and than it covers general liability.
COMMERCIAL OFF THE SHELF (COTS)
An item that is available for sale to the public that has no additional maintenance over time.
COMMERCIAL OFF THE SHELF (COTS) SOFTWARE
Software made for a specific need that doesn’t require any modification once bought.
COMMERCIAL ORGANIZATION
A company with an asset that is made to create profit. Income left over is given to employees and shareholders. It can also be reinvested.
COMMERCIAL PACKAGE POLICY
Insurance that covers more than one risk.