the situation where a judge directs a jury to what the verdict should be.

An INSURER that writes INSURANCE policies through a direct selling process or an exclusive AGENCY arrangement , or a REINSURER that accepts ceded RISKS directly from other insurers rather than […]

1. The act of governing; management; superintendence. Also the bodyof persons (called “directors”) who are charged with the management and administrationof a corporation or institution .2. The charge or instruction […]

The RISK of loss arising from exposure to the direction of a reference ASSET or market. An investor holding a LONG POSITION experiences a loss if market prices fall and […]

An OPTION STRATEGY that seeks to take advantage of expected market direction rather than VOLATILITY to generate a profit. Common directional strategies include BULL SPREADS and BEAR SPREADS. See also […]

An individual acting as AGENT of the shareholders of a company. A director is responsible , along with other members of the BOARD OF DIRECTORS , for overseeing the activities […]

INSURANCE coverage designed to protect the interests of DIRECTORS and executives from possible losses arising from shareholder lawsuits (except those related to FRAUD).

An officer having the control, management, andsuperintendence of the United States mint and its branches. He is appointed by thepresident, by and with the advice and consent of the senate.

Persons appointed or elected according to law, authorized to manageand direct the affairs of a corporation or company. The whole of the directors collectivelyform the board of directors . BrandtGodwin […]

A provision in a statute, rule of procedure, or the like, is said to bedirectory when it is to be considered as a mere direction or instruction of no obligatoryforce, […]

the regulation or the law that states an action must be carried out.

Where, by the terms of a trust, the fund is directed to be vested in aparticular manner till the period arrives at which it is to be appropriated, this is […]

In Roman law. Officers who distributed ballots to the people, to be used In voting. Tayl. Civil Law, 192.

In canon law. Absolute bars to marriage, which would make It null ab initio.

A situation where a CENTRAL BANK or monetary authority does not adjust the nation

The price of a BOND inclusive of ACCRUED INTEREST . Most SECONDARY MARKET bond transactions are based on dirty prices. See also CLEAN PRICE , INVOICE PRICE.

Transferred COMMON STOCK that fails to convey good title to the new buyer as a result of errors or omissions in form or authorization .

The want of legal ability or capacity to exercise legal rights , eitherspecial or ordinary, or to do certain acts with proper legal effect or to enjoy certainprivileges or powers […]

an insurance policy that pays workers absent from work due to an injury or illness.

This an incapacity that a person is able to recover from.

an incapacity that totally prevents a person and continues to prevent them carrying out the duties of his job.

In Its ordinary sense, to disable Is to cause a disability, (q. v.)In the old language of pleading, to disable is to take advantage of one’s own oranother’s disability. Thus, […]

These are acts of parliament , restraining and regulating theexercise of a right or the power of alienation; the terra is specially applied to 1 Eliz. c.19, and similar acts […]

To deny a thing.

To repudiate; to revoke a consent once given ; to recall an affirmance.To refuse one’s subsequent sanction to a former act; to disclaim the intention of beingbound by an antecedeut […]