In old English law . A fine for refusing military service, {mulcta detrcotuutis mil ilium.) Spelman.A fine imposed for murder committed In the army; an acquittance of such fine. Fleta,lib. […]
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FIRE
The effect of combustion. The Juridical meaning of the word does not differfrom the vernacular. 1 Pars. Mar. Law, 231, et seq.
FIRE AND ALLIED PERILS
The standard fire insuance that covers causes of loss and damage but has a higher premium. It is an extended standard policy of fire insurance
FIRE DEPARTMENT SERVICE CLAUSE
A rule in fire insurance that pays the insured for expense incurred by the fire department. This is a reimbursement after the insured has already paid the expenses.
FIRE INSURANCE POLICY
The fire insurance that covers a fire started for any reason with a higher premium.Some exceptions may be covered by additional insurance. It is extended to cover collateral damages as […]
FIRE LEGAL LIABILITY
Insurance for fire that spreads from another property due to negligence .
FIRE MAPS
A map of fire insurance written by insurers. It shows the covered risk area and helps avoid loss.
FIRE POINT
The temperature that liquid will become flammable for at least 5 seconds. The vapors ignite in this process. Refer to autoignition point and flash point.
FIRE RESISTANT
A material that is very hard to light on fire and will not fail. The fire will not get past a certain temperature for a certian amount of time. AKA […]
FIRE RETARDANT
A substance added to materials to prevent fire, delay fire, or reduce the combustion. AKA flame retardant.
FIRE SALE
Selling assets at a discount to get a quick sale and avoid disaster or settle debt. This is done a deep discount in case of emergency. The collateral is valued […]
FIRE, CASUALTY, AND SURETY (FC&S) BULLETINS
A bulletin from the National Underwriter company to show coverage and types of underwriting in each category.
FIREARM
This term is used to describe a weapon that acts from a gunpowder explosion.
FIREBUG
This term is given to a person sets fires deliberately, a pyromaniac and the committer of arson.
FIREFIGHTING
The short term fix for a problem instead of addressing it and solving it in a more long term fashion.
FIREFOX
An internet browser that is used on the world wide web. It was started by the Mozilla company in 2004. It is free and handles security issues in other browsers […]
FIREWALL
1. laws that make a bank seperate security underwriting from deposits or loan activities. The deposits are safe from being used in ventures so it complies with te US Glas […]
FIREWIRE
A connector that give high speed connections between a computer and its peripheral devices.It is external and was made by Apple Inc based on the IEEE 1394 high performance serial […]
FIRLOT
A Scotch measure of capacity, containing two gallons and a pint. Spelman.
FIRM
A partnership ; the group of persons constituting a partnership. The name ortitle under which the members of a partnership transact business.
FIRM ANOMALIES
The idea that a firm’s characteristics cause it to outperform the market. Anything different about the firm is considered a strong point for management.
FIRM COMMITMENT
A commitment that binds a party to an offer or act in a time period .
FIRM OFFER
A written and signed offer only valid during a period of time. If not date is listed than 30 days is assumed. AKA confirmed offer.
FIRM ORDER
A order that cannot be cancelled until a specific date. If nothing is listed than 30 days is assumed. AKA confirmed order.
FIRM QUOTATION
The price and conditions that won’t change for a time.It no date is listed than 30 days is assumed.