society, whereof a list was made. Hence those who are admitted to a college or uni- versity are said to be “matriculated.” Also a kind of almshouse, which had revenues […]

Fr. In spite of; against the will of. Litt. S 672. MAUNDY THURSDAY 767 MEANDER

The day preceding Good Friday, on which princes gave alms.

After the expiration of a claims-made liability policy this is an extended period for reporting claims.

An established principle or proposition . A principle of law universally admitted, as being a correct statement of the law, or as agreeable to natural reason. Coke defines a maxim […]

With no regard to cost or expense this is choosing the path with the best or highest expected outcome. By contrast, optimization is selecting the most cost-effective alternative . Also […]

term used for the rules and principles that have been accepted and recognised as they are reasonable and fair.

Environment ‘s toxic substance concentrations range starting at ‘no observable adverse effect level’ and limiting at the ‘lowest observable adverse effect level’.

The cost of a generic whose reimbursement value is based on a list of prescriptions.

Certain water delivered contaminants in a user’s public drinking water supply has this limited highest allowable concentration .

With stated limits for each claim allowing multiple claims for multiple different disabilities, this is a specific type of disability income insurance.

Highest allowable chemical- concentration in a period-limited worker exposure. Some chemicals have short reference periods. MEL is usually expressed for an 8-hour reference period in parts-per-million (ppm).

The worse case scenario used to calculate risk.

A never-to-be-exceeded inventory. One method of inventory control is calculating maximum inventory level .

Under conditions of uncertainty this is a decision making rule in decision theory . It states that the decision maker Ignoring all possible events save the one most likely to […]

A borrower’s secured loan ‘s highest dollar limit. Set by the lender according to the purpose of securing the loan as well as various factors related to the borrower. The […]

The loss a firm would incur by not diversifying.

Without triggering a trading halt this is the largest amount a futures contract can move in a single trading session . Individual commodities and financial instruments have varied maximum price […]

A loss calculation applied to a risk event.

The maximum amount the insured will be required to pay under a retrospective rating plan.

Without significant impairment or adverse effect other than carcinogenicity, an animal specie can tolerate for a major part of its life span this specific highest dose of a chemical or […]

In criminal law . The act of unlawfully and violently depriving another of the use of such of his members as may render him less able, in fighting, either to […]

Maimed. This is a term of art which cannot be supplied in pleading by any other word, as mutilavit, truneavit, etc. 3 Thorn. Co. Litt. 548; Com. v. Newell, 7 […]

Fr. A hand; handwriting . Britt C. 28.

Fr. A work of the hand; a thing produced by manual labor . Yearb. M. 4 Edw. III. 38.