Having more insurance protection than needed.

To issue in excessive quantity ; to issue iu excess of fixed legal limits. Thus, “overissued stock” of a private corporation is capital stock issued in excess of the amount […]

Liability acquired by a local government body in partly or fully financing programs or projects that fall under the jurisdiction of other government bodies.

Occurs when two insurance policies cover the same risk under the same circumstances . See OTHER INSURANCE CLAUSE .

Repetition of learning beyond the amount required to retain the information .

A company that can no longer manage its expenses, due to excessive costs.

The amount by which an insurer has exceeded its usual capacity (or has committed beyond its usual capacity).

Temporarily paying off all commercial debt creating extra swingline availability .

To survive; to live longer than another. Fiuch, Law, b. 1, c. 3, no. 58; 1 Leon. 1.

To place demands on a piece of equipment or a system that are in excess of its capacity, typically resulting in damage to equipment or system collapse.

1. Trading in a foreign market when the local market is closed. 2. The time between todays check-in time and tomorrows check-out time in hotels.

A delivery that is guaranteed to arrive at its destination the day after it ships.

The risk that a seller in a different time zone might not fulfil their obligation , which the buyer will only discover on the following trade day. The greater the […]

These are the interest rates charged by one bank to another for providing funds overnight.

A repurchase agreement updated daily as it expires every 24 hours.

An outer container that protects one or more inner containers.

left beyond a certain amount; the residue; the remainder of a thing. Lyon v. Tomkies, 1 Mees. & W. 003; Page v. Leapingwell, 18 Ves. 400.

A legal process that converts interest in one asset to interest in another.

In a resettlement , a clause which saves the powers of sale and leasing annexed to the estate for life created by the original settlemeut, when it is desired to […]

1. The income from commissions received by a sales manager, based on the total sales made by his or her subordinates. 2. The payment of fees by a seller to […]

This commission is paid to a primary agent for sales made by subagents in his or her territory. It may also refer to the amount owed to the owners of […]

a term used for passing a law that has already been turned down and not signed.

To supersede; annul; reject by subsequent action or decision. A judicial decision is said to be overruled when a later decision, rendered by the same court or by a superior […]

term that is applied to the rejection of a decision made by a lower court when the case is brought before a higher court.

1. A product (or print) run that exceeds orders for the finished articles. 2. A cost in excess of the budgeted amount.