1 of the 4 criteria for capitalization laid down by the US Financial Accounting Standards Board, FASB, to classify leases that can’t be cancelled.

Commercial form for businesses that have differing amounts of inventory or value during the year. Insurance is adjusted accordingly.

a rule in building contracts where an owner is entitled to the difference in value between built and what should have been built.

Stock that features high dividend yields and low P/E ratios, considered undervalued as it trades at lower prices.

Activities that are needed to design, produce, provide a service or product with information of materials and flows of worth.

Coherent set of values used by a person, society or organization as standard guiding behavior in situations.

the value of a property if the owner wanted to sell it to a buyer willing to buy it.

tax that is the difference between the cost of an asset and its fair market value . Also known as an ad valorum tax.

Accounting. An assets net worth calculated by an estimation of future value and value of disposal if it becomes impaired.

The estimate of how much a portfolio will lose at market risk . It measures shortcomings and uncertainty . Refer to back testing, maximum loss , and profit and loss […]

Agreement made by an insurance company to pay a pre-determined amount for a loss.

Investment company earning money from changing value of assets.

Records a shipment’s value for liable amounts from damage and losses.

Insurance that pays out an agreed upon amount if loss should occur. Commonly life insurance . Refer to indemnity contract .

Important part of an ecosystem, welfare of the environment , health of a person that cab at risk from behavior and natural events.

A policy Is called “valued,” when the parties, having agreed upon the value of the interest insured, in order to save the necessity of further proof have inserted the valuation […]

Law stating the insurer has to pay face value of policies on total loss of a building.

A person whose business is to appraise or set a value upon property.

Important ideal or belief shared be members about good and not about a culture. See value.

Proprietary psychographic consumer segmentation system classifying people into 8 groups based on lifestyle. 1. Actualizes, 2, Fulfillers, 3. Achievers, 4. Believers, 5. Strives, 6. Experiencers, 7. Makers, 8. Strugglers.

An obsolete title of dignity next to a peer. 2 Inst. 667; 2 Steph. Comm. 612. Vans est ilia potentia quae nunquam venit in actum. That power is vain [idle […]

Electromechanical or mechanical device that controls the flow of liquid, gas, slurry, dry loose material. 3 maintypes.1. Isolation, 2. Switching, 3, Control.

Mindless and malicious harm and injury to another’s property.

Peril included in insurance for owners of homes.

A standard financial transaction . They have the greatest liquidity and smallest spread.