| Accessory Dwelling Unit (adu) |
A separate housing arrangement within a single-family home. The ADU is a complete living unit and includes a private kitchen and bath. |
| Accomodations |
Techniques and materials that allow individuals with LD to complete school or work tasks with greater ease and effectiveness. Examples include spellcheckers, tape recorders, and expanded time for completing assignments. |
| Activity-based Costing (abc) |
Activity-based costing defines costs in terms of an organization's processes or activities and determines costs associated with significant activities or events. ABC relies on the following three step process: Activity mapping, which involves mapping activities in an illustrated sequence; Activity analysis, which involves defining and assigning a time value to activities; and Bill of activities, which involves generating a cost for each main activity. (Canby, 1995) |
| Balloon Mortgage |
A mortgage loan with a balloon payment. Typically, the balloon payment is due 10 or 15 years after the loan is made. |
| Bill Of Lading (air, Ocean, Railroad, Truck) - "notify" |
“NOTIFY” - This phrase requires the carrier to notify a designed party upon arrival of the merchandise, but does not transfer title of the merchandise to that party. |
| Band Of Investment |
A method of determining a cap rate that blends the return or cash flow required by an equity investor with the return or interest rate required by the debt lender. Also called cash flow method. |
| Compensation |
The source of compensation does not determine agency. An agent does not necessarily represent the person who pays his or her commission. In fact, agency can exist even if no fee is involved (called a gratuitous agency). Buyers and sellers can agree, whichever way they choose, to compensate the broker, regardless of which is the agent's principal. For instance, a seller could agree to pay a commission to the buyer's agent. The written agency agreement should state how the agent is being compensated and explain all the alternatives available. |
| Compensatory Damages |
Monetary damages paid to compensate an injured party for a loss. |
| Competent |
A term for a buyer who is legally fit to enter into a sales contract. |
| Displaced Sales |
Sales that result from purchases made by customers who are not located in the subject service area (represents a revenue gain for retail establishments as sales are generated from consumers who reside outside the local trade area). |
| Display Ads |
Newspaper and magazine advertisements sold by the column inch. More elaborate than classified ads, display ads often include more extensive text, graphics and photographs. |
| Disposal |
The discharge, deposit, injection, dumping, spilling, leaking, or placing of any solid waste or hazardous waste into the environment (land, surface water, ground water, and air). |
| Equity |
the value of the debtor’s interest in property that remains after the liens and other creditor’s interests are considered. |
| Equity Security |
(A) share in a corporation, whether or not transferable or denominated "stock", or similar security; (B) interest of a limited partner in a limited partnership; or (C) warrant or right, other than a right to convert, to purchase, sell, or subscribe to a share, security, or interest of a kind specified in subparagraph (A) or (B) of this paragraph.
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| Exchange Offer |
an offer by an issuer of debt securities to exchange new securities with less onerous provisions for currently outstanding securities. Companies often make exchange offers in an attempt to avoid bankruptcy. |
| Full Psc Or Full Program Safeguard Contractor |
For the purposes of this umbrella SOW, a full PSC is one that performs all of the fundamental activities contained in Section 3, General Requirements, under a Task Order. |
| Fully Accredited |
Designation that all the elements within all the accreditation standards for which the accreditation organization has been approved by CMS have been surveyed and fully met or have otherwise been determined to be acceptable without significant adverse findings, recommendations, required actions or corrective actions. |
| Felony Disenfranchisement |
The practice of some states to disenfranchise - sometimes permanently - any citizen with a record of a felony conviction, namely voting privileges. |
| Geographic Adjustment Factor (gaf) |
The GAF for each service in a particular payment area is the average of the area's three geographic practice cost indexes weighted by the share of the service's total RVUs accounted for by the work, practice expense, and malpractice expense components of the Medicare Fee Schedule. See Geographic Practice Cost Index, Relative Value Units. (PPRC, 1996) |
| Geographic Factor |
A factor used to make geographic adjustments to the Medicare Fee Schedule or any other fee schedule. The term "geographic factor" is also used. |
| Geographic Multiplier |
A factor used to make geographic adjustments to the Medicare Fee Schedule or any other fee schedule. The term "geographic factor" is also used. |
| Health Care Clearinghouse |
A public or private entity that does either of the following (Entities, including but not limited to, billing services, repricing companies, community health management information systems or community health information systems, and value-added networks and switches are health care clearinghouses if they perform these functions): 1) Processes or facilitates the processing of information received from another entity in a nonstandard format or containing nonstandard data content into standard data elements or a standard transaction; 2) Receives a standard transaction from another entity and processes or facilitates the processing of information into nonstandard format or nonstandard data content for a receiving entity. |
| Health Care Quality Improvement Program |
HCQIP is a program, which supports the mission of CMS to assure health care security for beneficiaries. The mission of HCQIP is to promote the quality, effectiveness, and efficiency of services to Medicare beneficiaries by strengthening the community of those committed to improving quality, monitoring and improving quality of care, communicating with beneficiaries and health care providers, practitioners, and plans to promote informed health choices, protecting beneficiaries from poor care, and strengthening the infrastructure. |
| Health Insurance Portability And Accountability Act Of 1996 |
A Federal law that allows persons to qualify immediately for comparable health insurance coverage when they change their employment relationships. Title II, Subtitle F, of HIPAA gives HHS the authority to mandate the use of standards for the electronic exchange of health care data; to specify what medical and administrative code sets should be used within those standards; to require the use of national identification systems for health care patients, providers, payers (or plans), and employers (or sponsors); and to specify the types of measures required to protect the security and privacy of personally identifiable health care information. Also known as the Kennedy-Kassebaum Bill, the Kassebaum-Kennedy Bill, K2, or Public Law 104-191. |
| Image Consultanting |
The practice of counseling and advising individuals regarding items such as personal appearance, dress,manner of speaking or style. |
| Impairment |
A physical or mental condition resulting from injury or illness, which diminishes an individual’s faculties such as ability to hear, see, walk, talk, etc. |
| Impasse |
At a point in negotiations, usually at the final stages, when neither party will make further movement and no agreement has been reached, either party may declare that an "impasse" has occurred.
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| Judgment Notwithstanding The Verdict |
An order by the trial judge entering a judgment in a manner contradictory to the jury's verdict. This is granted only when the verdict is unreasonable and unsupportable. |
| Judgment |
A court's decision. |
| Judgment Proof |
A judgment debtor from whom collection cannot be made because the person has no assets or has concealed or removed property subject to execution. |
| Kickback |
Payment made to someone for referral of a customer or business. Unlike a commission, a kickback is made without the customer's knowledge; thus, the referral could have been made without the customer's best interest at heart. |
| Kiosk |
A kiosk is a freestanding structure (open sides, usually multi sided) located in a shopping center or mall from which merchandise is sold. A multi-sided structure found in a shopping mall or center. |
| Kit Home |
A structure that contains prefabricated components and is put together by a contractor. |
| Limited Liability Company (llc) |
Legal entity that is a special kind of corporation. A limited liability company offers shareholders the limitations on personal liability that are available to stockholders in C or S corporations. At the same time, limited liability companies are taxed very much like partnerships; that is, the income is allocated to the stockholders for tax purposes. Generally, limited liability companies offer owners the same advantages of the more familiar S corporations but have fewer restrictions. |
| Limited Partnership |
a partnership in which there is at least one partner who is passive and limits liability to the amount invested, and at least one partner whose liability extends beyond monetary investment. |
| Line Of Credit |
An amount of money, which a business can borrow against at times it needs capital. Often accessed by check, ATM, or business card. |
| Megapool |
FNMA MBSs created when older pools that have been reduced to small outstanding balances (i.e., low current face) as a result of cumulative prepayments are combined to create new securities with larger remaining balances. |
| Member Appraisal Institute (mai) |
A designation earned by qualifying commercial real estate appraisers. It is awarded by the Appraisal Institute. |
| Merchant |
Collective term applied to Web-based eTailers who may have online storefronts. |
| Notification |
In factoring, when an invoice is purchased from a client, the debtor on that invoice can be notified, and be asked to pay the factor directly. |
| Notional Principal |
The principal amount or face value of a derivative. Defined by the Financial Accounting Standards Board (FASB) in FAS 133 as the number of currency units, shares, bushels, pounds or other units specified in a derivatives contract. The notional amount is used to calculate the payments that are exchanged by the counterparties in the transaction. Market participants refer to notional principal because, unlike bonds or other conventional credit instruments, these types of derivatives do not involve an exchange of principal. Rather, the parties state the principal amount only as a basis for calculating the sizes of the interest related payments that they exchange. In this application, principal is only a reference point or idea - hence the term. Also called the notional principal balance. |
| Novation |
(1) The substitution of an existing debt with a newer debt; (2) An agreement to substitute an existing party to a contract with a new party. All of the original parties to the contract must agree to the substitution. |
| Osmosis |
The passage of a liquid from a weak solution to a more concentrate solution across a semipermeable membrane that allows passage of the solvent (water) but not the dissolved solids. This process tends to equalize the conditions on either side of the membrane. |
| Other Pesticide Chemicals |
Chemicals registered as pesticides but which are produced and marketed mostly for other purposes, i.e., multi-use chemicals. Notable examples are sulfur, petroleum products (e.g., kerosene, oils and distillates), salt and sulfuric acid. |
| Overdraft |
The pumping of water from a groundwater basin or aquifer in excess of the supply flowing into the basin: This pumping results in a depletion or "mining" of the groundwater in the basin. |
| Peo |
Professional Employer Organization |
| Paid Losses |
The actual amount of total losses paid by an insurance company. |
| Payment Plans |
The payment of premium in periodic installments. The payment periods are usually monthly. |
| Quality Assurance Reform Initiative (qari) |
Guidelines established by the Federal government for quality assurance in Medicaid managed care plans. |
| Quality Compass |
Quality assessment tool developed by the National Committee for Quality Assurance. |
| Quality Improvement |
A continuous process that identifies problems in health care delivery, examines solutions to those problems, and regularly monitors the solutions for improvement. |
| Resource Conservation And Recovery Act |
Federal law administered by the EPA which regulates the generation, processing and transportation of hazardous waste |
| Respondent |
1. The party who makes an answer to a bill or other proceeding. 2. The party who contends against an appeal. |
| Restraining Order |
An order that may issue from filing for an injunction. Though the term is sometimes used as a synonym of injunction, it is distinguished from an injunction in that it is intended only as a restraint upon a defendant until the granting of a temporary or perpetual injunction. |
| Spousal Rape |
Forcing a husband or wife to have sex. 25% of surveyed women and 8% of surveyed men said they were raped and/or physically assaulted by a current or former spouse, cohabitating partner, or date in their lifetime. |
| Spousal Support |
Payment for support of an ex-spouse (or a spouse while a divorce is pending) ordered by the court. |
| Spouse |
Husband or wife. |
| Third Party Originator |
Third-party originators prepare loan applications for borrowers and submit the applications to lenders. |
| Ti |
tenant improvements. |
| Ti Allowance From Owner |
Entry on the tenant’s Cash Flow Form. A specified amount of money the owner will pay for tenant improvement. |
| United States Court Of Appeals For Veterans Claims |
An independent Federal court that reviews appeals of BVA decisions. |
| Urgent Care |
Services received for an unexpected illness or injury that is not life threatening but requires immediate outpatient medical care that cannot be postponed. An urgent situation requires prompt medical attention to avoid complications and unnecessary suffering or severe pain, such as a high fever. |
| Unit Input Intensity Allowance |
The amount added to, or subtracted from, the hospital input price index to yield the PPS update factor. |
| Voting Right |
The right enjoyed by shareholders to vote their shares. |
| Vacation Buy-back Plan |
A program that allows an employee to sell back to the employer any unused vacation time balances. |
| Vacation Buying/selling/trading |
A program that allows employees to buy additional vacation time from another employee or sell additional time they may have available to another employee. Some programs also allow for trading of future vacation time. |
| Workout |
an arrangement, outside of bankruptcy, by a debtor and its creditors for payment or re-scheduling of payments of the debtor's obligations. Usually applies to an informal agreement between a business and its creditors, although it can be a formal agreement and it can also apply to consumer debtors. |
| Wage-earner Bankruptcy – |
(see Chapter 13 and personal bankruptcy) |
| Workout |
an arrangement, outside of bankruptcy, by a debtor and its creditors for payment or re-scheduling of payments of the debtor's obligations. Usually applies to an informal agreement between a business and its creditors, although it can be a formal agreement and it can also apply to consumer debtors. |
| X12 Ihcebi & Ihcebr |
The X12 Interactive Healthcare Eligibility & Benefits Inquiry (IHCEBI) and Response (IHCEBR) transactions. These are being combined and converted to UN/EDIFACT Version 5 syntax. |
| X12 Ihclme |
The X12 Interactive Healthcare Claim transaction. |
| X12 Standard |
The term currently used for any X12 standard that has been approved since the most recent release of X12 American National Standards. Since a full set of X12 American National Standards is only released about once every five years, it is the X12 standards that are most likely to be in active use. These standards were previously called Draft Standards for Trial Use. |
| Yield Curve Risk |
The risk to a holder of financial instruments that a change in prevailing interest rates will not affect the prices or yields of the same instruments in exactly equal amounts for each available term. For example, an increase in prevailing interest rates might raise 3-month U.S. Treasury yields by 100 basis points while 6-month U.S. Treasury yields go up by only 85 basis points. (In this example, the change to the yield curve would be described as flattening. If, instead, the 6-month rate had risen by more than the 3-month rate, the change in the yield curve would be described as steepening.) The risk of a nonparallel shift in the yield curve. One of the four primary components of interest rate risk. Sometimes called yield curve twist risk, twist risk, or rotation risk. |
| Yield Curve Slope |
Yield curves also describe the amount of difference between short-term and long-term rates. A yield curve that depicts the customary situation of long-term rates higher than short-term rates is called an upward sloping or positively sloped yield curve. A yield curve depicting the less common occurrence of short-term rates higher than long-term rates is called a downward sloping, negatively sloped, or inverted yield curve. When long-term rates are much higher than short-term rates, the yield curve is steep. When long-term rates are virtually the same as short-term rates, the yield curve is flat. |
| Yield Curve Smoothing |
Also called smoothing. The name for a set of alternative techniques for creating continuous yield curves by connecting the dots between observed. If, for example, we have observed rates for 1, 2, 3, 5 and 10 year maturities, smoothing is the technique used to infer rates for all maturities between those known points. The known points are called "knot points". The simplest smoothing technique is "linear smoothing". The most commonly used technique is "cubic splines". For forward rates, the most accurate method is called "maximum forward rate smoothing". |
| Zero-lot Lines |
Houses built without space between them and with little or no yard. |
| Zoning Ordinance |
An exercise of police power by a municipality to regulate and control the character and use of property. |
| Zoning Variance |
A one-time modification of existing zoning law. |
