| Averbia |
A condition in which a person has trouble remembering only verbs. May be a symptom of traumatic brain injury caused by damage to the frontal cortex, near or in the Broca’s area. |
| Axonal Diffuse Injury |
An individual who suffers from a contusion may also experience a diffuse axonal injury, which happens when certain nerves in the brain tissue are damaged. Injury to these axon nerves may cause the victim to fall into a vegetative state and can cause death. |
| Ab Initio (ab Init) |
from the beginning. Can mean that breaking some terms in a long-running contract results in the contract having been broken from the start. |
| Business Judgment Rule |
The rule that shields directors from liability for mismanagement of the corporations that they serve. |
| Business Law |
Business law is the general field of law relating to business organizations, business structures, and business transactions. Also included in the business law field are issues related to real estate, tax, and the environment. Business law courses are available for non-lawyers at the college level. For law students, business law courses are very detailed and will allow the attorney to give competent business law advice as to what kind of business organization might be appropriate for a client and what course of action may be best in certain business transactions. |
| Business Plan |
A written document that describes a business, its objectives, strategies, market and financial forecast |
| Conveyance Tax |
A tax imposed on the transfer of real property. |
| Cloud On Title |
Any conditions revealed by a title search that adversely affect the title to real estate. Usually clouds on title cannot be removed except by deed, release, or court action. |
| Clta Policy |
A standard coverage title insurance policy protects real estate buyers in matters of record and specific risk. |
| Down Payment |
The part of the purchase price of a property that the buyer pays in cash and does not finance with a mortgage. |
| Down Spouts |
A vertical gutter that empties water from the roof to the ground. |
| Downzoning |
A change in zoning from a higher to a lower classification or from a more active to less active classification, such as from residential to conservation, or multifamily to single-family use. In these cases, there is no taking under eminent domain and thus no compensation paid to the affected landowner who helplessly sees the property reduce in value. |
| Earnest Money Deposit |
A deposit made by the potential home buyer to show that he or she is serious about buying the house. |
| Earnings Per Share (eps) |
a corporation's profit that is divided among each share of common stock. It is determined by taking the net earnings divided by the number of outstanding common stocks held. This is a way that a company reports profitability. |
| Earthquake Insurance |
A policy that provides coverage against damage to a home from an earthquake. |
| Full Payout Lease |
A lease in which the lessor recovers, through the lease payments, all costs incurred in the lease plus an acceptable rate of return without any reliance upon a future residual value. |
| Fund |
A fiscal and accounting entity with a self-balancing set of accounts in which cash and other financial resources, all related liabilities and residual equities, or balances, and charges therein, are recorded and segregated to carry on specific activities or attain certain objectives in accordance with special regulations, restrictions, or limitations. |
| Funded Status |
A term used to describe either the excess or shortfall of pension assets in relation to pension liabilities. When pension liabilities exceed the assets, the funded status is a shortfall. When a plan liquidation or termination is being analyzed, the funded status is calculated using the accumulated benefit obligation (ABO) as the liability value. When a plan's funded status is calculated to analyze the plan on a going concern basis, the projected benefit obligation (PBO) is used as the liability value. |
| Global Service |
A package of clinically related services treated as a unit for purposes of billing, coding, or payment. |
| Going Bare |
The colloquial term used to describe the choice of a provider not to be protected by malpractice or professional liability insurance. Many hospitals prohibit this practice by requiring medical staff members to carry insurance. |
| Governance |
The legal authority and responsibility for the public health system. (PHIP, 1996) |
| Help-line |
A help-line or hot-line is a secure telephone line that is connected to an ethics office or the office of an ombudsman. Employees use this tool to contact the ethics office or ombudsman to report a violation or receive advice on matters that concern them. A current best practice is that no call to a help-line is refused except for grievance matters under a labor–management bargaining agreement. |
| Handicapped Individual |
Based on the definition provided by the Rehabilitation Act of 1973, Section 504, an individual is "handicapped" if he or she has: a mental or physical impairment which substantially limits one or more of such person's major life activities; has a record of such;is regarded as having such impairment. The Americans with Disabilities Act of 1990 amended this definition to exclude individuals who are currently engaged in the use of illegal drugs. Individuals who are rehabilitated drug users or engaged in a supervised drug rehabilitation program and are no longer using drugs are also covered by the definition. The term “individual with handicaps” does not include any individual whose current use of alcohol prevents such an individual from performing the duties of the job in question or whose employment, by reason of such current alcohol abuse,would constitute a direct threat to property or the safety of others. |
| Health Savings Accounts (hsa) |
A tax-free account that can be used by employees to pay for qualified medical expenses. Contributions do not have to be spent the year they are deposited. Money in the account earns interest and accumulates tax free, so the funds can be used now and in the future. If an employee leaves the job, he or she can take the account with him or her and continue to use it to pay for qualified healthcare expenses. To be eligible for a Health Savings Account, an individual must be covered by a High Deductible Health Plan (HDHP), must not be covered by other health insurance (does not apply to specific injury insurance and accident, disability, dental care, vision care, long-term care), is not eligible for
Medicare and can’t be claimed as a dependent on someone else’s tax return. |
| Installment Premium |
A partial payment of premium made by a policyholder for coverage on a term policy. The Installment Premium is determined by dividing the estimated premium into smaller amounts at set intervals during the policy period. |
| Insurance |
The transfer of risk from one party (insured) to another party (insurer), in which the insurer promises to pay the insured (or others on behalf of the insured) an amount of money, or service, for losses sustained from an unexpected event, during a period of time for which the insured makes a premium payment to the insurer. |
| Insurance Commissioner |
The official of a state charged with the duty of enforcing its insurance laws. Also called the superintendent of insurance and director of insurance. |
| Joint Liability |
Liability imposed upon two or more persons. |
| Joint & Several Liability |
where parties act together in a contract as partners they have joint and several liability. In addition to all the partners being responsible together, each partner is also liable individually for the entire contract - so a creditor could recover a whole debt from any one of them individually, leaving that person to recover their shares from the rest of the partners. |
| Joint Tenancy |
A joint holding of property by two or more persons with agreement that upon the death of one, the full title to the estate shall remain with the survivor. |
| Kava |
Kava is an herb used in dietary supplements that are intended to help achieve relaxation and stress relief. Kava has been linked to an increased risk of liver toxicity. |
| Keratitis |
Inflammation of the cornea. |
| Kinesiology |
The branch of physiology that studies human movement. |
| Littoral Rights |
The rights of a landowner whose land borders a pond, lake or ocean shore-line where the body of water is non-flowing. Littoral rights extend to the mean high watermark of ocean or tidal waters. |
| Live-in Partnership |
An arrangement in which two unrelated people purchase a home. |
| Living Trust |
An arrangement in which a property owner (trustor) transfers assets to a trustee who assumes specified duties in managing the asset. After payment of operating expenses and trustee's fees, the income generated by the trust property is paid to or used for the benefit of the designated beneficiary. |
| Medical Protocols |
Medical protocols are the guidelines that physicians in the future may be required to follow in order to have an acceptable clinical outcome. The protocol would provide the caregiver with specific treatment options or steps when faced with a particular set of clinical symptoms or signs or laboratory data. Medical protocols would be designed through an accumulated database of clinical outcomes. |
| Medical Records Institute |
An organization that promotes the development and acceptance of electronic health care record systems. |
| Medical Review (cms) |
Contractor reviews of Medicare claims to ensure that the service was necessary and appropriate. |
| Numident (numi) |
SSA master file based on SSN; contains all names used by the number holder, mother and father’s names, date of birth, date of death, etc. |
| National Center For Veterans Statistics And Analysis (ncvas): |
The National Center for Veterans Analysis and Statistics (NCVAS) leads the effort to implement corporate data governance and corporate data management in VA. NCVAS also implements enterprise business intelligence tools and processes to support analysis and planning activities in VA, develops statistical analyses and reports on a broad range of topics, operates VA's data and statistics Web portal to disseminate Veteran data and statistics, and develops estimates and projections on Veteran populations. Finally, NCVAS leads interagency data-sharing collaborations with other Federal agencies, and conducts survey analyses and research including future iterations of the National Survey of Veterans. |
| National Guard |
A reserve military force composed of militias in each of the 50 states and U.S. territories. It is organized into two subcomponents, the Army National Guard and the Air National Guard. Guard units can be activated by state governors in response to natural disasters and other emergencies, as well as by the President in wartime or in response to crises of national significance, in which case the units come under federal control. |
| Office Of General Counsel (ogc) |
The part of SSA that, among other things, accepts service of process on the Commissioner of Social Security and handles litigation against the Social Security Administration. |
| Office Of The Inspector General (oig) |
Investigative department of SSA that handles all SSA investigations. OIG investigates allegations of fraud by beneficiaries and SSA employees. It also investigates and evaluates SSA programs. |
| Old-age, Survivor & Disability Insurance (oasdi) |
The Social Security programs that provide monthly cash benefits to wage earners and dependents when the wage earner retires, to surviving dependents, and to disabled worker beneficiaries and their dependents. |
| Prothonotary |
The name used in some states, (e.g., Pennsylvania) for the public official responsible for receiving and maintaining public notices of liens such as financing statements. Usually a county official. |
| Prudential Liquidity |
Liquidity held for liquidity contingency risk or as a safety cushion. Also called standby liquidity. |
| Ptd |
An acronym for payable-through-draft |
| Quality Improvement System For Managed Care (qismc) |
Guidelines established by the Federal government for quality assurance in Medicaid managed care plans. |
| Quality Improvement Team |
Usually an ad hoc team from multiple departments, typically managerial or professional members, whose purpose is to improve quality in a specific area. |
| Quality Of Care |
The degree to which patient care meets accepted principles and standards of practice. |
| Risk Withhold |
The portion of the monthly capitation payment to physicians withheld by the managed care plan until the end of the year or other time period to create an incentive for efficient care. If the physician exceeds utilization norms for other members of his group or geographic region, he or she loses the fund or part of it. The principal of the withhold fund may be applied to hospital services, specialty referrals, laboratory usage, etc. |
| Robert Wood Johnson Foundation (rwj) |
Largest and most important U.S. philanthropic organization concerned with health care issues. |
| Room And Board |
Residential option providing no direct health or personal care services. Also seefoster care, rest residential care, family rest residential care, and adult foster care. |
| Statute Of Frauds |
State law that requires certain contracts to be in writing and signed by the party to be charged (or held) to the agreement in order to be legally enforceable. |
| Statute Of Limitations |
That law pertaining to the period of time within which certain actions must be brought to court. The law is intended to protect the vigilant against stale claims by requiring the prompt assertion of claims; thus an action must be brought (i.e., the complaint filed) within a specified time of the occurrence of the cause of action. After the time period expires, the claim is said to be "outlawed" and may not be enforced in court. The theory behind the statute of limitations is that there must be some end to the possibility of litigation. It is said that stale witnesses and stale records produce little truth and result in accidental justice, if any. |
| Statutory Law |
The laws, rules and regulations enacted by legislatures and other governing bodies. |
| Test Of Long Range Close Actuarial Balance (cms) |
Summarized income rates and cost rates are calculated for each of 66 valuation periods within the full 75-year long-range projection period under the intermediate assumptions. The first of these periods consists of the next 10 years. Each succeeding period becomes longer by 1 year, culminating with the period consisting of the next 75 years. The long-range test is met if, for each of the 66 time periods, the actuarial balance is not less than zero or is negative by, at most, a specified percentage of the summarized cost rate for the same time period. The percentage allowed for a negative actuarial balance is 5 percent for the full 75-year period and is reduced uniformly for shorter periods, approaching zero as the duration of the time periods approaches the first 10 years. The criterion for meeting the test is less stringent for the longer periods in recognition of the greater uncertainty associated with estimates for more distant years. This test is applied to trust fund projections made under the intermediate assumptions. |
| Title Iii Services |
Services provided to individuals age 60 and older which are funded under Title III of the Older Americans Act. Include: congregate and home-delivered meals, supportive services (e.g., transportation, information and referral, legal assistance, and more), in-home services (e.g., homemaker services, personal care, chore services, and more), and health promotion/disease prevention services (e.g., health screenings, exercise programs, and more). (See also Older Americans Act.) |
| Transitional Care |
(Also called subacute care or post-acute care.) Type of short-term care provided by many long-term care facilities and hospitals which may include rehabilitation services, specialized care for certain conditions (such as stroke and diabetes) and/or post-surgical care and other services associated with the transition between the hospital and home. Residents on these units often have been hospitalized recently and typically have more complicated medical needs. The goal of subacute care is to discharge residents to their homes or to a lower level of care. |
| Uniform Set Of Health Services |
A broad range of health services including: (1) a comprehensive and affordable "Uniform Benefits Package" (see above) of personal health services delivered by competing certified health plans; (2) a variety of services provided through the public health system; and (3) health system support, such as clinical research and health personnel education. (PHIP, 1996) |
| Uninsured |
People who lack health insurance. |
| Uninsured Population |
An estimated 34 million Americans do not have health insurance. 56% are workers. 28% are children. 16.5% are non-working adults. 83% of workers have private health insurance. |
| Visa Waiver Program |
A program established by the Immigration Reform and Control Act of 1986, allowing citizens of certain countries on a reciprocal basis who wish to enter the United States under the nonimmigrant classes of visitors to do so without a visa, provided their stay does not exceed 90 days. |
| Vocational English As A Second Language (vesl) |
VESL programs focus on teaching English skills that are used in the workplace or in a particular occupation or vocational area. Many VESL programs also combine language education with instruction in job-specific skills. |
| Voluntary Departure |
The departure of an alien from the United States without an order of removal. This departure may or may not be preceded by a hearing in front of an immigration judge. Voluntary departure concedes removability, but does not bar the alien from seeking entry to the U.S. at a port of entry at any time. |
| Workers’ Compensation |
State laws enacted to provide workers with protection and income replacement benefits due to an illness or injury suffered on the job. Employers must carry appropriate workers’ compensation insurance, as required by state law,
or have a sufficient source of funding for claims incurred. |
| Work Hardening |
A program, typically lasting four to six weeks,that provides workers who were injured on the job and who have undergone physical or occupational therapy the strength to be able to resume normal work functions and therefore
getting them back to work. |
| Workforce Analysis |
A listing of each job title as the title appears in applicable collective bargaining agreements or payroll records ranked from the lowest paid to the highest paid within each department including department or unit supervision. For
each job title, the following information must be given: the total number of male and female employees; the total number of male and female employees who are Black (not Hispanic),Hispanic, American Indian/Alaskan Native and
Asian/Pacific Islander; and the wage rate or salary range. Workforce planning The assessment of curre |
| X12n/tg3/wg1 |
The Property & Casualty Work Group (WG1) of the Business Transaction Coordination and Modeling Task Group (TG3) of the Insurance Subcommittee (N) of X12. |
| X12n/tg3/wg2 |
The Healthcare Business & Information Modeling Work Group (WG2) of the Business Transaction Coordination and Modeling Task Group (TG3) of the Insurance Subcommittee (N) of X12. |
| X12n/tg3/wg3 |
The HIPAA Implementation Coordination Work Group (WG3) of the Business Transaction Coordination and Modeling Task Group (TG3) of the Insurance Subcommittee (N) of X12. This was formerly X12N/TG2/WG19 and X12N/SPTG4. |
| Ytm |
An acronym for Yield to Maturity |
| Youthful Offender |
A person, adjudicated in criminal court, who may be above the statutory age limit for juvniles but is below a specified upper age limit, for whom special correctional commitments and special record-sealing procedures are made available by statute. |
| Yield Capitalization |
A capitalization method used to convert future benefits to present value by discounting each future benefit at an appropriate yield rate or by developing an overall rate that reflects the investment's income pattern, value change, and yield rate. |
| Zooplankton |
Small, usually microscopic animals(such as protozoans), found in lakes and reservoirs. |
| Zero Coupon Bond |
A type of debt security that does not pay periodic interest. Zero coupon securities are bought and sold at prices that are less than the par value of the securities. The discount, or difference between the principal paid to purchase the security and the principal returned at maturity, constitutes the investor's return. |
| Zero-balance Account (zba) |
A cash management service offered by banks. A bank checking account that can accept deposits and/or make disbursements but that is always maintained at a zero balance. The zero balance is maintained by transferring just enough funds from or to a concentration account to offset each day’s activity. The concentration account is sometimes called the parent account and the zero-balance account is sometimes called the daughter or subsidiary account. |
