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Product development Product development
Product Design Product design is cross-functional, knowledge-intensive work that has become increasingly important in today's fast-paced, globally competitive environment. It is a key strategic activity in many firms because new products contribute significantly to sales revenue. When firms are... Read more
The Hoover Company The Hoover Company
The Hoover Company 101 East Maple StreetCanton, Ohio 44720U.S.A.Telephone: (330) 499-9200Fax: (330) 497-5808Web site: http://www.hoover.com Wholly Owned Division of Maytag Corporation Incorporated: 1910 as Hoover Suction Sweeper Co.Employees: 5,000NAIC: 335212 Household Vacuum Cleaner... Read more
insurance insurance
insurance or assurance, device for indemnifying or guaranteeing an individual against loss. Reimbursement is made from a fund to which many individuals exposed to the same risk have contributed certain specified amounts, called premiums. Payment for an individual loss, divided among many, does... Read more
rebate rebate
rebate partial refund of the total price paid for goods or services. In the United States, rebates were historically given by railroads to favored shippers as a return on transportation charges. The Elkins Act (1903), the Hepburn Act (1906), and the regulations of the Interstate Commerce... Read more
Lapse Lapse
LAPSE The termination or failure of a right or privilege because of a neglect to exercise that right or to perform some duty within a time limit, or because a specified contingency did not occur. The expiration of coverage under an insurance policy because of the insured's failure to pay the... Read more
Actuary Actuary
ACTUARY A statistician who computes insurance and pension rates and premiums on the basis of the experience of people sharing similar age and health characteristics. The profession also includes statisticians who provide expert data analysis on risk assessment and risk management for the... Read more
Liquidity Premium Liquidity Premium
Liquidity Premium BIBLIOGRAPHY Liquidity premium is the amount of monetary return that one would be willing to forgo for the convenience or security of disposing of an asset quickly and with minimal or no cost. The power of disposal of an asset is measured in terms of how easily it can be sold... Read more
Thorn Apple Valley Inc Thorn Apple Valley Inc
Thorn Apple Valley, Inc. 26999 Central Park, Suite 300Southfield, Michigan 48076U.S.A.(248) 213-1000Fax: (248) 213-1104Web site: http://www.tavi.com Public Company Incorporated: 1959 as Frederick Packing Company Employees: 4,274 Sales: $955.8 million (1997) Stock Exchanges: NASDAQSICs: 2011... Read more
Flexible Spending Account Flexible Spending Account
Flexible Spending Account (FSA) A flexible spending account (FSA) is a tax-deferred savings account established by an employer to help employees meet certain medical and dependent-care expenses that are not covered under the employer's insurance plan. Established under Section 125 of the Internal... Read more

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