| Accelerated Depreciation |
A bookkeeping method that depreciates property faster in the early years of ownership. |
| A Loan Or "a" Paper |
a credit rating where the FICO score is 660 or above. There have been no late mortgage payments within a 12-month period. This is the best credit rating to have when entering into a new loan. |
| Arm |
Adjustable Rate Mortgage; a mortgage loan subject to changes in interest rates; when rates change, ARM monthly payments increase or decrease at intervals determined by the lender; the change in monthly payment amount, however, is usually subject to a cap. |
| Biologicals |
Usually a drug or vaccine made from a live product and used medically to diagnose, prevent, or treat a medical condition. For example, a flu or pneumonia shot. |
| Boutique Hospital |
A limited service hospital designed to provide one medical specialty such as orthopedic or cardiac care. |
| Biomedical Ethics |
A term used to describe philosophical questions involving morals, values and ethics in the provision of healthcare. |
| Cost Of Funds Index (cofi) |
One of the indexes that is used to determine interest rate changes for certain adjustable-rate mortgages. It represents the weighted-average cost of savings, borrowings, and advances of the financial institutions such as banks and savings & loans, in the 11th District of the Federal Home Loan Bank. |
| Cost-plus Contract |
A construction contract that determines the builder's profit based on a percentage of the cost of labor and materials. |
| Cost Of Occupancy |
Expenditures that are required to assume and maintain occupancy of a space. Such expenditures include rent and/or mortgage payments, and recurring costs, such as real estate taxes, repairs, operating expenses, and other outgoings directly resulting from the use of the property. |
| Dialysis Station |
A portion of the dialysis patient treatment area which accommodates the equipment necessary to provide a hemodialysis or peritoneal dialysis treatment. This station must have sufficient area to house a chair or bed, the dialysis equipment, and emergency equipment if needed. Provision for privacy is ordinarily supplied by drapes or screens. |
| Diethylstilbestrol (des) |
A drug given to pregnant women from the early 1940s until 1971 to help with common problems during pregnancy. The drug has been linked to cancer of the cervix or vagina in women whose mother took the drug while pregnant. |
| Digital Imaging And Communications In Medicine |
A standard for communicating images, such as x-rays, in a digitized form. This standard could become part of the HIPAA claim attachments standards. |
| Economic, Social, And Cultural Rights |
Rights that concern the production, development, and management of material for the necessities of life. These rights also include the right to preserve and develop one’s cultural identity, as well as rights that give people social and economic security, sometimes referred to as security-oriented rights. Examples of such rights include the rights to adequate education, food, shelter, and health care. |
| Eeoc |
The Equal Employment Opportunity Commission is a part of the federal government, responsible for investigating and hearing claims of workplace discrimination or harassment. Usually, an alleged victim of workplace discrimination or harassment is required to file a claim with the EEOC prior to initiating a private lawsuit. |
| Electoral College |
the name for the “indirect” process by which the people elect the president. The “electors” are determined by the number of representatives each state (including Washington, D.C.) has in the House of Representatives and Senate. In a presidential election year the “electors” meet in their respective state capitals on the first Monday after the second Wednesday to “vote” for the President. |
| Filing |
The initiation of a criminal case by formal submission to the court of a charging document, alleging that a named person has committed a specified criminal offense. |
| Fine |
The penalty imposed upon a convicted person by a court, requiring that he or she pay a specified sum of money to the court. |
| First Appearance |
An appearance before a magistrate during which the legality of the defendant's arrest is initially assessed and the defendant is informed of the charges on which he or she is being held. At this stage in the criminal justice process, bail may be set or pretrial release arranged. Also called initial appearance. |
| Garnishment |
A court order requiring an employer to withhold a certain percentage from an employee’s pay in order to settle a debt with a creditor. |
| Garnishment Of Wages |
Taking or seizing the amount owing pursuant to a child support order or other order, directly from the employee's wages. |
| Generalist |
An individual who possesses the capabilities to perform more than one diversified function, rather then specializing in or having responsibility for one specific function. |
| High-level Radioactive Waste (hlw) |
Waste generated in core fuel of a nuclear reactor, found at nuclear reactors or by nuclear fuel reprocessing; is a serious threat to anyone who comes near the waste without shielding. |
| Histology |
The study of the structure of cells and tissues; usually involves microscopic examination of tissue slices. |
| Home And Garden User Sector (or Market) |
Involves pesticides applied by homeowners to homes and gardens, including lawns; single and multiple unit housing. Does not include pesticides for home/garden applications by professional applicators. |
| Incorporate |
To obtain an official charter or articles of incorporation from the state for an organization, this may be a profit-making business, a professional business, such as a law office or medical office; or a non-profit entity which operates for charity. |
| Incorporator |
The person or entity that organizes a corporation and files its Articles of Incorporation. The incorporator can take corporate actions before directors and officers are appointed. |
| Indemnify |
To insure or secure someone against loss or damage. Also, to make reimbursement to one for a loss already incurred. |
| 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. |
| Joint Venture |
An enterprise entered into by two or more people for profit, for a limited purpose, such as purchase, improvement and sale or leasing of real estate. |
| 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. |
| 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. |
| Liability |
Legal responsibility. |
| Liberty |
The freedom to act. |
| Limited English Proficient (lep) |
Refers to students who are not fluent in English. As the Supreme Court and Congress have made clear, federal antidiscrimination law requires that schools must provide LEP students with the skills necessary to compete academically with their peers who are fluent in English. |
| Market Maker |
An individual or entity that stands ready to buy or sell financial instruments at all times. Market makers quote both a bid and an offer price to the market. Market makers provide liquidity to markets. They profit from the spread between bid and offer prices as well as from changes in market prices. Market makers adjust their bid or offer prices depending upon positions that they hold and/or upon their outlook for changes in prices. |
| Market Risk |
One of six risks defined by the Federal Reserve. The risk of an increase or decrease in the market value/price of a financial instrument. Market values for debt instruments are affected by actual and anticipated changes in prevailing interest rates. Market values for all financial instruments, except direct obligations of the U.S. Treasury, are affected by either actual or perceived changes in credit quality. Market risk includes reinvestment risk - that is, the risk that all or part of the principal may be received when interest rates are lower than when the security was originally purchased. In that case, the principal must be reinvested at a lower rate than that originally received. Sometimes called market value risk. |
| Market Thickness |
A term used to describe the characteristic of a secondary market for a financial instrument evidenced by more than a minimal amount of active daily trading. One of the requirements for readily marketable assets. |
| Newcomer |
An immigrant in the initial years after arrival; in this publication often used interchangeably with immigrant. |
| Newcomer Program |
In the public education system, a program that addresses the specific needs of recent immigrant students, most often at the middle and high school level, especially those with limited or interrupted schooling in their home countries. Major goals of newcomer programs are to acquire beginning English language skills along with core academic skills and to acculturate to the U.S. school system. |
| Nonimmigrant |
An alien who seeks temporary entry to the United States for a specific purpose. He or she must have a permanent residence abroad (for some classifications, this is not necessary) and qualify for the nonimmigrant classification sought. The classifications include: foreign government officials, visitors for business and for pleasure, aliens in transit through the United States, treaty traders and investors, foreign students, international representatives, temporary workers and trainees, representatives of foreign information media, exchange visitors, fiancé(e)s of U.S. citizens, intracompany transferees, religious workers, and some others. Most nonimmigrants can be accompanied by spouses and unmarried minor (or dependent) children. |
| Occupational Crime |
Any act punishable by law that is committed through opportunity created in the course of a legitimate occupation. |
| Offender |
An adult who has been convicted of a criminal offense. |
| Offense |
A violation of the criminal law. Also, in some jurisdictions, a minor crime, such as jaywalking, that is sometimes described as ticketable. |
| Population |
The total number of inhabitants of a geographic area or the total number of persons in a particular group (e.g., the number of persons engaged in a certain occupation). |
| Population At Need (evaluation) |
Units of potential targets that currently manifest a particular condition. (Rossi and Freeman, 1993) |
| Population At Risk |
Segment of population with significant probability of having or developing a particular condition. (Rossi and Freeman, 1993) |
| Qmb (qualified Medicare Beneficiary) |
Federal program administered by state Medicaid programs that helps people with Medicare who have low income pay their coinsurance, deductibles, and premiums. |
| Qualified Independent Contractor (qic) |
An independent entity with which Medicare contracts to handle the reconsideration level of an Original Medicare (Part A or Part B) appeal. |
| Quantity Limit |
A restriction used by private health plans and Medicare private drug plans that limits coverage of a particular drug to a specific amount (such as 30 pills a month each year). |
| Responsible Bidder |
A bidder whose reputation, past performance, and business and financial capabilities are such that the bidder would be judged by an appropriate authority as capable of satisfying an organization's needs for a specific contract. |
| Responsive Bid |
A bid that meets all bidding requirements. |
| Responsive Bidder |
A bidder whose bid does not vary from the specifications and terms set out in the invitation for bids. |
| Stockholders' Equity |
the sum of proceeds from the issuance of stock and retained earnings less amounts paid to repurchase common shares. |
| Stop Date |
Date on a term loan when the balloon payment is due. |
| Stop Notice |
A notice given to a lender that a subcontractor has not been paid. Unless bond is posted, the lender must withhold moneys due a prime contractor. |
| Triple-net Lease |
A net-net-net lease where, in addition to the stipulated rent, the lessee assumes payment of all expenses associated with the operation of the property. This includes both fixed expenses, such as taxes and insurance, and all operating expenses, including costs of maintenance and repair. In some cases, the triple-net tenant even pays the interest payments on the lessor's mortgage on the property leased. |
| Trademark |
(1) A word, slogan, design, picture, or other symbol used to identify and distinguish goods. (2) Any identifying symbol, including a word, design, or shape of a product or container, that qualifies for legal status as a trademark, service mark, collective mark, certification mark, trade name, or trade dress. Trademarks identify one seller’s goods and distinguish them from goods sold by others. They signify that all goods bearing the mark come from, or are controlled by, a single source and are of an equal level of quality. And they advertise, promote, and generally assist in selling goods. A trademark is in- fringed by another if the second use causes confusion of source, affiliation, connection, or sponsorship. |
| Trustee |
an agent of the court who manages the property of the debtor for the benefit of the creditors. The court appoints a trustee in most Chapter 7 cases and in Chapter 11 cases when it determines that the debtor's management should not remain in their control. This type of trustee should be distinguished from the U.S. Trustee, who plays an administrative role in all bankruptcy cases. |
| Unemployment Insurance (ui) |
Program that provides periodic payments to eligible workers who are unemployed and looking for work. It is
funded by payments made by employers through state and federal unemployment taxes and pays benefits as a matter of right and not based on need or income. UI pays a benefit amount that is based on the wages earned by the worker during a “base period,” usually the 12– to 18–month period before the worker became unemployed. |
| U.s. Citizen |
Any person, with the exception of the children of certain diplomats, who was born in the United States or its territories, certain persons born abroad whose parents are U.S. citizens who qualify for acquisition of citizenship, and NONCITIZENs who become citizens through NATURALIZATION. |
| U.s. Entry Visa |
Non-immigrant visas are granted to international visitors who can demonstrate that they intend to return to their home country after they complete their visit to the U.S. (The only exception is the H-1B classification which allows for intention to immigrate.) The visa is the multi-colored or blue stamp entered on a page of your passport at a U.S Embassy or Consulate abroad. It is used to allow you to enter the U.S. for a certain number of times (ranging from one to multiple - "M") until a particular date. |
| Visitation Credit |
The percentage applied to a child support calculation. It reflects the amount of time a child resides with the non-custodial parent. |
| Visitation Schedule |
A list of dates stating times each parent may see each child. |
| Visitation |
The right of a non-custodial parent to visit and spend time with his or her children. |
| Workers’ Compensation Jurisdiction |
Workers’ compensation system by which an employee with a work- related injury or occupational disease is provided medical treatment for the injury or disease and wage replacement benefits while incapacitated from regular work. The Connecticut workers’ compensation system covers most private and public sector employees in the state. However, some employees may be eligible to receive workers’ compensation benefits from the Connecticut system and another system simultaneously or, in some cases, eligible only to receive workers’ compensation benefits from another system. Other systems include the Jones Act, the Longshore and Harbor Workers’ Compensation Act, and the Federal Employees’ Workers’ Compensation System. |
| Wage Curve |
Depicts pay rates currently being paid for each job within a pay grade in relation with the rankings awarded to each job during the job evaluation process. |
| Weingarten Rule |
The U.S. Supreme Court upheld a decision by the Labor Board that employees have a right, protected by Section 7 of the National Labor Relations Act, to insist upon union representation during an investigatory interview by the employer, provided the employee "reasonably believes" the interview "might result in disciplinary action." This right arises from
Section 7's "guarantee of the right of employees to act in concert for mutual aid and protection." The right applies to unionized employees and is limited to situations where the employee specifically requests representation. The
employer is not legally required to advise the employee of this right, and it applies only to investigatory meetings. |
| X12n |
A subcommittee of X12 that defines EDI standards for the insurance industry, including health care insurance. |
| X12n/sptg4 |
The HIPAA Liaison Special Task Group of the Insurance Subcommittee (N) of X12. This group's responsibilities have been assumed by X12N/TG3/WG3. |
| X12n/tg1 |
The Property & Casualty Task Group (TG1) of the Insurance Subcommittee (N) of X12. |
| 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". |
| Yield Curve Twist |
A phrase used to describe changes in prevailing interest rates that change the shape/slope of the yield curve. For example, a small increase in short-term rates and a large increase in lon- term rates that occur at the same time. A manifestation of yield curve risk. |
| Yield Maintenance |
a prepayment premium that allows investors to attain the same yield as if the borrower made all scheduled mortgage payments until maturity. Yield maintenance premiums are designed to make investors indifferent to prepayments and to make refinancing unattractive and uneconomical to borrowers. |
| 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. |
| Zeros |
An informal name for szero coupon bonds |
