preliminary term
life insurance accounting method that does not require any terminal reserve for a policy at the end of the first year. First-year policy acquisition expenses, such as agent commission, medical examination , and premium tax , are often too large to leave enough of the end-of-the-year premium for addition to the premium reserve required under state full valuation reserve standards. In order to avoid taking the difference between the amount of the premium remaining and the required addition to reserves out of the insurance company's surplus account , the full preliminary term reserve valuation method is sometimes used. This leaves more of the premium available to cover acquisition cost and first-year claims.
It is deffered cost
1. A preliminary statement, especially the introduction to a formal document that serves to explain its purpose. Source: Answers.com
The title page is part of the preliminary pages of a business report. Other pages included in the preliminary pages include the list of tables and figures, and the contents page.
A preliminary interview is a way for a boss to get to know a person and can gauge whether they will be a good fit for a company. The preliminary interview may discuss education qualifications and give a person to ask questions about the job.
Cost-effective is the principal of going for the lowest cost.
Preliminary expenses are any cost incurred when starting a company. The cost of the location, hiring employees, and fees for an attorney are considered preliminary expenses.
It is deffered cost
A waiver of preliminary hearing means that it has been decided, or agreed, that no preliminary hearing is needed and so none will be held.
Granting a preliminary injunction means that a court temporarily orders a party to cease certain actions until a final decision is made in the case. This is done to prevent immediate harm or maintain the status quo until the legal process can be completed. It is not a final determination of the case's outcome.
THC positive.
Preliminary hypothesis is an educated guess made before any experiment is done. A hypothesis is an unproven theory or statement.
A premininary trial is done before hand to show the effectiveness of a method.
It is the preliminary steps taken prior to some activity.
Preliminary stage means that a task is in a preparatory phase or in simple terms still a work in progress.
In preliminary interview the applicant is given the job details enabling him to decide whether the job will suit him.
Une avant in French literally means "a preliminary" in English.
To make a preliminary inspection of, especially in order to gather military information.