Category: M

To write both property and casualty insurance the same insurer is legal under this specific type of state law.

A real estate brokers group have an arrangement in advance to give information about their listings to each other, and agree that sales commissions will be divided between listing and selling brokers on those listings.

A marketing organization of member brokers agree to co-own their listing agreements with each other to improve procuring more quickly than they could on their own ready, willing, and able buyers for their listings. Exclusive right-to-sell or exclusive agency listings are accepted from their member brokers by most multiple listing services.

A cell in lean production methods handles several different machines and operations by one trained employee.

At least three population generations are involved in this specific type of research or survey.

Three or more parties, agencies, or national governments agree with signatures. A bilateral agreement is only between two such parties.

Established in 1988 as a World Bank Group division, it was to encourage private foreign investors to direct investment in developing countries. Non-commercial risks mitigation insurance and investment guarantees is what MIGA provides. Non-commercial risks are imposed foreign exchange restrictions, conflicts or war outbreaks, and asset seizures. MIGA facilitates management and service contracts, franchising and licensing arrangements, and technology and know-how transfer. MIGA also advises governments on foreign investment policies and procedures, their design and implementation.

since 1947, eight cycles of multinational bargaining have been held under GATT (now WTO). As a continuation of the Uruguay round, the latest MTN was held during 1986-93 in Geneva.

Bundled insurance instrument to cover multiple similar risk exposures as one single insurance policy. It is more manageable for the involved insurers to use a single multiline contract for the overall risk portfolio, allowing insurance companies to cover a wide variety of exposures.

An insurance policy that covers more than one line.