Category: A

Coverage for airline passengers and pilots.

The amount the insured benefits available weekly.

A clause stating that a party is not insured if they are not on a scheduled regular flight.

The broadest marine coverage that pays partial or total loss. The amount is paid in full no matter the average.

1. A party given access to make security, financial, and operations decisions. 2. the hourly rate an employee is paid. Farmers do not pay this way. This becomes the benchmark pay per hour.

The amount charged for semiprivate rooms in hospitals.

When inventory is averaged using the beginning and ending stock numbers.

The time a company takes to pay creditors. This term also applies to debtors. The sales, days, and creditors are used to get this amount.

1. the time before a debt is to be paid. the figures are used to compare the best option. Refer to half life. AKA economic life.

When the assets of the previous year are compared to the current year. This gives an average amount of assets a company owns.