Permanent Partial Disability

Definition of "Permanent partial disability"

Disability in which a wage earner is forever prevented from working at full physical capability because of injury or illness.

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Normal Retirement Age

Earliest age at which an employee can retire without a penalty reduction in pension benefits after h ...

Financial Accounting Standards Board (fasb)

Group that, with the exception of the government, establishes the standards for all financial accoun ...

Full Coverage

All insured losses paid in full. ...

Return Of Cash Value Clause

Provision in a life insurance policy that if an insured dies within a given period of time, the bene ...

Black List States

States that preclude the placement of surplus lines with particular insurance companies. ...

Adjustable Rate Mortgage (ARM)

A mortgage on which the interest rate can be changed by the lender. While ARM contracts in many coun ...

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