Permissible Exposure Limit (pel)

Definition of "Permissible exposure limit (pel)"

Jeff Walker real estate agent

Written by

Jeff Walkerelite badge icon

Walker Realty

Standard set under the occupational safety and health act that sets allowable levels of worker exposure to such toxic substances as asbestos, certain chemicals, and radiation. In many cases workers must wear devices to determine their exposure to toxic workplace substances, and when the maximum is reached, they must be transferred to another workplace. Business firms that violate the standard can be fined.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Insurance Terms

Property insurance premium rate that is applicable to a single, particular piece of property. ...

Present value of a series of payments such that the first payment is due immediately, the second payment one period from hence, the third payment two periods hence, and so forth. The ...

Length of time required to amortize the excess expenses of acquiring a given group of life insurance policies. In acquiring a policy, a life insurance company may incur expenses (such as ...

Coverage that does not put a dollar value on a hull or cargo that is insured. A valued marine policy puts a specific value on the insured property. With unvalued property, the value is ...

Type of individual retirement account (IRA) allowed by the employee retirement income security act of 1974 (ERISA), in which contributions are paid into the bank's interest-bearing ...

Term life insurance, usually purchased at an airport by an airplane passenger. It provides a death payment to the passenger's beneficiary in the event of a fatal accident on one or more ...

Organization that develops and publishes educational material and administers national examinations in supervisory management, general insurance, claims, management, risk management, ...

Type of pension in which benefits may vary depending on the investment performance of the pension plan assets. Contributions are made to fund a target benefit, such as 35% of compensation, ...

Measure of policyholder interest in a variable annuity policy prior to the annuity date. This measure is similar to a unit in a mutual fund. ...

Popular Insurance Questions