Circuit Breaker

Definition of "Circuit breaker"

Device that cuts off an electric circuit when the current becomes to strong.

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Related Real Estate Glossary terms

Second-injury Fund

Insurance fund set up by most states to encourage employers to hire handicapped workers. Where worke ...

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Retirement Income Policy

Form of deferred annuity; a life insurance policy that usually guarantees from 120 to 180 monthly in ...

Administrative Services Only (aso)

services provided in an employee benefit plan such as a pension plan. An employer provides the cler ...

Worry

State of anxiety and distress. One goal of adequate insurance is to eliminate, or alleviate, worry o ...

Pension Equity Plan (pep)

Modifications of the traditional defined benefit plan in which employees are credited with a specifi ...

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