Local geographic area with similar characteristics. It may be referred to by name (e.g., Brooklyn Heights, Palisades) and have designated boundaries. There are major streets such as for a shopping or restaurant district. Real estate property values partly depend on how good or bad the neighborhood i...

under contract law, anything of value exchanged for a promise or for performance that is needed to make an instrument binding on the contracting parties. adherence to all provisions of an insurance policy by an insured; for example, the insured agrees to make all premium payments when due in order ...

Method of selling insurance directly to insureds through a company's own employees, through the mail, or at airport booths. The company uses this method of distribution rather than independent or captive agents for effectiveness and efficiency....

Requirement of an employer to report annually to the U.S. Treasury Department the names of employees who terminated employment with vested benefits, and the amount of the benefits. The Treasury sends the Social Security Administration a copy, which is available to an employee on request. A statement...