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Private Carrier

Private Carrier A commercial motor carrier for which private highway transportation activities are incidental to, and only in furtherance of,…

4 years ago

Inspection Level

Inspection Level Refers to the inspection methodology employed in the examination of a given vehicle and driver. Five inspection levels…

4 years ago

NPI Final Rule

NPI Final ruling according to the Code of Federal Regulations 42 CFR 403.902 § 403.902 Definitions. For purposes of this…

4 years ago

Simulation Fidelity

Note: the term fidelity is often used synonymously with realism but not all agree these are the same Etym. simulation…

4 years ago

Procedural Simulation

Etym. simulation (n.) noun of action from past participle stem of simulare “imitate,” from stem of similis “like.” Meaning “a…

4 years ago

PIA

An abbreviation for the U.S. Copyright Office’s “Office of Policy and International Affairs.”

4 years ago

SECTION 1035

This part of the U.S. tax code allows you to exchange an existing variable annuity contract for a new annuity…

5 years ago

CREATION UNIT

Large blocks of shares in an ETF, typically 50,000 shares or more.

5 years ago

BREAKPOINT DISCOUNTS

Some mutual funds that charge front-end sales loads will charge lower sales loads for larger investments. For example, a fund might charge…

5 years ago

BEAR MARKET

A time when stock prices are declining and market sentiment is pessimistic. Generally, a bear market occurs when a broad…

5 years ago