Private Carrier A commercial motor carrier for which private highway transportation activities are incidental to, and only in furtherance of, its primary business activity.
Category: Uncategorized
Inspection Level
Inspection Level Refers to the inspection methodology employed in the examination of a given vehicle and driver. Five inspection levels are referenced in this report: Full, Walk-Around, Driver-Only, Special, and Terminal.
NPI Final Rule
NPI Final ruling according to the Code of Federal Regulations 42 CFR 403.902 § 403.902 Definitions. For purposes of this subpart, the following definitions apply: Applicable group purchasing organization means an entity that: (1) Operates in the United States; and (2) Purchases, arranges for or negotiates the purchase of a covered drug, device, biological, or medical… Continue reading NPI Final Rule
Simulation Fidelity
Note: the term fidelity is often used synonymously with realism but not all agree these are the same Etym. simulation (n.) noun of action from past participle stem of simulare “imitate,” from stem of similis “like.” Meaning “a model or mock-up for purposes of experiment or training” is from 1954. Definition The level of realism… Continue reading Simulation Fidelity
Procedural Simulation
Etym. simulation (n.) noun of action from past participle stem of simulare “imitate,” from stem of similis “like.” Meaning “a model or mock-up for purposes of experiment or training” is from 1954. Definition The use of a simulation modality (for example, task trainer, manikin, computer) to assist in the process of learning to complete a… Continue reading Procedural Simulation
PIA
An abbreviation for the U.S. Copyright Office’s “Office of Policy and International Affairs.”
SECTION 1035
This part of the U.S. tax code allows you to exchange an existing variable annuity contract for a new annuity contract without paying tax on the income and investment gains in your current account. But you may have to pay surrender charges on your old annuity if you are still within the surrender period.
CREATION UNIT
Large blocks of shares in an ETF, typically 50,000 shares or more.
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 a 5% front-end sales load for investments up to $25,000, but reduce that to a 4% load for investments between $25,000 and $50,000 and 3% for investments exceeding $50,000. The investment levels required to obtain… Continue reading BREAKPOINT DISCOUNTS
BEAR MARKET
A time when stock prices are declining and market sentiment is pessimistic. Generally, a bear market occurs when a broad market index falls by 20% or more over at least a two-month period.