20 Terms
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Tax
Of or relating to the fees charged by a government on a product, income, or activity; and also to the system by which they are successfully levied.
Industry: Accounting
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Tax
c l u e report
Accounting; Tax
The full term is Comprehensive Loss Underwriting Exchange Report It contains any insurance claims on real property, the insurance company involved, the type of claim, whether or not it was related ...
collateralization
Accounting; Tax
To pledge mortgages, bonds, accounts receivable or other marketable properties as security for a loan
coinsurance amount limit
Accounting; Tax
A requirement under burglary insurance that a minimum amount of insurance be maintained, based on the type and amount of merchandise
coinsurance clause
Accounting; Tax
In the case of a partial loss where the property is not insured for the indicated percentage of its cash value at the time of the loss, the recovery from the company is based on a percentage
commercial blanket bond
Accounting; Tax
A bond that covers employee theft by one or more employees up to a fixed amount
commercial paper
Accounting; Tax
Short-term (generally 2 to 270 days) obligations (notes) issued by banks and corporations with high credit ratings These notes are usually unsecured and usually issued at a discount
commercial property form
Accounting; Tax
An all-risk type insurance policy covering business personal property against physical loss for retailers, wholesalers and certain other types of businesses
