Examlex
When determining specific training and development needs for individual employees,a firm will most likely conduct a task analysis with data gathered from job descriptions and performance reviews.
Collision
An event where two or more objects come together with force, often used in the context of motor vehicles.
Pro Rata Clause
A provision in a contract that allocates rights, obligations, or benefits proportionately among all parties involved.
Face Amount
The nominal or stated value of a financial instrument or insurance policy, due upon maturity or death.
Covered Peril
A risk or event, such as fire or theft, that is specifically insured against under a policy, meaning the insurer has agreed to bear the risk and compensate the insured.
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