Examlex
Based on the business segments determined to be reportable segments for reporting to the Board each month, the following data have been derived from the notes attached to the subsidiary financial statements (amounts in thousands) :
-On the basis of revenue,asset and results,the reportable business segments are:
Incentivize
To provide motivation or encouragement through rewards or benefits, aiming to promote certain behaviors or actions.
Insurable Interest
A principle that requires an individual to have a stake in the safety or preservation of the insured object against loss or damage.
Financial Benefit
An economic advantage or gain received, such as income, dividends, or appreciation in asset value.
Fair Market Value
Fair market value is the price at which a willing buyer and a willing seller, both having reasonable knowledge of the relevant facts, would engage in a transaction.
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