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Activities of daily living |
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Activities of daily livingAn insurance term which refers to the basic things that people need to be able to do in order look after themselves - e.g. wash and feed themselves. People who are not able to carry out ADLs unaided may be eligible for long term care insurance.Similar MatchesDirectly Unproductive Profit-Seeking ActivitiesDirectly Unproductive Profit-Seeking ActivitiesActivities that have no direct productive purpose (neither increasing consumer utility nor contributing to production of a good or service that would increase utility) and are motivated by the desire to make profit, typically from market distortions created by government policies. Examples are rent seeking and revenue seeking. Term coined by Bhagwati (1982). DUP ActivitiesDUP ActivitiesDirectly Unproductive Profit-Seeking Activities Short run operating activitiesShort run operating activitiesEvents and decisions concerning the short-term finance of a firm, such as how much inventory to order and whether to offer cash terms or credit terms to customers. Ultra vires activitiesUltra vires activitiesCorporate actions and operations that are not sanctioned by corporate charter, sometimes leading to shareholder lawsuits. Grandfathered activitiesGrandfathered activitiesNonbank activities, some of which would normally not be permissible for bank holding companies and foregin banks in the United States, but which were acquired or engaged in before a particular date. Such activities may be continued under the "grandfather" clauses of the Bank Holding Company Act and the International Banking Act. Further SuggestionsLoss control activitiesPermissiable nonbank activities |
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