|
|
Industrial life assurance |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Industrial life assuranceAn assurance policy on the life of an individual where weekly or monthly premiums are regularly paid to the assurance company by way of their agent who collects directly from the policyholder's home. This method of collection originated in industrial areas as a means of saving for a future lump sum or protection against industrial accidents etc. This type of assurance is now virtually extinct.Similar MatchesDe-industrializationDe-industrializationA decline over time in the share of the manufacturing in an economy, usually accompanied by growth in the share of services. Typically accompanied by an increase in manufactured imports, it may raise concern that the country is losing valuable economic activity to others. Industrial concentrationIndustrial concentrationThe extent to which a small number of firms dominates an industry, often measured by the four-firm concentration ratio. Concentration is, in effect, the opposite of competition, though in an open economy imports complicate the relationship. Industrial Tax ExemptionIndustrial Tax ExemptionAn exemption from local property taxes granted to encourage industries to come into an area. Has been used successfully in the South. Usually granted for a definite period. Industrial policyIndustrial policyGovernment policy to influence which industries expand and, perhaps implicitly, which contract, via subsidies, tax breaks, and other aids for favored industries. The purpose, aside from political favor, may be to foster competitive advantage where there are beneficial externalities and/or scale economies. Industrial revenue bond (IRB)Industrial revenue bond (IRB)A bond issued by local government agencies on behalf of corporations. Further SuggestionsIndustrialsStandard Industrial Classification (SIC) Import substituting industrialization Newly Industrializing Economy Newly Industrializing Country Dow Jones Industrial Average Industrial production |
|
|
|