Define Future Loss of Income. If the Member recovers an amount for future income loss, Blue Cross will stop paying disability benefits until the number of weeks or months of benefits represented by that amount is exhausted. This number is calculated by d
Define substantial loss of income. means the employee has exhausted all paid leave available and has been unpaid for five (5) duty days at the employee’s usual FTE
lossof income/revenue lossof a game the party'slossesin the election Research hasn't revealed any permanent effects on the body resulting from sleeploss, but don't take that as an endorsement for skipping z's. — Brad Wetzler b :an amount by which the cost of something exceeds its selli...
Kids Definition loss noun ˈlȯs 1 a :the act or an instance of losing thelossof a ship b :the harm or distress resulting from losing her death was alossto the community 2 a :a person, thing, or amount lost b plural:killed, wounded, or captured soldiers ...
Define profit and loss accounts. profit and loss accounts synonyms, profit and loss accounts pronunciation, profit and loss accounts translation, English dictionary definition of profit and loss accounts. Noun 1. profit and loss account - an account comp
Economic profit figures can be helpful for business decision-making. By studying the effect on net income of subtracting not just explicit costs but the estimated costs of giving up potential business opportunities, companies can size up the wisdom of business ventures from high to low before launc...
Profit and loss statements will look a bit different from business to business, depending on the business type and complexity. For example, if you sell products versus services, have multiple types of income, or have lots of expenses, your P&L statements might have different components and acco...
What is the definition of profit and loss statement?The P&L Statement, also called the Income Statement is one of the three main financial statements, along with the Balance Sheet and the Cash Flow Statement. Broadly speaking, the P&L shows all the company’s income and expenses, but these...
Define Loss of function. Loss of function synonyms, Loss of function pronunciation, Loss of function translation, English dictionary definition of Loss of function. n. 1. The act or process of being altered or changed. 2. An alteration or change, as in n
Importance of Profit and Loss Profit and loss statements are important because many companies must complete them by law or association membership. A profit and loss declaration also helps the company’s leadership team (including its executive committee) understand the business’s net income, which ...