Definition: The practice of deferring the outlays incurred in the acquisition of new business over the term of the insurance contract is called deferred acquisition cost. Description: Acquisition ...
Broken sprinkler heads are a frequent culprit behind many service calls. Often, homeowners are faced with the decision of whether to repair or replace these components, leading many to wonder, “How ...
A little over a year ago, we wrote about how Peoples Gas’ overbudget, unaffordable pipe-replacement project needed to be rethought completely. Thankfully, the Illinois Commerce Commission, which ...
Definition: True cost economics is an economic model that includes the cost of negative externalities associated with goods and services. Description: If the prices of goods and services do not ...