MEDICARE CATASTROPHIC COVERAGE ACT OF 1988 - MCCA
A government bill designed to enhance immediate healthcare benefits for the elderly and disabled, to be phased in from 1989 to 1993. It was intended to enlarge its benefits in order to accommodate outpatient drugs and limit enrollees' copayments for covered services. This was the first bill that significantly expanded the benefits since the program's implementation.
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Profit Margin
A ratio of profitability calculated as net income divided by revenues, or net profits divided by sales. It measures how much out of every dollar of ...
Conglomerate
Corporation comprised of several unrelated businesses. In this structure, one firm owns a controlling stake in numerous smaller ones that conduct b ...
Schedule I Bank
Schedule I Bank is a financial institution that is Canadian that is governed under the jurisdiction of the Federal Bank Act. A Schedule I bank is n ...
Self-Amortizing Loan
Self-Amortizing Loan is a kind of loan. A self-amortizing Loan is composed of periodic payments that has that includes both the principal and the i ...
Escrow Receipt
Certificate issued by bank, guaranteeing the securities underlying an option contract are on deposit and ready for delivery should the option be ex ...
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Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
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