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The business possesses information about market trends, insider business knowledge, and other future happenings relevant to the business that a bank would not know when lending money to a company. A further case where adverse selection is relevant is when banks trade loans.
Business Information Services Library (BiSL), previously known as Business Information Service Management Library, is a framework used for information management.. BiSL is a public domain standard since 2005, governed by the ASL BiSL foundation (previously ASL Foundation) which ceased to exist in 2020.
Reputational damage can result from an adverse or potentially criminal event, regardless of whether the company is directly responsible for said event (as was the case of the Chicago Tylenol murders in 1982). [3] Extreme cases may lead to large financial losses [4] or bankruptcy, as per the case of Arthur Andersen. [5]
In life insurance, adverse selection describes the occurrence of individuals with a high-risk profession, hobby or health condition applying for life insurance more often than low-risk individuals ...
In common use adverse variance is denoted by the letter U or the letter A - usually in parentheses (A). The second typology (according to the nature of the underlying amount) is determined by the needs of users of the variance information and may include e.g.: Variable cost variances Direct material variances; Direct labour variances
Adverse events categorized as "serious" (results in death, illness requiring hospitalization, events deemed life-threatening, results in persistent or significant incapacity, a congenital anomaly or medically important condition) must be reported to the regulatory authorities immediately, whereas non-serious adverse events are merely documented ...
NIST Definition: The process of identifying risks to organizational operations (including mission, functions, image, reputation), organizational assets, individuals, other organizations, and the Nation, resulting from the operation of an information system. Part of risk management incorporates threat and vulnerability analyses and considers ...
Another word for muscle pain, myalgia affects muscles, ligaments, tendons, and connective tissues. In clinical trials of Cialis, one to four percent of men reported muscle pain as an adverse effect.