Generic Substitution: The dispensing of a drug that is the generic equivalent of a drug listed on a pharmacy benefit management plan's formulary. In most cases, generic substitution can be performed without physician approval.

 

Related Words

Generic Substitution: The dispensing of a drug that is the generic equivalent of a drug listed on a pharmacy benefit management plan's formulary. In most cases, generic substitution can be performed without physi . . . View Full Definition

Substitution: A type of mutation in which one base is substituted for another.

Same-Day Substitution: Offsetting changes in a margin account during the day that result in no overall change in the balance of the account.

Substitution Of Entitlement: Replaces one eligible veteran with another on an existing Veterans Administration loan. The entitlement is restored to the original veteran.

Substitution Swap: A method for hedging price risk that uses debt market instruments, such as interest rate futures, or that involves selling borrowed securities as the primary assets.

Therapeutic Substitution: The dispensing of a different chemical entity within the same drug class of a drug listed on a pharmacy benefit management plan's formulary. Therapeutic substitution always requires physicia . . . View Full Definition

Metrical Substitution: A way of varying poetic meter by taking a single foot of the normal meter and replacing it with a foot of different meter. For instance, a poem might consist primarily of iambic pentameter, . . . View Full Definition

Import Substitution Development Strategy: The expected volatility in a stock's return derived from its option price, maturity date, exercise price, and riskless rate of return, using an option pricing model such as Black-Scholes.

Generic Advertising And Promotion: The promotion of a particular commodity without reference to a specific producer, brand name, or manufacturer. Because individual producers of nearly homogeneous agricultural commodities can . . . View Full Definition

Generic: A trust in which a principal amount is placed in a trust on the death of person A and is transferred to A's grandchildren when A's children die. The income from the trust goes to the childre . . . View Full Definition