Hold Harmless Provision: A contract clause which forbids providers from seeking compensation from patients if the health plan fails to compensate the providers because of insolvency or for any other reason.

 

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Hold Harmless Provision: A contract clause which forbids providers from seeking compensation from patients if the health plan fails to compensate the providers because of insolvency or for any other reason.

Provisional Ball: (also 'provisional') an additional shot played in a situation where it is believed that the original ball may be out of bounds or lost (the shot is played before leaving the area of the orig . . . View Full Definition

Provisional Call Feature: A stipulation in a convertible issue that allows the issuer to call the issue during the noncall period if the price of the stock reaches a certain level. In the case of convertible securiti . . . View Full Definition

Provision For Income Taxes: An amount on the P & I statement that estimates a company's total income tax liability for the year.

Principal Stockholder: A stockholder who owns 10% or more of the voting stock of a company. Such stockholders must report all trading in the stock to the SEC pursuant insider trading rules.

Poverty Thresholds: For statistical purposes (e.g., counting the poor population), the Census Bureau uses a set of annual income levels - the poverty thresholds - slightly different than the federal poverty gui . . . View Full Definition

Provisions: One or more accounts set up to account for expected future payments (eg. where a business is expecting a bill, but hasn't yet received it).

Public Utility Holding Company Act Of 1935: Legislation intended to eliminate many holding company abuses by reorganizing the financial structures of holding companies in the gas and electric utility industries and regulating their de . . . View Full Definition

Service Provision: The stage of the CPS casework process when CPS and other service providers provide specific services geared toward the reduction of risk of maltreatment.

Shareholder: If you own stock in a corporation, you are a shareholder of that corporation. You're considered a majority shareholder if you alone or in combination with other shareholders own more than ha . . . View Full Definition