Lifetime Maximum Benefit: (or Maximum Lifetime Benefit) the maximum amount a health plan will pay in benefits to an insured individual during that individual's lifetime.

 

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Lifetime Maximum Benefit: (or Maximum Lifetime Benefit) the maximum amount a health plan will pay in benefits to an insured individual during that individual's lifetime.

Maximum Takeoff Weight: The maximum weight of any aircraft on takeoff without exceeding its load factor. (MTOW)

Maximum Sustainable Yield (MSy): The maximum number of a food or game population that can be harvested without harming the populations ability to grow back.

Maximum Sustainable Yield: In fisheries biology, the maximum catch obtainable per unit time under the appropriate fishing rate

Maximum Tolerated Dose (MTD): Loosely, the highest dose of a chemical that when administered to a group of test animals does not increase the death rate during a long-term study. The purpose of administering MTD is to de . . . View Full Definition

Minimum Monthly Benefit: There is usually a minimum amount paid as a monthly benefit after reductions for 'Other Income Benefits'.

Older Workers Benefit Protection Act (OWBPA) Of 1990: OWBPA amended the ADEA prohibiting all employers from age discrimination in employee benefits programs by either providing equal benefits for older and younger workers or by spending an equa . . . View Full Definition

Net Benefit To Leverage Factor: A linear approximation of a number, that enables one to operationalize the total impact of leverage on firm value in the capital market imperfections view of capital structure.

Maximum Stay: The maximum time you may stay at your destination in order to qualify for a specific airfare. Normally most fares have a 30-day limit, but some are less. Usually, the longer you stay, the hi . . . View Full Definition

Maximum Unambiguous Range: The pulse-repetition frequency (prf) of a radar system determines the maximum operating range of the radar before ambiguities start to occur. This is called the maximum unambiguous range of