Related Words

Main Seating: The earlier of two meal times in the ship's dining room. Often also called 'first seating.'

Public Domain: Material (e.g., a piece of music) that is not copyrighted, which may be used in TV programs without paying a fee or royalty.

Remainder: The right of future possession and use that goes to someone other than the grantor upon termination of a life estate.

Remainder Estate: A future interest in real estate created at the time and by the same instrument of the original estate, but limited its immediate authority upon the termination of the prior estate. For exam . . . View Full Definition

Remainder Interest: The remnant of an estate that has been conveyed to take effect and be enjoyed after the termination of a prior estate, such as when an owner conveys a life estate to one party and the remain . . . View Full Definition

Preventive Maintenance: Includes regularly scheduled activities such as painting and seasonal servicing of appliances and systems. Preventive maintenance preserves the long-range value and physical integrity of the . . . View Full Definition

Open Seating: Access at any time to unoccupied tables in the ship's dining room, as opposed to specific table assignments.

Maintenance Margin Requirement: A sum, usually smaller than but part of the original margin, that must be maintained on deposit at all times. If a customer's equity in any futures position drops to or below, the maintenanc . . . View Full Definition

Maintenance Medication: Medications that are prescribed for long-term treatment of chronic conditions, such as diabetes, high blood pressure or asthma. Maintenance medications are available through Tel-Drug Rx, CIG . . . View Full Definition

Minimum Maintenance: The lowest required equity level that must be held with a broker in a margin account. See: Margin call.