Business / Finance / After Acquired Clause: A contractual clause in a mortgage agreement stating that any additional mortgageable property attained by the borrower after the mortgage is signed will be regarded as additional security for the obligation addressed in the mortgage.
Business / Finance / Inflation-Escalator Clause: The fact that future inflation rates are not known. It is a possible contributing factor to the makeup of the term structure of interest rates. MORE
Business / Finance / Incontestability Clause: Levies on the income of a business imposed by federal and state governments. This expense appears on the income statement simply as Taxes. MORE
Health / Disease / Hospital Acquired Infection: Nosocomial infections are infections which are a result of treatment in a hospital or a healthcare service unit, but secondary to the patient's original condition. MORE
Business / Real Estate / Hold-Harmless Clause: A contract provision whereby one party agrees to indemnify and protect the other party from any injuries or lawsuits arising out of the particular transaction. Such clauses are usually found in leases MORE
Science / Biology / Inheritance Of Acquired Characteristics: Lamarcks view that features acquired during an organisms lifetime would be passed on to succeeding generations, leading to inheritable change in species over time. MORE