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Controlling Workers Compensation Costs for Employers

Tuesday, December 12th 2017

Last updateSun, 16 Oct 2016 2am

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Glossary

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Glossaries

Term Definition
Caveat Emptor

Latin for "let the buyer beware." A doctrine that often places on buyers the burden to reasonably examine property before purchase and take responsibility for its condition.  [From www.law.cornell.edu]

CY

Calendar Year is the year premiums are earned or costs are paid. All premiums and costs are accounted for on cash basis.

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