Financial Experience Definition | Law Insider (2024)

  • financial expert means an individual, company or firm who is authorised to give investment advice under the Financial Services and Markets Act 2000;

  • Professional experience means the actual and lawful pursuit of the profession concerned;

  • Financial exigency means a condition that requires the bona fide discontinuance or reduction in size of an administrative unit, project, program or curriculum due to the lack of funds available and sufficient to meet current or projected expenditures.

  • Independent Financial Expert means a nationally recognized accounting, investment banking or consultant firm, which firm does not have a material financial interest or other material economic relationship with either the Company or any of its Affiliates or the Holder or any of its Affiliates that is, in the good faith judgment of the Board, qualified to perform the task for which it has been engaged.

  • Clinical experience means providing direct services to individuals with mental illness or the provision of direct geriatric services or special education services. Experience may include supervised internships, practic*ms, and field experience.

  • Field experience means a sequence of learning experiences which occur in actual school settings or clinical or laboratory settings. Such learning experiences are related to specific program outcomes and are designed to integrate educational theory, knowledge, and skills in actual practice under the direction of a qualified supervisor.

  • Audit Committee Financial Expert means a person who has the following attributes:

  • Financial exploitation means a breach of a fiduciary duty by an actor’s unauthorized expenditure of funds entrusted to the actor for the benefit of the vulnerable adult or by an actor’s failure to provide food, clothing, shelter, health care, therapeutic conduct or supervision, the failure of which results or is likely to result in detriment to the vulnerable adult. Financial exploitation also includes: the willful use, withholding or disposal of funds or property of a vulnerable adult; the obtaining of services for wrongful profit or advantage which results in detriment to the vulnerable adult; the acquisition of a vulnerable adult’s funds or property through undue influence, harassment, duress, deception or fraud; and the use of force, coercion, or enticement to cause a vulnerable adult to perform services against the vulnerable adult’s will for the profit or advantage of another.

  • Teaching Experience means full-time employment as a teacher in a public school, private school licensed or accredited by the State Board of Education, or institution of higher education,

  • Experience means “earned premiums” and “incurred claims” during the experience period.

  • Work experience means a work activity that provides a participant with an

  • financial entity means the following entities which meet such criteria or conditions as the Central Government may, in consultation with the financial sector regulator, notify in this behalf, namely:

  • Independent Financial Consultant means a financial consultant or firm of such consultants generally recognized to be well qualified in the financial consulting field, appointed and paid by the District, who, or each of whom:

  • Independent Evaluator A person empowered, pursuant to Section 23.5 (Failure to Reach Agreement) and Section 23.10 (Dispute) of this Agreement, to resolve disputes due to failure of the Parties to agree on a Performance Standards Revision Document.

  • periods of experience means periods of work experience which form part of a sandwich course;

  • Financial Instrument” shall mean the Financial Instruments under the Company’s CIF license which can be found in the document “Company Information” on the Website. It is understood that the Company does not necessarily offer all the Financial Instruments which appear on its CIF license but only those marketed on its Website from time to time.

  • Experience period means the most recent period of time for which experience is reported, but not for a period longer than three (3) full years. (7-1-93)

  • Financial Impairment means that a carrier is not insolvent and is:

  • Financial Services Business for purposes of this Unit Agreement shall mean the business of banking, including deposit, credit, trust and investment services, mortgage banking, asset management, and brokerage and investment banking services. (C) The term "Managerial Responsibilities" for purposes of this Unit Agreement shall mean managerial and supervisory responsibilities and duties that are substantially the same as that Grantee is performing for SunTrust or a SunTrust Affiliate on the date of this Unit Agreement. (D) The term "SunTrust Affiliate" for purposes of this Unit Agreement shall mean any corporation which is a subsidiary corporation (within the meaning of §424(f) of the Code) of SunTrust except a corporation which has subsidiary corporation status under §424(f) of the Code exclusively as a result of SunTrust or a SunTrust Affiliate holding stock in such corporation as a fiduciary with respect to any trust, estate, conservatorship, guardianship or agency. (E) The term "Territory" for purposes of this Unit Agreement shall mean the states of Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and the District of Columbia, which are the states and Territories in which SunTrust has significant operations on the date of this Unit Agreement. (F) "Trade Secret" for purposes of Unit Agreement shall mean information, including, but not limited to, technical or nontechnical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a drawing, a process, financial data, financial plans, product plans, or a list of actual or potential customers or suppliers that: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from it is disclosure or use, and (ii) is the subject of reasonable efforts by SunTrust or a SunTrust Affiliate to maintain its secrecy.

  • Financial Data means any financial and market data, price quotes, news, analyst opinions, research reports, signals, graphs or any other data or information whatsoever available through the Trading Platform.

  • Financial need means the difference between the student’s financial resources, including resources available from the student’s parents and the student, as determined by a completed parents’ financial statement and including any non-campus-administered federal or state grants and scholarships, and the student’s estimated expenses while attending the institution. A student shall accept all available federal and state grants and scholarships before being considered eligible for grants under the Iowa minority academic grants for economic success program. Financial need shall be reconsidered on at least an annual basis.

  • Expert Determination the process described in Paragraph 6 of Schedule 8.3 (Dispute Resolution Procedure);

  • Evaluation means an appraisal of an individual’s professional performance in relation to his or her job description and professional standards and based on, when applicable, the individual’s evaluation rubric.

  • Accounting system means the Contractor's system or systems for accounting methods, procedures, and controls established to gather, record, classify, analyze, summarize, interpret, and present accurate and timely financial data for reporting in compliance with applicable laws, regulations, and management decisions, and may include subsystems for specific areas such as indirect and other direct costs, compensation, billing, labor, and general information technology.

  • Independent Valuer means Massarsky Consulting, Inc., appointed by the Board to independently value the Company’s Catalogues within the Portfolio;

  • financial service means a service of a financial nature, including insurance, and a service incidental or auxiliary to a service of a financial nature;

  • Financial Experience Definition | Law Insider (2024)

    FAQs

    Financial Experience Definition | Law Insider? ›

    Financial Experience means past employment experience in finance or accounting, requisite professional certification in accounting, or any other comparable experience or background which results in the individual's financial sophistication, including being or having been a chief executive officer, chief financial ...

    What is financial expertise? ›

    Accounting or related financial expertise means the ability to analyze and interpret a full set of financial statements, including the notes attached thereto, in accordance with International Financial Reporting Standards.

    What is a financial management expert? ›

    A financial management specialist oversees an organization's financial activities, including budgeting, forecasting, and financial analysis. They may also manage investments, assess risks, and ensure compliance with financial regulations.

    How to demonstrate financial skills? ›

    10 finance skills that really count
    1. A formal accounting qualification.
    2. Interpersonal skills.
    3. Ability to communicate.
    4. Financial reporting.
    5. Analytical ability.
    6. Problem-solving skills.
    7. Knowledge of digital tools.
    8. Management experience.
    Aug 9, 2021

    Who qualifies as a financial expert? ›

    The expert must have experience in preparing, auditing, analyzing or evaluating financial statements that present the scope and complexity of accounting issues that are generally comparable to the complexity of issues that the registrant's financial statements may raise or experience.

    What is a financial expert as defined by the SEC? ›

    committee financial expert” is a person who has the following attributes: (i) an understanding of generally accepted accounting principles and financial. statements; (ii) the ability to assess the general application of such principles in connection.

    What is financial management experience? ›

    Finance management is the strategic planning and managing of an individual or organization's finances to better align their financial status to their goals and objectives.

    What is the role of a financial expert? ›

    The role of financial specialists is to manage and analyze financial information, provide investment advice, and help clients make informed decisions. These professionals play a crucial role in the success of a company, and therefore, it is essential to find the right candidate for the job.

    What is the title of a finance expert? ›

    Certified financial planners are professionals who have passed a certification exam from the Certified Financial Planner Board of Standards. CFPs are qualified to provide a wide range of financial planning services, including investment advice, retirement planning, and estate planning.

    What is financial experience? ›

    Financial Experience means past employment experience in finance or accounting, requisite professional certification in accounting, or any other comparable experience or background which results in the individual's financial sophistication, including being or having been a chief executive officer, chief financial ...

    What qualifies as financial services experience? ›

    This may include providing investment advice or ways they can save money. Our ideal candidate has a bachelor's degree in a financial field and experience in an area like health insurance or life insurance sales, finance management, or economic forecasting. You should also have experience in financial reporting.

    How to demonstrate financial acumen? ›

    You demonstrate your financial acumen, as you have the financial skills to:
    1. Understand and interpret financial statements.
    2. Apply financial concepts to better support judgment and business decision making.
    3. Incorporate organizational financial information within your department.

    What does a finance expert do? ›

    Financial specialists provide advice about money in lots of ways. For example, they may manage investments for clients, extend loans, or check financial statements for accuracy. Some, like Motz, interact directly with clients; others work to ensure that the institutions using money are run properly.

    What does it mean to be financially knowledgeable? ›

    Financial knowledge is the objective mastery of financial definitions, terms and concepts. Financial skills determine whether an individual can make decisions with that knowledge. For example, a person might know that a credit score of 800 is good, but not know the steps to improve their own credit rating.

    What is the expertise of a financial accountant? ›

    Essential skills include financial analysis, attention to detail, and proficiency in accounting software. Strong communication and interpersonal abilities are crucial for collaborating with teams. Analytical thinking, problem-solving, and adherence to accounting standards are key qualifications.

    What is the main theme of the financial expert? ›

    The Financial Expert tells the story of the rise and fall of Margayya. The theme of the novel is lust for money. But Margayya is no monster of greed and wickedness. In his depiction of Margayya, Narayan humanises him and shows that despite his lust for money, he is still a human being.

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