Define abundance of caution

Answer by Lucy Griffin: Abundance of caution is a term developed and used by lenders.

Infinitive or -ing verb? Avoiding common mistakes with verb patterns 1. Add to word list Add to word list. The Governor described the deployment of the National Guard as "an abundance of caution ". Cautious and vigilant.

Define abundance of caution

An Abundance of caution ; While Bellingham is a relatively safe small city, it is possible to find trouble if one seeks it out. Abundance of caution , when used to describe decisions to require collateral, means that the collateral is required in circumstances in which it is not required by statute, regulation, or the institution's policies and it would not be required by a prudent lender to support the credit decision. Internal Collaboration means collaborative arrangements within a group of companies or within various strategic business. Conference of the Parties means the Conference of the Parties to the Convention;. Prosecute and Maintain means, with regard to a Patent Right, the preparing, filing, prosecuting and maintenance of such Patent Right, as well as handling re-examinations, reissues, and requests for patent term extensions with respect to such Patent Right, together with the conduct of interferences, the defense of oppositions and other similar proceedings with respect to the particular Patent Right. Positive Behavioral Theory and Practice means a proactive approach to behavior and behavior interventions that:. Licensed Information means any information concerning the Licensed Program, which is owned by the Licensor and is licensed to the Licensee together with the Licensed Program. Contractor Commercially Sensitive Information means the information listed in the Contractor Commercial Sensitive Information Annex to the Contract being information notified by the Contractor to the Authority which is acknowledged by the Authority as being commercially sensitive information. Third Party Material means software, software development tools, methodologies, ideas, methods, processes, concepts and techniques owned by, or licensed to a third party and used by the Service Provider in the performance of the Services;. Commercially Sensitive Information means the Information i listed in the Commercially Sensitive Information Schedule; or ii notified to the Authority in writing prior to the commencement of this Contract which has been clearly marked as Commercially Sensitive Information comprised of information:. A public wiki that anybody can edit is an example of such a server. Product Information has the meaning specified in Section Patent No. Least developed country construction material means a construction material that—. Third Party Materials means materials and information, in any form or medium, including any software, documents, data, content, specifications, products, equipment or components of or relating to the Services that are not proprietary to NCIT.

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What follows is a precise definition of the term, as well as a couple different contexts in which it has been used recently. Something or other was being closed or they would no longer be providing services. This phrase means that an individual or organization is not only being cautious; but frankly, they are probably going overboard, just to make sure that you, the customer, is safe. Your safety is beyond doubt because of this abundance meaning a big amount of caution. Yet there is often an element of hypocrisy to this phrase. Yet one cannot have percent security in any circumstances. This hankering for complete safety is a trifle unbecoming and frankly unmanly.

Add to word list Add to word list. The Governor described the deployment of the National Guard as "an abundance of caution. Cautious and vigilant. Browse amyloidosis. Read More.

Define abundance of caution

English images. English synonyms. These examples have been automatically selected and may contain sensitive content that does not reflect the opinions or policies of Collins, or its parent company HarperCollins. We welcome feedback: you can select the flag against a sentence to report it. Last night the airline said it had replaced all the jet's air filters, but called it an ' abundance of caution '. The Sun. But she added that increased security measures would be maintained at transport hubs 'out of an abundance of caution '. Times, Sunday Times. But it said it was temporarily halting them due to 'an abundance of caution and to reassure the public of the aircraft's safety'.

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Features such as electric windows consume energy. The term comes into play in the compliance arena when flood insurance must be considered. Subscribe NOW! Input Material means all documents, information, representations, statements and materials provided by Customer or a third party on behalf of Customer, relating to the Services, including computer programs, data, logos, reports and specifications and inventories. Avoiding common mistakes with verb patterns 1. February 19, Read more. English Usage. English—Norwegian Norwegian—English. In Traditional Chinese. English Pronunciation.

I like to err on the side of caution and always keep some money in my savings account. Since we don't know where we're going, let's err on the side of caution and leave an hour early.

In that context, taking property as an abundance of caution through a blanket lien in addition to other collateral does not qualify for the LTV exemption. English Usage. This phrase means that an individual or organization is not only being cautious; but frankly, they are probably going overboard, just to make sure that you, the customer, is safe. Effective style cannot be taught like a. Cautious and vigilant. Traditional to English. English Dictionary. Get the latest news and gain access to exclusive updates and offers Sign me up. What matters is taking the security interest which triggers the flood insurance rules. Chinese English to Simplified. Hindi to English. Sign up now or Log in. English—Dutch Dutch—English. First published on BankersOnline. Usage explanations of natural written and spoken English.