key man

key man — noun An indispensable worker, essential to the continued conduct of a business, etc • • • Main Entry: ↑key …   Useful english dictionary

key man — I noun indispensable person, man of mark, officer, person of importance, person of repute, president, top person II index chairman, executive Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

key|man — «KEE MAN», noun, plural men. a telegraph operator …   Useful english dictionary

key man — If you have need of a locksmith, he will be your key man …   English expressions

key man — ‚kɪː‚mæn controlling man, important figure …   English contemporary dictionary

key man insurance — USA Life insurance, disability insurance or both purchased by a company on a key employee to compensate the company for financial losses relating to the absence of that employee. Practical Law Dictionary. Glossary of UK, US and international… …   Law dictionary

Key Man Risk — The (corporate) danger of over reliance on one or a few individuals. The recent downgrading of Berkshire Hathaway Inc.’s credit rating by a number of agencies was attributed, in part, to the issue of key man risk – the threat posed to a company… …   Dictionary of unconsidered lexicographical trifles

key man insurance — A life insurance policy purchased by a company to insure the life of a key executive. The company is the beneficiary in case of the executive s death. Bloomberg Financial Dictionary …   Financial and business terms

key man or woman insurance — A life insurance policy purchased by a company to insure the life of a key executive. The company is the beneficiary in case of the executive s death. Bloomberg Financial Dictionary …   Financial and business terms

key-man insurance — Gen Mgt see key person insurance …   The ultimate business dictionary

key man insurance —    Life insurance on a business partner or an especially important manager that is intended to help a business through the loss of a contributor of money and expertise, and to help pay for hiring and training a replacement …   Business law dictionary