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Showing posts with label Definitions. Show all posts
Showing posts with label Definitions. Show all posts

8.05.2010

informed consent

Consent given with full knowledge of the risks involved, probable consequences, and the alternatives. In medical treatment requiring invasive (and possibly life threatening) procedures, a doctor or healthcare provider must disclose sufficient information to the patient for him or her (or his or her guardian) to give an informed consent. What constitutes 'sufficient information' varies with the jurisdiction. In general, the amount of information called for in the US is higher than that in the UK.

yeilds

Differences in the yields of different securities, commonly used to compare bonds with different maturities and credit ratings. As a general rule, bonds with longer maturities and lower credit ratings generate larger yields, and bonds with shorter maturities and lower high credit ratings generate smaller yields.