Such commissions, another controversial industry practice, involve brokers taking additional payments from insurance companies based on the volume and quality of business placed with the insurers.
What does IP stand for?
IP stands for Industry Practice
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of IP
We have 112 other meanings of IP in our Acronym Attic
- Individual Protection
- Individual Provider
- Individual Psychology (Alfred Adler)
- Induced Polarization
- Industrial Park
- Industrial Policy
- Industrial Production
- Industrial Property
- Industrial Protocol
- Industry Pack
Samples in periodicals archive:
In order to better serve you, our underwriters, risk consultants and claims staff specialize in one of 13 industry practice groups.
Reforms in Industry Practices The report suggests a number of steps that can be taken to reduce costs and increase the overall efficiency of the construction industry, resulting in significant reductions in overall construction costs.
Industry practice is [changed] through a lot of education, putting people in touch with each other.
6) Reliance on Industry Practice SBJPA Section 1122 makes great strides in clarifying when a taxpayer can rely on industry practice for its worker classification; it now provides a definition of the safe harbor for a "long-standing" recognized practice of a "significant" segment of an industry.