CMP 1 Flashcards
24-Hour Hold
A term used to describe the type of reservation made on function space within a venue (hotel, convention, center, etc.). An event organizer who has 24-hour hold on a space has exclusive use and access to that space for a period of 24-Hours
6-by-6 Rule
Audiovisual guideline by which a presentation slide should contain no more than six words per line of text and no more than 6 lines of text
Abstract
1) Written summaries of speeches or papers, generally between 200-500 words 2) a brief statement of content
Abstract Board
Freestanding or rolling boards, typically 4’ x 8’ used for attaching copies of research papers for authors to discuss with participants
Acceleration Clause
A provision sometimes used in contracts to accelerate deposit payment schedule or to demand full prepayment of master account in the event of default or lack of credit by the purchasing organization, may also apply in other situations such as assignments, primarily used in North America
Acceptance
A requirement for entering into a binding contract, if a contract proposal is made, it is accepted if the offeree makes any changes to the offer before signing, it is a counter offer, not acceptance
Accessible
Usable by people with disabilities
Accomodation
1) any seat, berth, room, or service provided and/or sold to a guest, attendee or passenger 2) Action taken to allow a person with a disability to participate in an event
Accreditation
Official authorization or approval to 1) provide with credentials 2) Recognize or verify the act of confirming with a standard 3) Recognize a post-secondary institution or degree-bearing program as satisfying and maintaining academic standards
Accrual Accounting
1) An accounting method that enters income and expenses into the books at the time of contract versus when payment is received or expenses incurred (Cash Accounting) 2) a system in which revenue and expenses are accounted for as soon as they are committeed
Act of God
An extraordinary natural disaster such as extreme weather, flood, hurricane, tornado, earthquake, etc., that cannot be reasonably foreseen or prevents and over which a contracting party has no reasonable control, the occurrence makes performing of the contract illegal, impracticable or impossible, leaving the contract parties with no Legal responsibility to continue performance of the contract (See Also Force Majeure)
Action Station
Chefs prepare foods to order and serve them fresh to guests, Also called Performance Stations, Carving Stations or Exhibition Cooking
Actual Weight
Also known as gross shipping rate determined by 1) weighing a vehicle empty 2) loading a shipment and returning the vehicle to the scale to obtain the new weight and 3) subtracting the empty from the loaded weight. Can also be obtained by individually weighing each piece of freight
Ad Hoc Commitee
Committee formed to deal with a specific issue or task; the committee is dissolved upon making its final report to the organization that created it
Ad Valorem Tax
Tax applied to an item according to the value of an item (see also Duty)
ADA
Americans with Disability Act
Additional Insured
An individual or organization listed as covered by a primary insurance agreement
Adjoining Rooms
Rooms with common walls, but without connecting doors
Adult Learner
An adult who is usually pursuing education to attain a specific and practical goal
Advance Order
An order for goods and/or services placed before the move-in date for an exhibition, usually less expensive than an order made on-site
Advance Rate
Fees associated with advance orders which typically include discounts when paid in advance
Advance Registration
Booking before an event takes place, Allows attendees to register for an event before it actually takes places (See also Pre-Registration)
Advisory Board
A group that offers advice or counsel to event organizer, event management, or other organization on strategic options such as education content, exhibitor matters, contracting policies or other issues
Affinity Group
Group sharing common interest, usually people who are members of the same organization