Medical Definition of Sexual sadism. Sexual sadism: Individuals with sexual sadism disorder have persistent fantasies in which sexual excitement results from inflicting psychological or physical suffering (including humiliation and terror) on a sexual partner. This disorder is different from minor acts of aggression in normal sexual activity; for example, rough sex.
total insurable value (TIV) A property insurance term referring to the sum of the full value of the insured's covered property, business income values, and any other covered property interests. Suggest an improvement or addition to the Insurance and Risk Management Glossary. Buy a print version of the Insurance and Risk Management Glossary.
Definition. Costs accumulated during business activities that are recorded as liabilities on the company balance sheet until they are discharged or paid. Incurred costs may include direct operating or production expenses, indirect expenses such as overhead, and unexpected costs as well. The estimated incurred cost of ABC Company's warehouse electricity consumed in the month of March will be recorded in March and paid in April.