staggered terms. Membership terms for a firm's directors that expire in different years. A firm with 12 directors might have 4-year terms with 3 seats up for election each year. Staggered terms make it more difficult for a raider to gain control of a board.
Definition of mood disorder. : any of several psychological disorders (as major depressive disorder or bipolar disorder) characterized by abnormalities of emotional state âcalled also affective disorder.
Bipolar disorders are one of several medical conditions called depressive disorders. Depressive disorders affect the way a person's brain functions. Depressive disorders are widespread. In the United States alone, it's estimated that more than 17.4 million adults have a depressive disorder each year.