Administrative Services Only Agreement (ASO Agreement)

Administrative Services Only Agreement (ASO Agreement),

Definition of Administrative Services Only Agreement (ASO Agreement):

  • An administrative services contract (ASO) is a plan under which an organization pays another organization to perform insurance or benefits-related administrative work. By simply outsourcing the management work, companies can handle claims on their own and avoid insurance premiums.

Literal Meanings of Administrative Services Only Agreement (ASO Agreement)

Administrative:

Meanings of Administrative:
  1. Regarding the management of a company, organization, etc.

Synonyms of Administrative

controlling, managerial, governmental, supervisory, management, directing, regulatory, executive, organizational, directorial

Services:

Meanings of Services:
  1. Perform routine maintenance or repair work on (vehicle or machine).

  2. With a (male) mate (female)

  3. Helping or working with someone.

  4. A system that provides public needs such as transport, communications or utilities such as electricity and water.

  5. Religious worship in the prescribed form.

  6. Routine inspection and maintenance of vehicles or other machinery as usual.

  7. A set of snacks to serve some food.

  8. (In tennis and other racquet sports) The act of starting a game or right.

  9. Formal service documents such as letters or subpoints.

Sentences of Services
  1. Make sure gas supplies are delivered regularly.

  2. A dog can potentially serve several batches in one day

  3. Millions of people are involved in volunteering

  4. Regular bus service

  5. Funeral

  6. Bring a car to the service

  7. The petitioner removed his car and was informed according to his responsibilities.

Synonyms of Services

resource, utility, helping hand, servicing, ordinance, ceremony, kindness, overhaul, good turn, favour, routine check, facility, maintenance check, observance, ritual, amenity, solution, rite, act of assistance, service, check

Only:

Meanings of Only:
  1. Nothing more, either alone or exclusively.

  2. Not more than that.

  3. With negative or unfortunate consequences.

  4. Alone, alone or alone.

  5. Plus, it's like that.

Sentences of Only
  1. There are only a limited number of your cards.

  2. Change to parking, just to block the road.

  3. Only the medal we have won

Synonyms of Only

lone, individual, one and only, only possible, at best, as little as, single, no more than, exclusive, just, solitary, sole, at most, one, unique, not more than, only just

Agreement:

Meanings of Agreement:
  1. Harmony or consensus of opinion or sense of position or result of an agreement.

Sentences of Agreement
  1. The government has not reached an agreement

Synonyms of Agreement

unison, like-mindedness, harmony, consensus, sympathy, concord, accord, concurrence, accordance, unity, rapport

Administrative Services Only Agreement (ASO Agreement),

Administrative Services Only Agreement (ASO Agreement): What is the Meaning of Administrative Services Only Agreement (ASO Agreement)?

  • Administrative Services Agreement (ASO) is a scheme under which one country pays another country to perform insurance or benefit-related administrative work. Only by outsourcing the management work can companies process claims on their own and avoid paying insurance premiums.

Literal Meanings of Administrative Services Only Agreement (ASO Agreement)

Administrative:

Meanings of Administrative:
  1. In running a business, organization, etc.

Synonyms of Administrative

gubernatorial

Services:

Meanings of Services:
  1. The act of helping or working with someone.

  2. Systems that meet public needs such as transport, communications or utilities such as electricity and water.

  3. Homosexuality with (male) (female).

Sentences of Services
  1. One dog can possibly produce several dogs in one day.

Synonyms of Services

system, ministrations, offices, check over, repair, recondition, mend, keep in good condition, maintain, go over, give a maintenance check to, aid

Only:

Meanings of Only:
  1. Nor is he alone

  2. no longer.

  3. With this negative or unfortunate result.

  4. Except for that

Sentences of Only
  1. Only a limited number of cards are available.

  2. A new gene was discovered last year.

  3. He turned into a parking lot just to block the road.

  4. The only medal we have ever won.

  5. He is still young, only the worried look on his face makes him look old.

Synonyms of Only

by a hair's breadth, hardly, barely, one (and only), by the skin of one's teeth, narrowly, exclusively, entirely, scarcely, solely, uniquely, no longer ago than, wholly, (only) just, no/not more than, not until

Agreement:

Meanings of Agreement:
  1. Harmony or agreement of opinion or feeling.

Synonyms of Agreement

arrangement, compact, consent, protocol, covenant, pledge, assent, concordat, bond, pact, confirmation, endorsement, acquiescence, contract, treaty, acceptance, entente, understanding, bargain, settlement, promise, deal