Category: L

Specified number of securities requested out of a new issue as an allotment is detailed in this document.

An allottee-stockholder-shareholder issues this written notification, renouncing or transferring new-issue allotted securities or rights to an issue to other stockholder(s).

Effort in providing service appropriate to satisfy customer needs and desires of clientele the firm wishes to attract and is not a profit killer. Measured amount and kind of service

A note that gives investors a possibility of returns through a coupon. Refer to inverse floating rate note.

In return for transferring a property to the caregiver, one or more persons are guaranteed lifetime care and maintenance, under this arrangement .

Contract between the entity buying the policy, as the insured or policy holder, and a life insurance company, as the insurer.

a port’s cranes and derricks load and offload a containerized cargo ship.

an electronic system that stores and displays information on limit orders and feeds the data to the specialist display book. Orders that are entered as good, until cancelled, remain in the system

The insured pays the entire premium sooner than a traditional model, as set in the policy.

Insurer’s categorization of the products and policies it sells, such as Homeowners, Health or Life.

1. A scheduled service between fixed ports on a trade route by such a cargo and/or passenger transport shipping line operations. 2. Material placed between two other materials to serve as a

Email messaging services’ dedicated computer system.

Carrying passengers using a rented vehicle. Typically an automobile insurance policies’ exclusion.

The point where warehouse meets the outside world; where goods are loaded on/off a vehicle. A warehouse area.

When a swaps principal cannot be increased or decreased no matter what the interest does.

A report where asset prices distribution is calculated using a random variable to show how the market can change. Refer to normal distribution.

B/L with the terms and conditions of carriage printed on its back. Either the older Hague rules or the more recent HagueVisby rules govern these terms. Conditions of carriage are defined as

Five years or longer planning horizon for this type of plan. Also known as long range plan.

The insurer / insurance company hires one for an insured’s insurance claim investigation and settlement an insured. This person is typically and independent entity. Also refer to loss assessor.

The number of losses over a period of time.