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Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
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A once reinsured portoflio which is being reinsured all over again.
A strategy in which encouragement, the incentive of a reward or challenge might be enough to convince a person to achieve his/ her goal.
The period of time for which a couple of different reactive chemicals can be used, after they have been mixed together.
Examination or measurement of any overhead, which has passed through the phase of manufacturing.
Materials that fail to reach their desired state of consumption.
An initiative taken by the government in order to bring about an increase in the capital investment. This is done generally in poorly developed areas.
A proper analysis and identification of the information/ assumptions which form the basis of any plan. It is used to check if any changes need to be made.
Costs that are charged before a firm actually opens for business, usually in the setting up and promotional activities.
The value of a security at the time of issuance.
When national currency gets its value from another countries currency system. Or when a security company tries to keep its prices close to par value. Refer to crawling peg and managed foreign
A plus + placed on a record when a security is sold at a higher price than previously considered. This initiates a short sale. AKA uptick. Refer to minus, zero plus, and
When assets are greater than liabilies. Refer to gap, gapping, and negative gap.
Early mortgage payment due to the sale of the home or refinancing to get a better interest rate. Refer to model and speed.
A captive where individual accounts called cells are used for selfinsurance. The cells are seperated by statute protecting them from loss. Refer to agency, group, pure, senior, sister and renta captive.
An option that pays the ending price if it is below strike price. Otherwise there is no payoff.
A fixed incomes yield curve depicting interest rates and maturity dates for a marketplace.
The flag in a chart signifing a peak point. At this peak prices drop or raise quickly.
A chart showing movement of investments without considering time. Xs and Os show up and down movement and if the trend shifts a new column is added. The chart is made to
When a companies assets exceed its liabilities. There is plenty of liquidity to cover obligatins. Refer to negative working capital.