POPULATION AT RISK
A certain portion of the population who is much more exposed to dangers or harm, in comparison to the larger population.
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A certain portion of the population who is much more exposed to dangers or harm, in comparison to the larger population.
Investment made by a company, primarily for financial gain. It does not establish lasting interest, nor does it give effective management control. Secondly, it can also mean to any type of investment
Positive economy is when economics is studies with the ‘what is’ and ‘what will happen’ approach, in case a certain course of action is undertaken or not.
When a firm is valued after a sale and when new shares are issued, it is called post money valuation. Generally taken by multiplying the total amount of outstanding shares with the
A nurse who is licensed to help her patients in performing usual tasks of the day such as eating, bathing, etc. A practical nurse cannot administer medication.
An authorization that must be taken from the insurer before treatment can be gven. The physicican of the insured party has to give in an estimate of the costs, as well as
Loans that are provided to exporting companies, after the lenders carefully check and ensure that orders have been placed for the goods, hence ensuring that they will get returns for their loans.
A requirement that states that any person who wishes to apply for an insurance license must complete an educational degree or course.
A receipt given out to a policy holder, by the insurer or an agent on behalf of the insurer, which provides confirmation that payment has been received.
An insurance policy that includes more than two different kinds of coverage; for example, personal and commercial.
The amount of time it takes to pay back investments. The investment repayment takes the form of cash flows over the life of the asset. A discount rate can be given. Refer
When stock with heavy options trades near strike price of its most active option.
When the price of cash is greater than the price of the futures. Refer to basis risk and negative basis.
The amount an insurer needs to cover its expenses and generate profit. Fair premium is determined using premium loading and pure premium.
The inflaction of a wholesale purchase. It is based on the manufacturing process not the associated services. Refer to consumer price index, harmonized index of consume prices, and retail price index.
The way premium on property and causality insurance is calculated. Premium loading factors are not used in the process. AKA standard risk. Refer to speculative risk.
Investment capital that came in the form of stock, public offering, or addon.
When the payer can choose to pay fixed rates rather than floating rates. This occurs when the strike price have a high interest rate. Refer to reciever swapation.
The foreign exchange quotes fifth decimal point.
When an asset earns more than it costs to maintain it. Refer to negative carry.