UNDERWRITING PROFIT OR LOSS
Loss experienced or profit gained from a policy for insurance.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Loss experienced or profit gained from a policy for insurance.
A thing unable to be collected after all efforts have been made.
Balance sheet considering only tangible assets and not any intangible assets.
Term describing the elite or upper class.
Bidding at a lower price that that of other bidders.
Damage to property underground such as sewers and pipes by excavation, drilling, backfilling or changing to the ground.
Corporate activities at odds with the charter.
Tax qualified account for savings allowing the account holder to put aside money for retirement.
Analyst rate of a security that reflects opinion that its will stay behind the market.
A security with a price expected to rise due to it trading lower than is justified by its estimated and current earnings. See Bottom fishing; Value investing.
Stop order where the stop price moves with trading prices of the security.
Underwriting syndicate where each member has dual liability. See divided account.
Part of the premium applying to a reinsured part of the policy.
Underwriter’s group existing temporarily and banks formed for marketing new bonds or shares that is too big for one body to handle it. Also known as underwriting group.
1. Accounting. Income received before a service is provided or a good is sold.2. Taxation. Income from means not arising from a person’s efforts.
Situation where a plant or machine runs at less than its full capacity in order to accommodate production rate or time for processing.
1. Account with a broker enabling the individual to buy and sell securities. 2. Section of an income statement showing the way gross profit was made through trading actions.
Technique to reduce or forego desirable outcomes to maximize return and effectiveness.
Area located on the trading floor of an options and futures exchange. Contracts are sold and bought in a live cry out auction.
Bank account designation for business and personal transactions. See doing business as.