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.

The account which states the total shares owned of a preferred account.

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.

A portion of any publication which is known to attract more attention as compared to other portions. Similarly, the pricing of the ‘preferred position’ is more than the standard charges.

Any debt which is discharged before any other debt is paid off.

A term commonly used to describe a burglary that was caused at the premises of the insured party.

A method of selling something at lower rates, in order to ward off the competition within any market.

An injunction granted before the trial has started, which states that the plaintiff will suffer extensive damage in case the injunction is not granted. Security must be posted with the court in

The excess amount paid on the shares that are outstanding of the preferred stock, held by a company.

More dividends are paid out to shareholders as their value of stock increases.

A clause included in certain policies, which grants the beneficiary a refund on the face amount of their policy, including all of the premiums that they have paid so far.

A technique in which two or more products are sold in one piece, as a bundle. Generally, a premium offer is used to increase sales of a product.

A situation in which the claim launched by the plaintiff hasn’t fully grown to become an actual claim.

The total amount of profit, that is taken from the preferred stock of the company. The preferred equity does not take in to account any profit brought in through other investments.

A technique in which brands try to sell their products at a higher price compared to the general market, in order to create a brand image.

Costs that are incurred before income has been reported on the balance sheet.

A legally binding agreement between a couple, stating how the assets would be divided if the marriage fails to last.

The total cost of a certain insurance.

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.