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

The rate at which a publication would alow a client to place an ad in its ‘preferred position’.

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

A theory which states that individual investors generally have a preferred limit of lengths when it comes to the maturity of any bond, and an investor is only liable to go out

A bidder who has been preferred over others, by a company who is holding an auction.

Any assumption or information which forms the basis of a conclusion.

Booking a certain slot for a TV commercial, etc. in advance. It can be switched in case another advertiser decides to pay full money for a certain slot.

A bond that has been issued by the government. Generally, it is already backed up by several securities of the government which are set in escrow.

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

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 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.

A loan that is given by the insured party to the insurer.

A requirement that states that any person who wishes to apply for an insurance license must complete an educational degree or course.

When large projects are to be constructed, a prefeasibility study is carried out in order to decide whether or not the project will be worth proceeding with or not.

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

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

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 discount given to any policy holder if they decide to pay all of their premium for the year in advance.

The evaluation of the value of a firm, before it is sold. Valuation is done by issuing new shares, and then multiplying the price to earnings ratio by the periodic earnings of

A certified document which is required to check whether the insured party needs to go to the hospital or not.