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

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

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 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 conscious or subconscious mode of a person, which evaluates how they might act in a specified situation.

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.

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

A group of different personnel who are ready to provide treatment to members of the group for a preset fee. It is usually another option as compared to a HMO network, which

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

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.

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

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

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

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

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

A form which is used to pay the premium as a deposit when the term begins.

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

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

A notice issued in order to provide the exact date on which a premium will become payable.