When a buyer can review the price changes and take the highest profit point. Refer to fixed strike and floating strike look back options as well as options on the maximum or

Options traded with maturity dates that are between two to five years.

1. In General, this is a repeatable set steps that lead back to the first step. : 2. In Electrical/Electronics, this is a complete circuit. An example is a wire-pair connecting the

The government’s or central bank’s monetary policy and how the nation’s money supply is managed. It occurs by expanding the money supply and encouraging citizens and economic growth with easy access to

The insurer / insurance company hires one for an insured’s insurance claim investigation and settlement an insured. This person is typically and independent entity. Also refer to loss assessor.

Claim adjustment’s total cost over and above the actual claim payout, which is excluded.

Contracts over a period of one year in length with construction performance related activities. Residential and commercial construction contracts are typical for this type.

Compared to other risks in the same classification, this amount intends to offset greater-than-average losses most smaller risks have.

When new equity is issued after a trigger event. It is a contingency measure.

IRS rule: corporation cannot file one tax return covering the corporation that includes subsidiaries owned by a third party. This prevents corporate use of losses incurred by the other owner, not the

To reduce the frequency or severity of losses, human, engineering, and risk management practices are employed as a multi-disciplinary approach.

Income loss on a company’s financial statement accounting for litigation proceedings’ financial impact.

in a specific period of time, produced and tracked across the national economy, this is the total amount of goods and services .

Below-cost sale as advertised of goods or services. Intended to increase retail store customer visits. Assumption is visits will also increase full-priced item purchases. Also refer to price leader.

In a particular time frame, loss reoccurrence tally.

produce a reinsurance rate as a factor of pure loss costs.

Loan payments a consumer cannot make and no longer recoverable are a loss amount. T

Income loss on a company’s financial statement accounting for labor strike’s financial impact.

To identify a long-term trend, applying this statistical study. Also refer to cross sectional study.

An arrangement allowing a chosen, earnest buyer time to complete its purchase free of pressure from competition. Seller’s and buyer’s written or oral contract requiring that the seller not seek or accept