ADJUSTED LIABILITIES
An insurance company's liabilities which is different from the statutory liabilities of the company due to its adjustment. It calculated by picking the statutory liability and deducting the asset valuation reserve and the interest maintenance reserve. The statutory liabilities are the liabilities of the company as determined by the accounting rules applicable. The National Association of Insurance Commissioners (NAIC) obligates the insurance companies to preserve the aforementioned reserves to cushion for potential credit and equity losses. This definition is exclusive only to the insurance industry.
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Specific-Shares Method
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Voting Trust Certificate
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Sample Selection Bias
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Ratio determining the default risk of a potential homebuyer if he would purchase a home using multiple mortgages. In general, creditors are willing ...
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Possibility a significant economic changes in a country will spread to other nations. It pertains to the spread of either an economic boom or econo ...
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