APPORTIONMENT
It is the loss allocation of all insurance companies that give insurance to properties. The allocation of these companies is used in order to determine the percentage of liability of every insurer. To illustrate, four insurers that each covered $20,000 on a $80,000 property are apportioned a quarter of the claim once the property was destroyed. The term apportionment can also mean the economic benefit distribution.
POPULAR TERMS
Foreign
Any corporation that is organized under the laws of another country.
Range Accrual
A form of interest accrual in which the coupon rate is only earned on days when another rate from which the coupon is derived falls within a specif ...
Golden Leash
Special incentives offered to nominated directors to become part of the firm’s board by a major shareholder. It is designed to offer an incen ...
Cyclical Stock
Equity security whose price by affected by fluctuation in the overall economy. Normally, it is related to firms selling discretionary items custome ...
Ahn Cheol-Soo
The former CEO and founder of Ahnlab,a Korean anti-virus software company. Ahn (commonly known as Charles Ahn) was born in South Korea in 1962. He ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
Student Loans: Consolidating Private Loans
Fixed interest rates.
That is one viable reason for consolidating private loans although you are not mulling over that option. Private lo ...
Starting Your Own Small Business: Choosing What You Want to Sell
Some people say that the only real way to get rich is by starting your own business. However, this is untrue; there are a lot of reasons to start y ...
A Guide to Your Personal Income Tax: Steps to Take before April 15
Taxpayers, remember these two dates when filing your tax return: December 31 and April 15. We have previously discussed what to do before the year ...
Digesting Financial Statements: Introduction
Financial statements open a window how healthy a company is (in terms of finances). This document presents the financial activities of a person or ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Jan | |
| 06:30 | Industrial Production | Nov | |
| 09:00 | PPI | Dec | |
| 13:00 | Bundesbank Monthly Report | ||
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Trade Balance | Dec | |
| 11:30 | Claimant Count Change | Dec | |
| 11:30 | Claimant Count Rate | Nov | |
| 11:30 | Average Earnings Index | Nov |
