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.
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Owner-Occupant
A property’s resident who also holds the title to that property.
Buy a Spread
Options strategy in which an investor purchases an option purchases an option at a fixed premium and a different strike price. This is profitable i ...
Pledge Fund
A fund whereby members work towards a specific investment goal. They will make contributions into the pool all over a specific period of time.
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Net Tangible Assets
It is calculated as the company’s total assets, less any intangible assets such as patents, trademarks, and goodwill, minus all liabilities a ...
Gross Production Tax
State tax levied on companies generating revenues by depleting non-renewable resources. Firms include producers of oil and gas, as well as miners o ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 04:00 | Industrial production | Aug | |
| 04:00 | Fixed Asset Investment | Aug | |
| 04:00 | Retail Sales | Aug | |
| 04:00 | Unemployment Rate | Aug | |
| 10:00 | Gross Domestic Product | Aug | |
| 10:00 | Gross Domestic Product | Aug | |
| 14:30 | Foreign Securities Purchases | Jul | |
| 14:30 | NY Fed Empire State manufacturing index | Sep | |
| 23:00 | Westpac Consumer Confidence | 3 quarter |
