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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Minority Interest
Significant but does not control ownership of lower than 50% of the firm’s voting shares, either by an investor or another company.
Total Debt to Total Assets
Leverage ratio measuring the total amount of debt relative to assets. A higher ratio signals higher leverage degree and financial risk. The broad r ...
Contributed Surplus
Amount of money a company generates from sources outside corporate earnings including sale of new shares higher than its par value. It helps both i ...
Level-Premium Insurance
A term life insurance policy in which the premium remains the same throughout the duration of the contract. The premium an individual paid for leve ...
Static Budget
Static Budget is kind of budget that is composed of anticipated values of inputs and outputs prior to the period of operation. More often than not, ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 00:45 | Food Price | Jun | |
| 06:30 | Tertiary Industry Index | May | |
| 08:00 | Wholesale Price Index | Jun | |
| 17:30 | BoE Governor Andrew Bailey delivers a speech | ||
| 17:30 | FOMC Member John C. Williams Speaks | ||
| 20:00 | Federal Budget Balance | Jun | |
| 00:45 | Visitor Arrivals | May | |
| 01:01 | BRC Retail Sales Monitor | Jun | |
| 03:30 | NAB Business Confidence | Jun |
