BENCHMARK SURPLUS
This term is an insurance term that talks about the quantity of surplus from an added capital source that would be essential to act as an additive to the cash flow. The benchmark surplus would be a compulsory when sudden contingencies takes place that could disorganize or harm the cash flow needed for an insurance company to make future benefit payments for which it has already taken the premiums.
POPULAR TERMS
Secondary Mortgage Market
Secondary Mortgage Market is a market wherein mortgage aggregators, securitizers, originators, and investors go to buy and sell mortgage loans and ...
Giffen Good
Good for which demand rises as the price escalates, and declines when the price decreases. It has an upward-sloping demand curve, contrary to the f ...
Inactivity Fee
Fee charged to investors by brokerages for infrequent trading in their brokerage accounts to meet the minimum trading requirement
CVE
Currency abbreviation for the Cape Verde escudo, the official currency of the Republic of Cape Verde. The CVE subunit is called the centavo. Instea ...
Product Recall Insurance
An insurance that covers the costs involved in recalling possibly defective products made by the insured.
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| Time | Country | Indices | Period |
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