CANCELLATION PROVISION CLAUSE
In an insurance policy, this is a provision that allows an insurance company or an insurer to call off or cancel a casualty and property or a health insurance policy at any time before its due date. Cancellation clauses are not covered by life insurance policies, and while health insurance policies holds cancellation clauses, the clause does not permits the insurer to call off the policy.
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Senior Bank Loan
Senior Bank Loan is a debt financing obligation. Senior bank loans are issued by the financial institution, typically a bank, to an entity that may ...
Regulatory Asset
Specific costs or revenues that a utility is permitted to defer to its balance sheet, instead of reporting them on the income statement of a compan ...
Multiple Tops
Reversal chart formation that exhibits the deficit of a security to break through to new peaks on several occasions, which tells a strong sell sign ...
Iceberg Order
Huge single order that was split into several smaller lots, usually through an automated program to conceal the true order quantity.
IRS Publication 910
A document that gives information on the free resources the agency offers. Published by the Internal Revenue Services (IRS), it identifies many of ...
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