CESSION
Transferring portions of the obligations to a reinsurer in an insurance firm’s policy portfolio. Risk can be transferred to the reinsurer either proportional or non-proportional. Proportional pertains to an arrangement in which the insurer and reinsurer share a percentage of both premiums and losses. Non-proportional refers to a system in which the reinsurer pays off only when losses exceed the agreed-upon amount.
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Muriel Siebert
The First Woman of Finance; President and Founder of Siebert Financial Corp., a holding company that owns and operates a discount brokerage a ...
Avoidable Cost
It is the expense that will not be spent if that particular operation or activity is not performed by the company. It refers to the costs of variab ...
Straight Credit
Letter of credit which can only be paid at the counters of the issuing bank or a designated drawee bank authorized to make payment. This can only b ...
Monthly Treasury Average Index - MTA Index
12-month moving average of the one year constant maturity treasury (CMT) used for adjustable rate mortgages. To compute, add the 12 latest monthly ...
Variable Life Insurance Policy
Variable Life Insurance Policy is a type of life insurance that provides permanent protection to the beneficiary upon the policyholder’s deat ...
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Principles of Trading: Charting
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Principles of Trading: Leverage and Margin
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Student Loans: Repayment in Times of Financial Difficulty
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Industrial Production | Apr | |
| 08:30 | Producer & Import Prices | May | |
| 11:00 | Industrial Production | Apr | |
| 14:30 | Manufacturing Shipments | Apr | |
| 15:30 | Leading Indicators | Apr | |
| 00:45 | Food Price | May | |
| 03:30 | Monetary Policy Meeting Minutes | ||
| 03:30 | House Price Index | 1 quarter | |
| 06:30 | Tertiary Industry Index | Apr |
