COMBINED RATIO
Profitability measure of an insurance firm indicating its performance in its day-to-day operations. A ratio above 100% signals a company pays out more money in claims than it receives from premiums, while a ratio below 100% denotes it makes underwriting profit. The ratio is made up of the claims ratio and the expense. The claims ratio is a percentage of revenue from premiums. The expense ratio is operating costs expressed as a percentage of revenue from premiums.
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Lifespan of an asset or a liability in which its value is expected to either increase or decline, depending on its nature.
Time ...
Social Networking
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Rural Housing Service - RHS
A division in the U.S. Department of Agriculture responsible for managing programs that focus on rural housing and community service facilities, an ...
Interest Equalization Tax
Tax on foreign stocks and bonds acquired by American. Levied in 1963, it is designed to lessen the US balance of payments deficit by deterring inve ...
Bill Of Materials - BOM
List of raw materials or any things that are required to build a product. It is usually in the hierarchical format. Topmost level showing the end p ...
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