COMMISSIONERS STANDARD INDUSTRIAL MORTALITY TABLE
Mathematical table actuaries use in computing the nonforfeiture values of industrial life insurance policies. It establishes the minimum amount that must be paid to the policyholder, making payout standards for these insurance policies.
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Brokerage Supervisor
Brokerage company officer responsible for appointing, training, and managing brokers, as well as for selling the products to the brokers. The super ...
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Series of regular increases to a company’s dividend. Many huge corporations prefer to include this policy because it demonstrates the firm&rs ...
Balloon Option
An option contract wherein the strike price dramatically increases after the price of the underlying asset reaches a specified threshold. A balloon ...
Activity Center
An amalgam of activity costs related with specific processes and accounted in activity-based costing (ABC) systems. Ever activity center is identif ...
Parity
Parity is defined as:
It is a situation of equality. It may appear in many different context, but it constantly means two t ...
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It’s almost done! With just a few steps away, the house that you have been dreaming of will be yours.
Digesting Financial Statements: Long-Lasting Liabilities
Long-lived liabilities refer to obligations which are due more than a year. Some examples of long-term debt include convertible bond and capital le ...
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