SCHEDULED PERSONAL PROPERTY
Scheduled Personal Property is an added coverage that goes beyond the standard coverage provided by a homeowners’ insurance policy. The purpose of scheduled personal property is to protect out-of-the-ordinary items that require a separate insurance policy to fully cover the value in case of a claim be made. For this specific added coverage, every item that the insured wants to be added separately to the schedule must be aware of the more-often-than-not added premiums.
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Concentration Ratio
Ratio indicating the relative size of companies in respect to their industry in general. Low concentration ratio denotes higher competition among t ...
Back-To-Back Letters Of Credit
Two letters of credit (LCs) utilized together to aid a merchant in financing the buying of services or equipment from a subcontractor. With the aut ...
Stock Market Crash of 1987
Rapid and one of the most severe downturn in stock prices which took place on October 19, 1987. Following five days of intensifying stock market pl ...
Z-Score
“Z-Score” is a statistical measurement showing the relationship of the score to the mean. It can be positive or negative, which means t ...
Premium
The total cost of an option.
The difference between the higher price paid for a fixed-income secur ...
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